Cardano (ADA) has seen its price plummet by over 4% in the past 24 hours, edging closer to an alarming $0.14 per coin. With a market cap of $5.34 billion and trading activity surpassing $558 million within the last day, ADA is hovering near its intraday lows. This recent downturn reflects growing selling pressure, which continues to weigh heavily on the cryptocurrency.