NEW!Incredible offer for our exclusive subscribers! Read More

New Cardano Accelerator Has Surged 40,000% Since Launch

1 Mins read

A Cardano (ADA) launchpad is skyrocketing in price ahead of smart contract integration on the long-awaited blockchain.

Cardano project accelerator CardStarter (CARDS) is up over 40,000% since launching in mid-April, catapulting from a price of $0.15 at launch to a high of $60.70 on May 11th.

CARDS has retraced since and is trading at $54.19 at time of writing, with a daily trading volume of $10.91 million.

CardStarter offers projects building on Cardano the option to crowdsource early funding from a community of donors on its platform. CARDS holders are guaranteed early allocation to vetted projects that utilize the CardStarter platform.

Similar products exist on other smart contract protocols such as token launchpad DuckSTARTER on Ethereum (ETH) and launchpad BSCPAD on Binance Smart Chain (BSC).

CardStarter is growing fast, ballooning into a $100 million market cap in about a month and a half, according to CoinGecko.

In April, the team behind Cardano, IOHK (Input Output Hong Kong), announced that smart contract functionality, currently a roadblock to deploying projects on Cardano, will launch this August on the blockchain.

Cardano’s ADA token hit an all-time high this week, surpassing the $2.00 mark for the first time. At the time of writing, ADA is valued at $2.14 up 14% in the last 24 hours.

Related posts
AltcoinsBTCCryptoETHMiningOther protects your money

1 Mins read, it is at the forefront of the cryptocurrency industry By analyst For instance, it is at the forefront of the cryptocurrency industry…

Will Cardano Lose This Critical Support? Here’s the Next Bearish Target (ADA Price Analysis)

1 Mins read
Cardano’s price continues its downtrend and seems about to fall below a critical support level that may take ADA below 40 cents. Key Support levels: $0.42, $0.38    Key Resistance levels: $0.47, $0.50  Buyers have failed to stop the downtrend and ADA is facing a critical level. If sellers manage to break below $0.42 and

Exycrypt Exchange Moves to the Next Level

2 Mins read
A subsidiary of the Exycrypt cryptocurrency exchange called HBIT. Inc has received its Money Services Business (MSB) license. From the United States…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *