The Cardano price has fallen following the recent crypto market crash, wiping out billions of dollars of value in a fresh US-China trade war. ADA is currently trading around $0.65 with no upward trend due to profit-taking and bears.
Some investors are shifting towards faster-growing alternatives, although others continue to consider Cardano a long-term project. A notable example is Remittix, a PayFi token that has collected over $27.3 million by selling 677 million tokens for $0.1130.
Following the massive cryptocrash triggered by escalating trade tensions between the US and China, the Cardano price remains under pressure, with the crash sweeping nearly $19 billion off the market and ADA going down to as low as $0.
Investors are looking for the next crypto to surge.
Author's summary: Cardano price falls after crypto market crash.