ADA Price Risks 10% Drop Amid $74M Controversial Proposal
coingape.com 27 August 2024 08:20, UTC
ADA Price struggles along with the rest of the market, having dropped 4.5% over the last 24 hours. The total crypto market cap is also down 1.7%, as most traders have turned bearish, anticipating a further decline. Meanwhile, the Cardano community is in an uproar, as a leaked proposal revealed a request for 200 million ADA tokens. The backlash has been intense, as the incident adds salt to the injury of the postponed Chang hard fork upgrade.