Cardano Price Prediction as Research and Development Firm Input Output Responds to SEC’s Claims that ADA is a Unregistered Security – What Happens Next?

It’s been an ugly few days for ADA, the cryptocurrency that powers the Cardano blockchain, a decentralized smart-contract-enabled layer-1 protocol.
ADA dropped another near 7% on Friday to hit $0.30 per token and is eyeing a retest of March’s lows.
Losses on the week now stand at a staggering more than 20%, which would mark the cryptocurrency’s worst week in over two years.
And Cardano price predictions have suddenly become much more bearish….
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