WHAT IS CARDANO (ADA) COIN?
Cardano is a platform with ADA crypto system for crypto money transfers. This cryptocurrency represents the future of money and enables secure, fast and direct transfers with cryptography. Cardano is not just a cryptocurrency, it is a technological platform that can sustain financial applications used by individuals, organizations and governments around the world every day.
WHY IS THE ADA RISING?
Behind Cardano’s rise is the Mary update, which will be available on the mainnet as of March 1 and is running on the testnet at hand. With the Mary update, developers will be able to start creating coins on the Cardano network. In this case, the demand for Cardano is increasing day by day.
On Thursday, Cardano gained 10.01% to trade at $3.036047. This is the largest one-day increase since August 27.
With this rise, Cardano’s market cap was $96,127679B, while the ratio of its value in the total cryptocurrency markets was 4.32%. The market cap in Cardano cryptocurrency is set at $94,116713B.
Cardano was traded between $2.836796 and $3.036047 in the past 1 day.
Cardano was up 10.12% in 1 week with 24-hour trading volume to be $5.527929B, or 4.35% by total volume.
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