Traders bet against Cardano as its biggest new network launches this week

Cardano is attempting to turn the imminent mainnet launch of the Midnight network, a privacy-focused sidechain, into a repair job as market data signals extreme negative sentiment toward its native ADA token. Data from Santiment shows that the average wallet active on the Cardano network over the past year has earned a negative 43% return The post Traders bet against Cardano as its biggest new network launches this week appeared first on CryptoSlate.