Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: Domithra on April 20, 2018, 10:51:24 AM
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Cardano has been listed on Binance but it was coupled with Bitcoin or Ethereum. Which means ADA was traded only with these two pairs. But on Tuesday, Binance declared that they’ve expanded Cardano’s trading pair and introduced ADA/BNB (BNB is Binance coin) and ADA/USDT trading pairs for traders. The reason why this news is a pretty big deal is that now traders are now provided with the flexibilities of trading Cardano (ADA). Nothing could expand trading opportunities for an Alt coin more than having their trading pairs expanded by one of the biggest cryptocurrency exchange. This announcement came out at a preferable moment. Just when the Huobi listing was about to wear off. All of these events including the upcoming release make Cardano, one of the best coins to hold at present.
Cardano's performance after the binance exposure
The announcement created a spike in Cardano’s market value and the investors have created a pump-like situation for Cardano after the announcement of expanding of trading pairs on Binance. Trading against Binance coin and Tether which is U.S dollar equivalent for traders indicates that there’s going to be an increase in the trading volume of ADA in the coming days as it already took over 5% of the total crypto market trading volume. Its features such as ease of developing using several languages, the low transaction fee is attracting more investors and new adoptions all over the world. The organizational superiority of Cardano is now evident and the anticipation of what comes next is doing its job and keeping ADA up by 4.77% on CoinMarketCap.
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Well it is a good sign that cardano would be one of the great coin that we could HOLD. This news will surely has a huge effect on cardano's trading volume.
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the price of cardano today was down to .24$, i was loss almost 20% out of my capital... i hoping it will rebounce soon.
i was really deppresed of the performance of this coin in the past days because its always move down.
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Cardano is a potential coin and can be held.
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Well, this information is very helpful and I don't really know whether this is the reason why Ada has increased more than 45% within this week. Anyway, it sounds good to adapt holders and we hope to see it rise even higher
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Cardano coin now is not so popular but i can see that it has a great potential to be known in the near future.I think the price value on it will boost by the end of this year.