Strong Altcoin Capturing 20 Percent Rally Placed in the Top 10!
Cardano has been one of the best performing crypto coins in recent days. For about a month, with the expectations of where the prices are going, cryptocurrency has experienced a good price increase.During the weekend, the digital asset increased more than 20%. This rally happened when the digital asset broke its direction above $ 0.082.
Arriving at the weekend, Cardano is trading just above $ 0.064 and was in the range of $ 0.052 earlier this week.With the price increases experienced at the weekend, Cardano took the tenth place and pushed Tezos to the eleventh place. At the time of writing, Cardano’s market cap is at $ 2.1 billion.
The bulls seem ready to break the $ 0.1 resistance before they face big resistance and retreat. But withdrawing means taking a breath.Cardano is getting ready to earn more with investors who trust the project more than ever.The most recent price hike started when Charles Hoskinson announced the launch date of Shelley Mainnet. This launch continues for years with meticulous planning and development. Thanks to these developments, the Cardano team led by Charles Hoskinson made clear, clear updates and was received with numerous accolades by Weiss Ratings.
The company rated the latest project as “Excellent”. Investors are now waiting for the most technologically advanced financial platform.As we reported, Charles has already announced the expected date with the full launch starting on June 31 and adjustments made throughout July.
Altcoin Season: Cardano or Ethereum?
It is clear that the current Cardano pump movement is just the beginning of a FOMO purchase, weeks before the full version. The weeks and days leading to the full version of the network are expected to be filled with purchase orders and HODLing, which will increase prices.The more popular Ethereum is also about to release Ethereum 2.0. Now, Cardano shifts gear and means fuel for Shelley Mainnet’s released prices.The performances are realized especially with the recent pause of Bitcoin. While some Bitcoin traders are searching for altcoins to take positions, Bitcoin continues to trade a number of trades. While many will choose Ethereum as their final performance and price stability, Cardano will be the second, if not the first option for a large number of investors.