Despite the severe volatility that enriched currency markets over the course of May, there is little encrypted assets that have maintained and did not decline in the same violent landing, which landed in other currencies, which has increased confidence among investors who have listed centers in that currency.
According to Arab Net, the Cardano currency rose or called for its third-generation currency, about 17% as Petquin recorded one of the worst months in May after losing about 40% of its market value, according to Investing data and Arab accounts.
The vast majority of the rest of the assets encrypted in volatility last month, including Dodge Queen, which is the currency polluted by USA. >
What is Cardano?
A group of engineers began to develop the currency for the first time in 2015 depending on the Chen's Block technology, with the use of new algorithms make it safer, before the official trading begins after two years later to begin the encrypted currency flight from continuous boarding journey.
One level of 20 cents last year, Cardano is currently hovering around its highest level at $ 1.4 by 810% and a market value exceeding $ 50 billion according to COIN DESK data, which also suggests that the total supply of currency is currently 32 billion pieces Only.
The currency exceeds many problems suffering from other encrypted currencies. In particular, the Bloomberg's previous report refers to scarcity of frauds using the currency, with adoption of advanced technology that makes it very difficult to use.
Front Race
However, one of the greatest difficulties facing Cardano is the fierce competition in encrypted currency markets, with the launch of similar projects for the currency and work on its development, a task of continuing to rise during the coming period. Up to $ 3 levels by 2025.
The pace of landing or the climb enjoyed by Cardano is far from the violent fluctuations of assets in general, at a time when the currency encrypted to use less energy in mining, makes many people accept at a time of the amount of 45 billion Cardano, That is, the remaining 13 billion Cardano.
This is an obstacle to the future of the bullish path, given the large supply, compared with encrypted currencies, to remain an investment at any encrypted origin is risky but often risking investors do not feel ...
