Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 23.98% 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 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 0.12% 0.55% -0.67% 0.32% 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.
April 28: Cardano is expected to launch 2 test nets in the near future: Yella test net (Cardano’s IELE Virtual Machine) and K-EVM ( Ethereum -0.26% 2.88% 0.71% Virtual Machine) with release dates to be identified soon.
May 7: Cardano releases formal specification for a wallet.
May 9: EMURGO announces token acceptance on Metaps Plus which is one of the largest mobile payment platform in South Korea. This is the first Asian cryptocurrency integration into mobile payment platform
May 19: The Chinese government has produced the first ratings table ranking cryptocurrencies with Cardano ranked at number 7.
May 23: Cryptopia (New Zealand Cryptocurrency Exchange) lists Cardano.
May 29: Cardano ( ) launches Smart Contract Testnet (KEVM smart contracts testnet). Developers will be able to take any application that runs on the EVM and execute it on the KEVM - This is a necessary step towards the promise of third-generation blockchains.
June 15: Bitthumb lists Cardano.
June 20: Etoro allows trading of Cardano.
June 22: iceCUBED Exchange announces that it aims to list Cardano.
June 30: IOHK releases a paper called the ‘A Treasury System for Cryptocurrencies’. This aims to resolve the “lack of secure and community-inclusive long-term sustainability of funding”.
July 14: Cardano announces the addition of Goguen feature which aims to deliver smart contract capability for the Cardano computational layer.
July 14: Coinbase announces that it is exploring the addition of Cardano it's platform.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***