Billions of ADA might prevent Cardano token's further price surge: Will it break free? cardano ada cardanoada cardanocommunity $ada
has unveiled data that sheds light on a significant roadblock standing in the way of ADA's price growth. Approximately four billion ADA, currently valued between $0.282 and $0.326, remains stuck in a state of unprofitability.
Once the price crosses this threshold, these holders will have the opportunity to sell their tokens at breakeven or even at a slight profit.If ADA manages to surpass this crucial hurdle, further pressure is expected to build up. This outcome should not come as a surprise, considering that a staggering 76% of Cardano's token offering is in the red globally. Astonishingly, only 12.2% of all
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