faced some serious obstacles today as the majority of altcoins and Bitcoin faced a reversal back to values we saw last week. Unfortunately, smaller altcoins are also taking a hit.Following a controversial statement made by the billionaire Mark Cuban, Cardano lost most of its gains we saw in the last two days of trading on the market as the price of the cryptocurrency plunged to $0.5 once again.
A few days ago, the billionaire stated that Cardano is not better than Dogecoin and the memecurrency can show a greater performance compared to the coin co-founded by Hoskinson once it receives an update that will bring decentralized applications to the network.At the same time, Dogecoin did not receive a significant boost on the market, but at least it is showing better performance compared to ADA as DOGE was breaking out of the chart pattern that we highlighted previously.