cardano

Cardano is in a correction, but fundamentals are improving.

Cardano (ADA) has been in a downtrend since reaching its all-time high on September 2nd, and has practically swayed below its 20-50 EMA. The decline proved to be quite dangerous for the bulls, as they were unable to defend the $1 mark.

Cardano's Project Catalyst is intriguing: a decentralized fund of approximately $1 billion that will be voted on and allocated to those with proposals to improve the Cardano ecosystem.