The cryptocurrency market continues to wade through the murky red waters of a bearish trend – made worse by the collapse of FTX. Despite the negative market mood, ADA has so far held well against the rest of the market, down only 0.6% in the past 24 hours. The Cardano ecosystem continues to grow despite the bear market. According to the latest updates from the crypto space, DJED will be the first algorithmic stablecoin to launch on Cardano's mainnet in January 2023.... Read More: Cardano Price Forecast as Cardano Prepares to Launch New Algorithmic Stablecoin in 2023