Cardano (ADA) reacted pretty great to the latest Bitcoin bull run, and it had its own run as well. The crypto started July at $0.134, and since then, it’s been continually rising, going all the way up to $0.166.
Now, it’s currently trading at $0.151940on CoinMarketCap, and ADA is still in the green. ADA is now more than 23% up compared to the past week, and this makes the coin the biggest gainer among the top 10 coins.
ADA/USD will probably maintain its positive trend upwards with a critical support line sitting at the previous resistance of $0.145. Charles Hoskinson, the creator of Cardano and IOHK which is the foundation that’s in charge of ADA, has been making headlines lately.
The alleged partnership between Cardano and Tron that everyone was looking forward to will probably not be discussed between the two teams in the near future even if Hoskinson offered Justin Sun a piece of Cardano’s codebase for his project. Here’s what Hoskinson tweeted recently: Users appreciated his announcement.
“Cardano team doesn’t want to create FuD to manipulate price like others. They had a clear vision, it takes time, but they will reach as soon as possible,” someone replied. Read more from oracletimes.com…
thumbnail courtesy of oracletimes.com