Is Cardano Still a Viable Investment With Recent Price Drop?
Cardano (ADA) has witnessed a notable 33% decline over the past three months. Compared to its larger competitors, Cardano has struggled, falling about 9% while Bitcoin soared roughly 115% during the same period. This downturn raises important questions about Cardano’s investment viability at the current price of 1,500 dollars. Investors must evaluate whether Cardano’s fundamentals and developments justify a potential investment or if other cryptocurrencies present stronger opportunities at this moment. Understanding market dynamics is key before making significant investments.