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Cryptocurrency discussions / Cardano, Solana & Polygon in Crisis: Crypto Space Hits Bottoms
« on: June 10, 2023, 12:44:03 PM »
Hey there! Just wanted to share some interesting news with you. The SEC recently charged Binance and Coinbase for violating US rules and regulations, and they also classified a few tokens as securities.
Since then, these tokens have been on a bit of a downward trend. Robinhood, which is a major trading platform, decided to remove Cardano (ADA), Solana (SOL), and Polygon (MATIC) from its listings because the SEC categorized them as securities.
As a result, the prices of these three tokens have dropped quite a bit, with losses of around 22.23%, 21.89%, and 22.86% respectively.
They're currently among the top losers for the day.
Get the detailed analysis on Coinpedia
Since then, these tokens have been on a bit of a downward trend. Robinhood, which is a major trading platform, decided to remove Cardano (ADA), Solana (SOL), and Polygon (MATIC) from its listings because the SEC categorized them as securities.
As a result, the prices of these three tokens have dropped quite a bit, with losses of around 22.23%, 21.89%, and 22.86% respectively.
They're currently among the top losers for the day.
Get the detailed analysis on Coinpedia