Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair. Cardano was founded back in 2017, and the ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software. The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity. Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods. The live Cardano price today is $1,24 USD with a 24-hour trading volume of $9.543.999.443 USD. Cardano is down 4,65% in the last 24 hours. The current CoinMarketCap ranking is #4, with a live market cap of $39.587.339.055 USD. It has a circulating supply of 31.948.309.441 ADA coins and a max. supply of 45.000.000.000 ADA coins. Cardano was founded by Charles Hoskinson, who was also one of the co-founders of the Ethereum network. He is the CEO of IOHK, the company that built Cardano’s blockchain. Yesterday came the great news that we were all waiting for, to include cardano in Coinbase Pro.The price has risen from 1 dollar to 1.25 $ thanks to this news.
I have drawn a visual graph with comments, to get an idea of how the price is going to behave in my opinion, and how far it will go at least this year.
Always where the price retests, it is the ideal area where you have to accumulate more tokens. If this graphic has helped you, I would appreciate a like / comment.
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