Some of the cryptocurrencies have been seeing a downtrend in price over the last month and that is partially to blame on new regulations and bans from countries around the world. Cardano is not immune to the downward trend, but over the last few weeks, it has been one of the strongest gainers in the marketplace. Cardano (ADA) just jumped another 10 percent in the last 24 hours and has been recording a daily increase like that for almost 7-days now.
Cardano Looks Real Good To Investors
Besides the fact that Cardano is just a small cryptocurrency, it has one of the best outlooks on the market. In just the last 24 hours, the price has gained from $0.208 to $0.230 with a market cap growth of more than $600 million. That is impressive and it will get the attention of investors all over the world.
The market cap value has almost doubled in the last 7-days, according to CoinMarketCap.com and that brings expectations that the momentum is going to carry the digital currency into the $0.30 – $0.35 range this week. Even though the virtual currency market is quite rocky right now, Cardano is considered one of the safest investments out there.
Cardano Gets Listed On Huobi Pro
Getting your cryptocurrency listed on a major exchange has to be one of the most important things on your to-do list. Other than having a great future road map planned out, being able to get bought and sold on a new exchange is likely to get you some attention.
The Huobi Pro international exchange just announced this week that it would be listing Cardano (ADA) and that is likely the main cause for the most recent 10% increase in price. Trading is due to commence tomorrow as investors from all over the world wait in line to get a piece of one of the best crypto coins on the market right now.