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Cardano (ADA) price catches no fire despite significant recent strides

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Being in the top to cryptocurrencies list for quite some time now, Cardano (ADA) is one of the top crypto-coins today. Over a year ago, the blockchain project launched a development tool to ease the accessibility of ADA Dapps to its users.

The team behind Cardano has shown dexterity and hard work ever since the digital asset was introduced. Cardano is currently increasing the pace of its mass adoption as it is one of the favorite cryptocurrency today, and there are a number of good reasons behind that.

On Oct 1, IOHK (Input-Output Hong Kong) stated the release of RUST SDK. It has also launched Yoroi Wallet and Cryptocard before its MainNet goes live.

There are no doubts that these recent developments and projects by Cardano will mark a new beginning as these would increase the attraction of different FinTech companies towards the crypto around the world.

Cardano’s Rust SDK

Ever since the creation of Cardano (ADA), it is poised to foster the creation of Dapps. Cardano was created by IOHK which is owned by Charles Hoskinson, who is also the co-founder of Ethereum. It is important to know that Cardano also uses a peer-review system to help in the development of new projects on its platform.

Cardano’s Rust SDK is a production of Mozilla. It is also an open-source library that works well with Haskell to help Dapps developers create Dapps on Cardano’s platform. This project gives developers lots of exciting options to create Dapps well-suited for mobile devices. Dapps developers who make use of Rust SDK will have much flexibility and efficiency while creating Dapps as it also offers data analyzing and block querying.

Cardano’s Yoroi Wallet

Another recent project by Cardano is the creation of a light-weight wallet known as Yoroi Wallet. The Yoroi Wallet is a secure wallet that helps to secure ADA tokens. The wallet also comes with low bandwidth use; it also functions like a Chrome extension.

Cardano Enters the Cryptocurrency Debit Market by Launching Crypto-card

As part of its quest to remain a leading digital asset to reckon with, Cardano has decided to partner with Mataps to create prepaid crypto-cards for Cardano users to buy goods from stores in partnership with Cardano.

Thanks to the recent alliance, Cardano users can now have the opportunity to have plastic cards – just like ATM cards, to use their ADA tokens more easily.

Overall, these new strides by Cardano are superb developments, but more so, they haven’t affected the price of ADA positively in the market yet, since, at the time of publication, the price of ADA is still trading at $0.080 after seeing a decrease of 3.60% in the last 24 hours.

But the current dip might be because of market trends as almost all the top virtual coins are flirting with red at the moment. Indeed, only the time will tell how far Cardano goes, but the blockchain is undoubtedly making some good move lately. Way to go ADA.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of LaughingRaven/Pixabay

Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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