Opportunity or warning sign? Only 35% of Cardano holders in profit
Although the recent bull market in the cryptocurrency sector has brought on massive profits for investors in many crypto assets, Cardano (ADA) remains a mystery, with only 35% of its holders in the green – leaving traders to wonder whether this is an opportunity or a warning sign.
Read More...Cardano (ADA) Key On-Chain Metric Falls to Worrying Levels
A recent report by data analytics firm IntoTheBlock has spotlighted a concerning trend in the Cardano (ADA) ecosystem: a significant portion of ADA holders find themselves in the red. The analysis delves into the profitability of holders across various layer-1 networks, revealing stark disparities.
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