Cardano lost 28% of its value in the last seven days, losing its position in the market to become the 15th-largest cryptocurrency by market cap. It has declined below the $0.1700 level, with sentiment largely unsettled by remarks from founder Charles Hoskinson, which briefly intensified uncertainty across the market before being partially clarified. Cardano drops to 15th on the CMC list Cardano was the 10th-largest cryptocurrency by market cap a few weeks ago. However, it has lost nearly $4 billion in market cap during that period and has dropped to 15th place. ADA lost 30% of its value in the last seven days after Hoskinson posted “I’m taking a break, TTYL” on X, triggering confusion among investors.
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