Cardano Price Lifeline Danger As Robinhood Delists ADA – Are Losses To $0.22 Imminent?
ADA, the token native to the Cardano ecosystem, was mentioned among the 64 cryptocurrencies the SEC alleged to be securities. advertisement The regulator filed several lawsuits implicating two of the most prominent exchanges, Binance and Coinbase, for listing and facilitating the trading of unregistered security tokens. As expected, such developments tend to cause instability in the market, with Cardano price falling from highs above $0.45 toward the end of May to $0.22 on June 10. Despite the many recovery attempts over the last couple of weeks, it has been increasingly difficult to sustain the trend reversal above $0.30. ADA is trading at $0.275 on Wednesday amid the intensifying danger of losses extending to $0.22. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...