Cardano’s Plunge: A Comedy of Errors in Crypto

Cardano (ADA), a layer-1 network of some repute, has slipped into the abyss, down over 80% from its December 2024 zenith and 91% from its all-time high. Such is the fate of those who dare to dream in the crypto wilderness. Even the launch of CME futures and the impending Midnight mainnet debut could not stem the tide of despair. The futures, a gift to American investors, were but a fleeting distraction from the inevitable.



