Why is Cardano dropping?

Most of the cryptocurrencies are dropping, including the Cardano. In fact, Cardano has dropped by a significant percentage when Bitgert is skyrocketing. This is because the Bitgert BRC20 blockchain is more powerful than the Cardano chain . That’s why investors are buying more $BRISE right now.

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How many ADA are owned?

Data presented by Finbold shows that as of December 13 2021, the top 10% of Cardano whales hold over 31 billion ADA out of the 33.43 billion circulating coins, according to the data extracted from the on-chain analysis platform Coin Metrics.

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