#Cardano traded at $1.06, with a daily trading volume of $7.4 billion. Cardano is down 11.76% for the day.
#The fourth most valuable crypto asset is currently witnessing record sell-offs amid high profit-taking at the crypto-verse.
#At the time of writing this report, Cardano traded at $1.06, with a daily trading volume of $7.4 billion. Cardano is down 11.76% for the day.
#The widely known crypto among retail investors recently achieved this after a hard fork called“Mary” on March 2.
#This hard fork will permit crypto users to create tokens that can run on the same blockchain as Cardano’s native token, ADA. This now means Cardano shares close similarity with Ethereum, which had already allowed for the creation of new tokens on its blockchain.
#Amid the recent price drop in play, Cardano has experienced an impressive rally of late, as investors have relatively remained bullish on the fast-rising crypto asset on the bias that many crypto pundits believe it has the most decentralized project, and the most friendly and simple staking seen.
#Cardano’s current return on investment stands at about 4837%.
#Cardano (ADA) has been tipped to do well by many crypto experts on the account that it headed towards its smart contract launch last month, leading to a significant amount of applications built on Cardano.
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