The prolonged cryptocurrency winter continues to hit altcoins harder, and Cardano seems to be the top victim. Data shows ADA has plunged to the lowest price levels of 2023, and further crashes appear possible. Benjamin Cowen of ITC believes price declines beneath $0.24 will dip ADA into the depression phase, which might last until 2024. The post Cardano nears a depression phase as ADA price hits 2023 lows appeared first on Invezz .