Cardano Feed: Shocking Lows for ADA, SOL, MATIC, SHIB, and DOGE
The global cryptocurrency market has dropped by 5% in the last 24 hours, with altcoins experiencing wild crashes. Cardano, Solana, and Polygon recorded alarming price drops, while Shiba Inu and Dogecoin also suffered staggering losses. This came after Robinhood announced its decision to delist Cardano, Solana, and Polygon, which the SEC claimed were securities. Solana exhibited a maximum 24-hour loss of 27.47%, Polygon dropped by 24.71%, and Cardano displayed a fall of 24%. Meanwhile, Shiba Inu fell 21.85% to its two-year low, and Dogecoin declined by 11.79%. Binance Coin and XRP also exhibited notable price drops due to the SEC’s regulatory crackdown. At press time, Dogecoin traded at $0.05976 with no signs of reversal.