@BOMBERuss 8 April 2022 more from that month

Over the past few days, the #Cardano (ADA) cryptocurrency exchange rate has lost about 20%. Two-thirds of investors in this coin are now at a loss. According to the Intotheblock analytical service, there are now 1.03 million addresses in the Cardano network that have bought #ADA coins at a price lower than the current one. This is 20.27% of the total number of such wallets. On the other hand, the owners of 3.63 million addresses suffer losses (71.32%). If you look at the volume of coins, the ratio changes slightly – 18.85 billion ADA (27%) were bought at prices below the current ones. Owners of 42 billion coins (61%) are at a loss. The remaining 12% of the coins were bought at approximately the same prices. Interestingly, a fairly small number of ADA refer to long–term investments - 89% of all coins have been on wallets for less than 12 months. Of course, investors who bought ADA more than a year ago are in profit. However, the situation may change soon enough – a Vasil hard fork is planned for June on the Cardano network. According to Cardano co-founder Charles Hoskinson, quite a lot of #decentralized applications are waiting for this update.