For today, Cardano crypto is making up $16.62 along with a market capitalization of $715,892,522. During the first three hours, the price of the token has changed from $2.34 moving upwards on the chart to $2.43, making a 3% increase. Today, crypto has reached its peak at $2.45 with the lowest point at $2.33. Currently, Cardano Market Cap Rank is #3. It has a circulating supply of 32,066,390,668 when the total supply was 45,000,000,000. Such changes in the prices could be related to the recent news from Cordano that on the night of 13 September, the Alonzo update was successfully integrated into Cardano’s main network.
Moreover, Revuto launches a $2M fund targeting Pre-ICO companies running on Cardano along with the recent transaction worth more than $17 million was made by a stranger whose wallet equaled 7.5 million Cardano tokens. In the long term, Cardano has the potential to rise in price by 3-5 times as the head of the Cardano Foundation, Frederick Gregaard said that as early as 2026, three Fortune 500 companies (the world’s largest companies in terms of revenue) will start using the Cardano cryptocurrency, and the Cardano Foundation will partner with about 50 banks.
Weekend Contributor.
Writing for business and finance publishers has become his passion over the last decades after he completed a master’s degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.
