The price of Cardano (ADA), in its early stages, has followed the same pattern as the oldest and largest crypto by market cap, Bitcoin (BTC), dropping 85% from its all-time high after its launch.
Some in the crypto community believe that ADA will continue to simulate the price pattern seen in Bitcoin in the early stages of its existence.
On the other hand, there are those that feel that despite similar early-stage price patterns, Cardano and Bitcoin are two completely different cryptos created for different reasons.
The price of ADA now sits between $0.4 and $0.5, according to the crypto market tracker, CoinMarketCap.
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