Investors showed rising concern about Cardano (ADA) after its value fell to $0.55 during a 13.5% dip which triggered 300% growth in trading volumes to $1.61 billion throughout 24 hours due to widespread market anxiety. An expert reports that ADA crypto dominance faces substantial market competition from Mutuum Finance (MUTM) which sells its DeFi token at the current presale price of $0.025.
The new project has obtained $6.9 million funding
