Cardano: a rising cryptocurrency that wants to change the world
/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F718363%2Fc214cf0d-c7d2-461c-a6dc-a07c2713632e.png)
On Oct. 1, 2017, an unusual event caused a collective gasp in the world of cryptocurrencies. A little known cryptocurrency called Cardano — or ADA, as its corresponding coin is called — showed up on crypto-tracking sites with a market cap of about $600 million.
At the time, it was unusual to see a new coin appear out of thin air with such a high market cap. But Cardano is different. It's an incredibly ambitious product with a strong team and tons of buzz. By year's end, the market cap of Cardano was more than $10 billion, despite the fact that the project was in a fairly early stage. In January, it briefly soared to more than $33 billion before receding back to roughly $10 billion as the overall cryptocurrency market shrunk. It is currently the sixth largest cryptocurrency by market cap, behind Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Read more...
More about Cardano, Ada, Charles Hoskinson, Tech, and Sharing Economy
COntributer : Mashable http://ift.tt/2CGRX2m
Reviewed by mimisabreena
on
Sunday, February 25, 2018
Rating:
No comments:
Post a Comment