One of the altcoins with the highest market capitalization and formerly the largest proof-of-stake (PoS) altcoin before Ethereum made the transition to PoS, has been experiencing a lack of progress after years of not fully meeting expectations. The price of this altcoin, currently standing at $0.44, suffered a significant drop in the double digits after reaching a peak of $0.50 on May 21st. The Awesome Oscillator (AO) confirms a noticeable shift in market momentum, indicating a decline in the confidence of ADA Coin bulls. This signal has been persistently flashing for a period of 60 days, which does not bode well for the month of June. Stay up-to-date with the latest financial and business news by visiting COINTURK FINANCE.
