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Cardano ($ADA) and Tron ($TRX) both drop following eToro's announcement to limit their trading

Crowdsense detected the announcement 13+ hours before the end of the market reaction for both coins.

On 23/11/2021 at 4:56 PM (GMT+2), Crowdsense detected that eToro will be limiting ADA and TRX for users in the US. These US users will no longer be able to open new positions or receive staking rewards for Cardano (ADA) and TRON (TRX).

As a result:

  • $ADA price dropped by 7.2% in 13 hours

  • $TRX price dropped by 6.7% in 26 hours

Crowdsense users were notified of the event hours before the market reacted and prices fell. Those users who were holding these coins in their portfolio had much more time to avoid losses. With Crowdsense you identify risks and discover opportunities before they happen.

Sign up today for free and be the first to know what will happen in the crypto market.



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