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What really made cardano (ADA) coin spearhead to the top?

Noor khan

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It was a bit surprise for me to see Cardano (ADA) coin to climb above Polkadot and XRP into fourth in the all time crypto ranking. Cardano (ADA) coin is valued at $0.94 per token with a daily increase of 34% and seven days increase of 114.11%.

Cardano (ADA) coin made such jump to the top within 48 hours time period into fourth spot in the crypto market ranking.

What is the force behind the massive increase of Cardano (ADA) coin??
Yes I'll agree with you and your point of view about cardano ADA coin so I can also say this. Cardano was like an abandone coin on the market but now, it proves to investors that it can also be among the top known cryptocurrencies.
Just a few months ago, Cardano was trading at $0.2-0.5 and jumped to $0.7-$1 because of demand. More investors are Investing in Cardano and this helps it to climb up the ladder.
 

Ehizzy1

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Yeah it had its challenges but the team behind the project was very focused and optimistic about it so that was helped them to market Cardano to the interest many Investors and this saw the coin having a bull run.
Yeah maybe they have other development they were doing to help the coin growth. Because i haven't seen them do things like staking and others actually to increase the rate at which users would join the platform
 

Ralphjoe

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The reason for the increased in the price of all cryptocurrencies hadn't changed and it's still controlled by forces of demand and supply. This force is that when there are much people buying the cryptocurrency the price of the cryptocurrency will increase while when most people are selling off their cryptocurrencies, the price will go down. This is also true about cardano (ADA).
 
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Ehizzy1

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The reason for the increased in the price of all cryptocurrencies hadn't changed and it's still controlled by forces of demand and supply. This force is that when there are much people buying the cryptocurrency the price of the cryptocurrency will increase while when most people are selling off their cryptocurrencies, the price will go down. This is also true about cardamom (ADA).
I think the price of other crypto currency have been increasing to but most that are decreasng and arent following the law , but i think cardano is really doing some innovation that helps to make the coin more popular i think , i just wish the price increases more
 

DareIsrael

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You
With coins that increase so drastically over the course of a day and see a doubling in their price in the beginning, I think that it is largely caused by the fear of missing out and people see the coin rise in value and want to get in on it and the market for buying increases accordingly.
You have a point. But recently I started something creators of coin. It is possible that they cause a sudden increase in the value of coins so as to make people interested in buying the coin. I believe it's possible
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You
With coins that increase so drastically over the course of a day and see a doubling in their price in the beginning, I think that it is largely caused by the fear of missing out and people see the coin rise in value and want to get in on it and the market for buying increases accordingly.
You have a point. But recently I started something creators of coin. It is possible that they cause a sudden increase in the value of coins so as to make people interested in buying the coin. I believe it's possible
 

Adasun

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Sincerely I would have purchased the coin if only I have the resources.i am participating in of it's airdrop to se if I can get something to start with.coins are so unpredictable and sometimes you need luck
 

Dowenship

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It was a bit surprise for me to see Cardano (ADA) coin to climb above Polkadot and XRP into fourth in the all time crypto ranking. Cardano (ADA) coin is valued at $0.94 per token with a daily increase of 34% and seven days increase of 114.11%.

Cardano (ADA) coin made such jump to the top within 48 hours time period into fourth spot in the crypto market ranking.

What is the force behind the massive increase of Cardano (ADA) coin??
Have you seen wix? Recently wix risen up 235% close to $5 now. I believe there's no force but human intervention because cardano now is not performing like the time you posted or upload this write up. All this is been done just to attract investors i believe. All of them have same pattern.
 

Sincerem

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Have you seen wix? Recently wix risen up 235% close to $5 now. I believe there's no force but human intervention because cardano now is not performing like the time you posted or upload this write up. All this is been done just to attract investors i believe. All of them have same pattern.
Cardano (ADA) coin isn't doing bad at the moment. I know it drop down a little from when i made this thread. But currently now, it is valued at $1.29 per token. ADA coin is still ranked around the top 10 crypto market. I never knew about six coin, with what you mentioned around the coin, it is on the bullish run. I'll go to coinmarketcap to check for it, thanks for the information.
 

Nurudeen

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I think a news cam out for the coin and it's a positive news and you know Investors will definitely want to use that opportunity to cash out. However, I still think the coin will do better that xrp and other low valued coin in the end
 

Sincerem

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I think a news cam out for the coin and it's a positive news and you know Investors will definitely want to use that opportunity to cash out. However, I still think the coin will do better that xrp and other low valued coin in the end
XRP have surpassed the early achievements of cardano (ADA) coin. XRP is worth around $1.84 per token, while cardano, is around $1.29. XRP have leapfrogged cardano coin back into sixth in the all time table.
 

Bookwormlux

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The price of Bitcoin was springing up at that time and it sure paved way for coins like ADA, and other altcoins that also increased in price at that time.
 

Senator

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There is no magic anywhere that led to the casino coin having such massive surge in price. It simply means people are adopting it as a means for transaction in their great number making it have use
 

Sincerem

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The price of Bitcoin was springing up at that time and it sure paved way for coins like ADA, and other altcoins that also increased in price at that time.
Yeah, when the price of BTC increases, so do other coins in the market. They gain from BTC resurgent to the top, also loses when the coin isn't doing well.
 

Bookwormlux

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Yeah, when the price of BTC increases, so do other coins in the market. They gain from BTC resurgent to the top, also loses when the coin isn't doing well.
Even this current red we are seeing all over the market is not unconnected to the drop in price of BTC. It's just a call for us to continue holding so we don't regret later when things get better.
 

Sincerem

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Even this current red we are seeing all over the market is not unconnected to the drop in price of BTC. It's just a call for us to continue holding so we don't regret later when things get better.
Yes, the market might be displaying red, but it shouldn't make us to panic to much, it shouldn't blow up alarm too much around investors. Those who understands thus, always buy more to holdl for long time, until the market settles to enter another bullish run.
 

Bookwormlux

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Those who have some extra money are already trying their best to buy these coins that are currently dipping and I believe they ain't going to regret their decision at all.
 

Sincerem

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Yes, they won't regret it if they're prone Cryptocurrency investors who invest and stay cautioned and less panicking. Only those who invest now and wants to big reward in the next 24 hours fail in crypto investment.
 

Jlife

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All this are good cryptocurrency I should be looking into but because of my concentration on tron and dogecoin, I do not have time for any other cryptocurrency again. Ada and cake is a nice coin to but if you have the money
 

Sincerem

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All this are good cryptocurrency I should be looking into but because of my concentration on tron and dogecoin, I do not have time for any other cryptocurrency again. Ada and cake is a nice coin to but if you have the money
Yes, I've heard about cake it is a potential coin but I've not taken time to an eye on the coin. I know investing on the coin will be beneficial in the future.
 
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