Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 25.98% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 5: IELE, a virtual machine with a universal language framework for translating and executing smart contracts, is in development to be deployed on the Cardano blockchain.
April 7: Cardano notifies of it's intention to launch beta test of Cardano for Linux.
April 8: Cardano is added to Coinswitch (a crypto-to-crypto exchange aggregator and users can compare prices of ADA and 300+ other coins across their partner exchanges - including KuCoin, Bittrex, Cryptopia, Changelly, Shapeshift etc.)
April 13: The first audit was carried out by FP Complete in conjunction with Cardano Foundation on the Cardano cryptocurrency.
April 17: Cardano is added to Binance cryptocurrency exchange.
April 27: Ouroboros Genesis, the latest version of Ouroboros, the algorithm powering Cardano. his feature matches the security guarantees of proof-of-work protocols that was previously thought to not be feasible.
An increase is trading volume is driven by Korean Exchange Upbit and Binance accounting for 45.60% and 31.47% respectively.