PrimeXBT Lists Cardano Following Alonzo Hard Fork And Smart Contract Update
September 15 2021 - 2:08PM
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Over the last several weeks, the peer-reviewed blockchain Cardano
and its native crypto asset ADA have been on an absolute tear,
adding to a year-to-date rally of more than 1,000% ROI. From Black
Thursday 2020 lows of around two pennies, the now third-ranked
cryptocurrency by market cap trades for $2 apiece, highlighting a
monster 18,000% surge from the bottom. Now, PrimeXBT traders can
get a piece of the action with Cardano as part of seven new crypto
assets that were listed as part of the latest update from the
company. PrimeXBT Lists Cardano, Solana, Polkadot, Chainlink, XRP,
Uniswap, And Dogecoin According to a blog post from the
award-winning PrimeXBT via the company’s official blog, seven new
altcoins and a variety of trading pairs have been added to the
platform’s already staggering lineup of digital and traditional
assets. Few platforms offer forex, commodities, stock indices, and
more next to cryptocurrencies, and never this many crypto assets on
a single platform with so much else under just one roof. And now,
there’s even more. The update to the growing lineup includes
Dogecoin, Solana, XRP, Uniswap, Polkadot, Chainlink, and, as we
mentioned, Cardano. Each altcoin trades at up to 1:20 leverage
using BTC, ETH, USDT, and USDC margin accounts or at up to 1:10 for
Covesting strategy managers, who now can access more profits than
ever before with the new listing of Cardano. “Ethereum
Killers” And Why Cardano Is One To Watch Cardano is worthy of a
separate callout because it leads the charge of rapidly growing
altcoin market share. Cardano was once ranked around tenth or lower
in the top cryptocurrencies by market cap, while today, it is
number three, right behind only Ethereum and Bitcoin. Cardano is
the most environmentally sustainable proof-of-stake blockchain, as
well as the first peer-reviewed blockchain based on real-world
evidence and evidence-based methods. It is said to be the
blockchain for “changemakers, innovators, and visionaries” and is
among the Ethereum killers gunning for the number two spot.
Although it competes directly with Ethereum, Plutus smart contracts
have only just been deployed following the Alonzo hard fork.
Looking ahead, the Cardano Summit 2021 runs September 25 and 26,
which could lead to more positive fundamental news for the
cryptocurrency project founded by Charles Hoskinson. The debut of
Cardano’s Plutus scripts will allow dapps to run and for DeFi to
blossom on the platform. Developer Input Output reminded the
Cardano community that there could be “bumps in the road.” However,
the crypto community remains bullish on the altcoin, with price
targets reaching as high as $10 per coin. ADA Trading Pairs Now
Live At PrimeXBT At only $2 per ADA currently, going long on the
ADAUSD or ADABTC trading pairs recently added by PrimeXBT to the
price predictions above could be a trade of a lifetime. If markets
turn bearish and those targets aren’t reached before the next
downtrend, PrimeXBT lets traders short these trading pairs as
well. Alongside record-smashing assets like Cardano, PrimeXBT
has also listed Dogecoin, Polkadot, Chainlink, XRP, Uniswap, and
Solana, joining Bitcoin and Ethereum Litecoin, forex currencies,
stock indices, commodities, and much more available from a single
account. Never has there been an opportunity for such portfolio
diversification under one roof. The multi-asset margin
trading platform also offers built-in charting tools, personalized
service with dedicated account managers, the highest level of asset
protection, advanced order types, Covesting copy trading module and
several other advantages and features designed for novices and
professionals alike. As part of constant innovation, the Covesting
Yield Account system is due to be released next with the new asset
listing now in the rear view. Within the next several weeks, the
APY-generating tool will go live. Don’t miss it, the new assets, or
whatever the award-winning platform comes up with next.
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