Cardano hits a new low despite another milestone

Cardano has lost 13% in seven days to hit a new bottom for the year
The blockchain continues to attract new projects as Plutus scripts near 5,000
ADA is still very bearish, and a lower price is possible towards year-end
Barely two weeks to the end of the year, Cardano price (ADA/USD) shows no signs of resuscitating. Trading at just $0.264, ADA is extending its losing streak in the year, having lost 13% for the week. The level is now a new low for the cryptocurrency. But as speculators conti