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Cardano (ADA) is not living up to the expectations of its investors as the number of addresses that have dipped into losses have hit what appears to be an all-time low Many Cardano holders are feeling the effects of this decline. Some are considering selling to offset their losses. The number of active addresses illustrates the state Cardano (ADA) Struggles: 93% of Addresses in Loss - What's Behind the Decline? Cardano (ADA) has emerged as a promising blockchain protocol, boasting numerous features that set it Cardano (ADA) failed to meet investors' expectations as the number of losing addresses hit an all-time low (ATL). Data from market analysis platform IntoTheBlock (ITB) shows that the total According to ITB, the total number of addresses in loss has plummeted to 93.61%, representing a striking contrast to the robust features that Cardano offers. This alarming statistic equates to Almost 90% of Cardano addresses are already in the red. In addition, the Cardano transaction volume is falling sharply, as is the number of active addresses. The metric, which shows the number of addresses making profits and losses at a cryptocurrency’s current price, shows that the number of Cardano addresses in loss is now over 4.19 million.

Cardano Investors Feeling the Pain: 93% of Addresses at a Loss - What's Behind the Decline?

Cardano (ADA) is not living up to the expectations of its investors as the number of addresses that have dipped into losses have hit what appears to be an all-time low. Many Cardano holders are feeling the effects of this decline. Some are considering selling to offset their losses. The number of active addresses illustrates the state.

Cardano (ADA) Struggles: 93% of Addresses in Loss

Cardano (ADA) has emerged as a promising blockchain protocol, boasting numerous features that set it apart. However, recent data paints a concerning picture. Cardano (ADA) failed to meet investors' expectations as the number of losing addresses hit an all-time low (ATL). Data from market analysis platform IntoTheBlock (ITB) shows that the total...

93% of Cardano Addresses Underwater: A Deeper Dive

According to ITB, the total number of addresses in loss has plummeted to 93.61%, representing a striking contrast to the robust features that Cardano offers. This alarming statistic equates to a significant portion of the Cardano community feeling financial strain.

Almost 90% in the Red: Cardano Transaction Volume Declines

Almost 90% of Cardano addresses are already in the red. In addition, the Cardano transaction volume is falling sharply, as is the number of active addresses. The metric, which shows the number of addresses making profits and losses at a cryptocurrency’s current price, shows that the number of Cardano addresses in loss is now over 4.19 million.

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