Why Cardano ( ADA ) is falling after its listing on Cryptopia

Cryptopia, a New Zealand based exchange listed Cardano on 22 May 2018. After its sales on Cryptopia, the Cardano prices are falling. Investors are confused about this price trend.

Why Cardano ( ADA ) is falling after its listing on Cryptopia

Yesterday, the coin listing was confirmed by the Crypto Exchange’s official Twitter handle. They are excited, but are the investors feeling the same. Probably not, but the reason of the price dip of Cardano is because of the Donald Trump’s latest remark on the Immigration status. The US is under tension and the stock market is falling as well.

Cryptopia Exchange tweeted:

“We’re happy to announce the listing of Cardano $ADA! Welcome to the Cryptopia family @CardanoStiftung!”

My personal suggestion is to grab this opportunity and invest with the every price dip. ADA has a great potential and you can expect great price hikes in the coming weeks itself.

Click here to buy ADA on binance.

Cardano works on a blockchain technology that is completely decentralised. Users have the control over it and no particular individual owns it at all. The algorithm uses a concept of creating side chains that protects the user’s privacy.