The Cardano price has fallen due to the recent crypto market crash, triggered by the US-China trade war, wiping out billions of dollars in value. Currently, ADA is trading around $0.65 with no upward trend.
Some investors are shifting towards faster-growing options, while others consider Cardano a long-term project. A notable example is Remittix, a PayFi token that raised over $27.3 million by selling 677 million tokens for $0.1130.
The Cardano price remains under pressure following the massive cryptocrash, which swept nearly $19 billion off the market, with ADA dropping to as low as $0.
Investors continue to consider Cardano a long-term project.
Author's summary: Cardano's price falls amid crypto market crash.