Here's Why Cardano Plunged More than 7% Thursday

Key Points An airdrop of NIGHT tokens for Cardano's Midnight Network side chain did not go as expected. Significant selling pressure for these tokens has led to a 90% drop over the past two days. Here are some of the signals this lackluster launch is sending to Cardano investors. 10 stocks we like better than Cardano › Among all top-10 cryptocurrencies in today's market, Cardano (CRYPTO: ADA) is the biggest underperformer. This top-tier proof-of-stake blockchain network declined 7.7% over the pa ...