Cardano News

Cardano Records 0.5% Dip Since Yesterday Dropping to $0.044

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  • Cardano’s CEO Hoskinson describes ADA as 100 times more decentralized than BTC
  • ADA may trade around $0.046 in the next 2 days

If the CEO of Cardano has to be believed, ADA is 100 times more decentralized than BTC which makes it much more reliable, self-sustaining and long-lasting platform. The crypto has got good reviews from the market analysts and it has performed well in the first half of the year. The current market performance of ADA may not be upto the mark but it has the potential to reverse these slow tides anytime. The highest recorded value of ADA in the past 90 days was $0.106 and it is expected to head towards it again in the next 3 months.

ADA has recorded a downtrend of over 0.5% in the last one-day dipping from $0.04561 to its current value at $0.04534 as on September 14, 2019 at 08:17:40 UTC. The coin started on the high note yesterday but slowly slumped down to $0.04490 mark. It picked up little pace and climbed all the way upto $0.04598 and remained there for some time. ADA is currently trading below this mark but may trade around $0.046 within the next 2 days.

Cardano Price Chart

ADA opened the day on a good note today trading around $0.04580 but then had a steep fall to hit as low as $0.04497. It has, however, recovered from that blow quickly and is currently trading above $0.045 again.

Keeping a close watch on ADA movement is advisable as the crypto may start yielding good results very soon.

 

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