{"id":469028,"date":"2021-08-11T17:00:09","date_gmt":"2021-08-11T17:00:09","guid":{"rendered":"https:\/\/uniquehot.com\/?p=469028"},"modified":"2024-06-11T13:57:37","modified_gmt":"2024-06-11T13:57:37","slug":"cardano-2-20-possible-again","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/cardano\/cardano-2-20-possible-again\/","title":{"rendered":"Cardano (ADA) Records 13% Price Gains In 24 Hours, Is $2.20 Possible Again?"},"content":{"rendered":"

Cardano’s (ADA) price has made a splash on the charts this week. The asset\u2019s success lately can be attributed to the growing interest in the upgrade that would see smart contracts be a reality on the blockchain. Cardano\u2019s (ADA) price has also followed the run-up that the market has experienced lately. Sentiments across the crypto market continue to skew towards buy and Cardano (ADA) is not getting left out of the bull rally.<\/p>\n

The asset\u2019s price had been struggling lately as momentum had slowed down. But the successful Alonzo White Hard Fork<\/a> had brought some much-needed faith back into the asset. Prices have been unpredictable for a while. A small uptrend in the price put ADA in the $1.5 price range. The movement continued to remain low following this.<\/p>\n

Related Reading |\u00a0Why A Shocking Altcoin Season Could Be On The Horizon<\/a><\/strong><\/em><\/p>\n

Furthermore, this was a welcome change from the $1.05 price point that the digital asset price had hit towards the end of July. This weekend showed small recoveries in the price of ADA. But the real movement has taken place in the past 24 hours. Putting ADA\u2019s price at a point it has not seen in over two months.<\/p>\n

Cardano (ADA) Gets Listed In Japan<\/h2>\n

Cardano (ADA) recently received approval to be listed in Japan early this month. The approval is considered to be one of the hardest listing approvals to get in the crypto market. Opening up the Cardano (ADA) market to over 100 million people who were previously unable to access this asset.<\/p>\n

Cardano (ADA) checked all of the boxes required to be listed in Japan, a country that takes its cryptocurrency laws very seriously. Only a handful of cryptocurrencies have been approved to be listed on exchanges in Japan, including Bitcoin and Ethereum.<\/p>\n

Related Reading |\u00a0Cardano (ADA) Receives Approval To Be Listed In Japan<\/a><\/strong><\/em><\/p>\n

This listing put the digital asset on track to grow in value given the number of potential investors that this meant for the project. At the time of listing, the digital asset had not reacted much to the news. Probably owing to the decreased momentum in the crypto market at that point. Now, the broader market seems to be catching up with ADA.<\/p>\n

Run-Up To $2.20 Imminent?<\/h2>\n

The current run-up puts the price of Cardano (ADA) on a track to a complete bull run leading to a new all-time high price. Continuous upwards movement shows that the rally is not losing steam at any time soon. Dips following the increase in price have been tiny, which have in turn led to an even higher price movement upwards.<\/p>\n

\"Cardano<\/p>\n

ADA price moves breaks $1.70 | Source: ADAUSD on TradingView.com<\/a><\/pre>\n
Indicators continue to point to major bullish sentiment surrounding the asset. An asset that has over 70% of its entire circulating supply staked ahead of the upgrade that brings smart contracts to the network. Investors remain faithful as hold sentiments continue to climb across the community.<\/p>\n
Cardano (ADA) is currently trading at $1.7842 at the time of this writing, moving closer to $2.0. The market cap currently sits at $57 billion, up 13% in the past 24 hours, with a fully diluted market cap of $80 billion.<\/p>\n
Featured image from Fintechs.fi, chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
Cardano’s (ADA) price has made a splash on the charts this week. The asset\u2019s success lately can be attributed to the growing interest in the upgrade that would see smart contracts be a reality on the blockchain. Cardano\u2019s (ADA) price has also followed the run-up that the market has experienced lately. Sentiments across the crypto market continue to skew towards buy and Cardano (ADA) is not getting left out of the bull rally. The asset\u2019s price had been struggling lately as momentum had slowed down. But the successful Alonzo White Hard Fork had brought some much-needed faith back into the asset. Prices have been unpredictable for a while. A small uptrend in the price put ADA in the $1.5 price range. The movement continued to remain low following this. Related Reading |\u00a0Why A Shocking Altcoin Season Could Be On The Horizon Furthermore, this was a welcome change from the $1.05 price point that the digital asset price had hit towards the end of July. This weekend showed small recoveries in the price of ADA. But the real movement has taken place in the past 24 hours. Putting ADA\u2019s price at a point it has not seen in over two months. Cardano (ADA) Gets Listed In Japan Cardano (ADA) recently received approval to be listed in Japan early this month. The approval is considered to be one of the hardest listing approvals to get in the crypto market. Opening up the Cardano (ADA) market to over 100 million people who were previously unable to access this asset. Cardano (ADA) checked all of the boxes required to be listed in Japan, a country that takes its cryptocurrency laws very seriously. Only a handful of cryptocurrencies have been approved to be listed on exchanges in Japan, including Bitcoin and Ethereum. Related Reading |\u00a0Cardano (ADA) Receives Approval To Be Listed In Japan This listing put the digital asset on track to grow in value given the number of potential investors that this meant for the project. At the time of listing, the digital asset had not reacted much to the news. Probably owing to the decreased momentum in the crypto market at that point. Now, the broader market seems to be catching up with ADA. Run-Up To $2.20 Imminent? The current run-up puts the price of Cardano (ADA) on a track to a complete bull run leading to a new all-time high price. Continuous upwards movement shows that the rally is not losing steam at any time soon. Dips following the increase in price have been tiny, which have in turn led to an even higher price movement upwards. ADA price moves breaks $1.70 | Source: ADAUSD on TradingView.com Indicators continue to point to major bullish sentiment surrounding the asset. An asset that has over 70% of its entire circulating supply staked ahead of the upgrade that brings smart contracts to the network. Investors remain faithful as hold sentiments continue to climb across the community. Cardano (ADA) is currently trading at $1.7842 at the time of this writing, moving closer to $2.0. The market cap currently sits at $57 billion, up 13% in the past 24 hours, with a fully diluted market cap of $80 billion. Featured image from Fintechs.fi, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":469029,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,84005,14643,79508,12332],"class_list":["post-469028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-price","tag-adausd","tag-adausdt","tag-cardano"],"acf":[],"yoast_head":"\nCardano (ADA) Records 13% Price Gains In 24 Hours, Is $2.20 Possible Again?<\/title>\n<meta name=\"description\" content=\"Cardano's (ADA) price has made a splash on the charts this week. 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With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/uniquehot.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano (ADA) Records 13% Price Gains In 24 Hours, Is $2.20 Possible Again?","url":"http:\/\/uniquehot.com\/news\/cardano\/cardano-2-20-possible-again\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/cardano\/cardano-2-20-possible-again\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/08\/ada-bull.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/08\/ada-bull.jpeg?fit=640%2C360"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","ada price","adausd","adausdt","cardano"],"dateCreated":"2021-08-11T17:00:09Z","datePublished":"2021-08-11T17:00:09Z","dateModified":"2024-06-11T13:57:37Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano (ADA) Records 13% Price Gains In 24 Hours, Is $2.20 Possible Again?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/cardano-2-20-possible-again\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/cardano-2-20-possible-again\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/ada-bull.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/ada-bull.jpeg?fit=640%2C360\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"ada price\",\"adausd\",\"adausdt\",\"cardano\"],\"dateCreated\":\"2021-08-11T17:00:09Z\",\"datePublished\":\"2021-08-11T17:00:09Z\",\"dateModified\":\"2024-06-11T13:57:37Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/08\/ada-bull.jpeg?fit=640%2C360","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/469028"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=469028"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/469028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/469029"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=469028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=469028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=469028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}