in , , , , , ,

Cardano Latest Updates, ADA Price Analysis

The article intuitively covers the recent advancements with respect to Cardano and the latest price analysis for ADA token.
The article intuitively covers the recent advancements with respect to Cardano and the latest price analysis for ADA token.

Keeping up with the changing attributes in the crypto domain is highly challenging in this busy world. The article intuitively covers the recent advancements with respect to Cardano.

 

Cardano news updates from the past few months

Things have not been quite in favor of Cardano, within the past few weeks as the existence of Cardano Foundation is at stake. The Cardano project was a joint venture of three organizations namely, the Cardano Foundation, IOHK, and Emurgo. The overall workload for the development of the blockchain protocol was divided among them equally. But, recently the Cardano Foundation has been accused of underperforming. The CEO of the project, Charles Hoskinson in favor of IOHK and the CEO of Emurgo, Ken Kodama submitted an open letter to the Cardano foundation marking its underperformance.

 

The Cardano Foundation has also various futuristic roadmaps for the fourth quarter of 2018. It predominantly concentrates upon decentralized and fully autonomous systems. Interestingly the foundation has five stages of the roadmap, and currently, it is in the Byron stage, but are parallel working for the development of its next stage, the Shelley stage which focuses on multi-signature transactions for HD wallets.

 

Price analysis

ADAUSD Price Chart
ADAUSD Price Chart

July

From $0.13 to $0.19 the prices marked a significant rise during the month of July. But later again it fell back to $0.13.

 

August

Further bearish Momentum was experienced by the prices, as it fell from $0.13 almost to $0.091 level.

 

September

On 5th September 2018, the price broke its support level of $0.1 and drastically fell to $0.06.

 

October

From $0.08 the prices fell up to $0.07. The 9th largest cryptocurrency is trading around $0.073528.

Avatar

Written by Layla Harding

Comments

Leave a Reply
  1. No worries…the project is in excellent hands and is steaming ahead full-bore.

    > > COMPARE Cardano to ANY Blockchain Project
    – Designed & Built from the ground-up using Scientific & Academic Standards
    – Testnet running for several weeks, ZERO BUGS.
    – Global Team of Engineers & Researchers
    – Quantum Resistant Signature Scheme
    – Haskell Programming Language
    – Provably Secure PoS Algorithm
    – Independent Third Party Audits
    – Academic Peer-Review
    – A Complete Ecosystem
    – Use Cases
    – Use Cases
    – Use Cases
    – Use Cases
    – Use Cases
    – Use Cases

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Comments

0 comments

Stellar Latest Updates, XLM Price Analysis

litecoin-latest-updates-ltc-price-analysis-2

Litecoin Latest Updates, LTC Price Analysis