$PEPE drops even lower, potentially ending its path on the market for good; unfortunately, $ADA shows similar dynamics despite being a more 'serious' asset
, the most popular meme coin of this season, seems to have hit a low point. Over the past few weeks, PEPE has experienced a steep decline, shedding nearly 90% of its gains, pushing it further into oblivion.
While Cardano's recent performance might seem dismal, it is essential to remember the broader context. The cryptocurrency market has been subject to significant volatility and downward pressure in recent times, largely due to macroeconomic factors and shifting regulatory landscapes.However, looking strictly at the technicals, the situation appears concerning. ADA's price chart exhibits a consistent downward trend with no signs of a reversal.
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