Cardano (ADA) recently, become hot topic among crypto enthusiast around the world after breaks another record in All Time High on February, 27 hits $1,49 based on CoinDesk Key Metrics and take third place as the largest cryptocurrency by Market Cap shifting Binance Coin (BNB).
Based on the ranking of the Largest Cryptocurrencies in Coin Market Cap Cardano price statistics (ADA) increased by 22.95% last 7 days and during 24 hours the price performance exceeded 15%. Even in picture above between Bitcoin, Ethereum, Binance and Tether only Cardano having steady price increase on market in last 7 days.
Based on pitcure above Market Cap Cardano (ADA) exceeding $42.6 billion and having trading volume exceeding $19.8 billion in 24 hours. Cardano (ADA) having steady price on market around $1.37 and possible to soar breaks another ATH in the near future.
Why Cardano (ADA) Promosing to HODL???
Well, the first you must to know i'm not financial advisor and expert trader. I'm just crypto enthusiast that do my own research before deciding to invest and HODL crypto. So, in my personal opinion after reading whipaper of Cardano (ADA), i can conclude why this crypto having potential and promising to HODL :
- Proof of Stake called Ouboros made by expert and proffesional cryptographer and the goals point is secure and flexibility.
- Scalability on Cardano (ADA) will be solve problem about high gas fees, it's like happened on Ethereum Blockchain.
- Smart contract very soon, once smart contract added the price of Cardano (ADA) having high chance skyrocketing and still on development.
- Huge supported by large communities and other brands.
- Proffesional Technical Development Teams made others project development will be done quickly and innovative.
- Decentralized Ecosystem (Censorship Resistant, Immutable, Safety and Scalable) same as pinned tweet on Founder of Cardano (ADA) Charles Hoskinson twitter account.
For your information if you want to knowing more about Cardano (ADA) and the roadmap you can reading full whitepaper here :
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