May 18 2021 was a day to be remembered in the cryptocurrency market. A huge selloff sent altcoins such as Cardano (CCC:ADA-USD) into a volatile state on an intraday basis. On May 19, ADA had a low of $1.03 and a high of $2.03.
This is a considerable amount of volatility. While some of it comes from outside factors, such as new regulations, ADA’s potential to rise or fall is hard to gauge. The crypto advertises significant advantages over its competitors and has signed some big name deals, but is that enough to make it a