Why cardano is going down?

Some people are attributing Cardano's recent decline to a number of factors, including FUD (fear, uncertainty, and doubt) spreading about the security of the network and allegations of insider trading. Others believe that the market is simply correcting after Cardano's huge run-up in price over the past few months. Whatever the reason, it's likely that Cardano will continue to be highly volatile in the coming weeks and months. So if you're thinking of investing in this cryptocurrency, be prepared for some big highs and lows.