Cardano War Chest Growing: Why Is ADA Dropping?

On-chain data on April 5 shows that the Cardano Treasury is rapidly growing even as ADA prices struggle to shake off determined sellers. Currently, the treasury holds over 1.48 billion ADA worth over $843 million at spot rates. If adoption projections are anything to go by, the figure could exponentially increase in the coming months, possibly propping […] source: https://bitcoinist.com/cardano-war-chest-growing-why-is-ada-dropping/