FX_Professor

CARDANO - You Know what I am doing..

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Correction and emphatic rebound today. ADA seems to be the best performing crypto asset and from tomorrow the Japanese will boost it higher (I hope).

So,tomorrow is a HUGE day for ADA CARDANO, people from Japan will be able to buy $ADA on the stock exchange. Decentralization and security of #Cardano will be increased.

On top of that, Smart contracts are being launched soon..


I saw a rather extreme article today.. Don't like it too much but here it is:

Meet Cardano, the cryptocurrency coming for bitcoin’s crown :

As the long-fought battle between bitcoin and ether rages on, newcomers are climbing up the ranks with underlying technology upgrades set to push them onto the main stage — if scammers don’t get to them first.

Smaller tokens known as altcoins have been steadily rising in popularity this year, with one cryptocurrency quickly pulling ahead. Enter cardano, which started 2021 at $0.17 and has jumped 116% so far in August alone to reach $2.90.

Also known by its ticker ADA, cardano is now the world’s third-largest cryptocurrency by market capitalisation, pushing older favourites tether and crypto exchange Binance’s BNB token out of its path earlier this month. It now stands at a total market cap of $93.5bn, according to 24 August data from CoinMarketCap, though it is still a long way from bitcoin’s $934.7bn.

Its rise is largely attributed to the Alonzo hard fork, an upcoming upgrade to the token’s underlying Cardano blockchain network which could see it challenge rival protocol Ethereum for its ability to handle smart contracts. If completed smoothly, this would be a major boon for institutional usage.

“If successful, will bring smart contract functionality by allowing the writing and deployment of smart contracts for the first time on the Cardano blockchain. This upgrade will be significant as it will enable developers to build projects on the network, helping Cardano to position itself as a real ‘competitor’ to the likes of Ethereum,” said Simon Peters, crypto market analyst at online brokerage eToro, last month.

“The price of ADA climbed over the last quarter, suggesting investor optimism around the Alonzo hard fork and Cardano’s ability to challenge Ethereum long term.”

Let's go to 5$ Cardano. You are ready, you can do it now.

One Love,

the FXPROFESSOR

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