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Gate Square New & Returning Creator Rewards are ongoing!
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Cardano's market capitalization has dumped over 50% since March, losing its position in the top ten cryptocurrencies.
Investors who bought ADA in the past two years have suffered an average loss of 26% in holdings.
ADA long-term holders may be dumping as its daily and weekly active addresses have reached the lowest level since 2020.
The bearish argument will be invalidated if the daily candlestick Closing Price exceeds $0.457.
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