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Cardano Price Forecast as Cardano Prepares to Launch New Algorithmic Stablecoin in 2023

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The cryptocurrency market continues to wade through the murky red waters of a bearish trend – made worse by the collapse of FTX.

Despite the negative market mood, ADA has so far held well against the rest of the market, down only 0.6% in the past 24 hours.The Cardano ecosystem continues to grow despite the bear market.

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