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Forbes: Cardano (ADA) Price Leaps 117% In 22 Hours!

The "Ethereum of Japan" just leapt past IOTA to become the #6 largest cryptocurrency in the world with a new market cap of $10.4B.

For those who haven't been keeping up with the markets, the past few weeks have been a major boom for cryptocurrencies. First Bitcoin cracked $10K, then flew past it to $15K, now maintaining at $19K after the launch of bitcoin futures trading on CboeLitecoin grew 333 percent in just five days, then Ripple surged 84 percent in a day, and then TRON surged 500 percent over the course of a week—and has grown an additional 110 percent since the time of that writing.

Today, another coin made major market moves: ADA coin.

What is ADA?

ADA is the coin of Cardano, and while ADA might seem like it's appearing out of thin air to those who are just getting started with Bitcoin or Litecoin, Cardano has actually been around since 2015. It's a decentralized, fully open-source blockchain project that extends beyond ADA. It's was established by Charles Hoskinson, a co-founder of Ethereum, when he partnered with the Cardano Foundation.

Source:
https://www.forbes.com/sites/jessedamiani/2017/12/16/crypto-watch-cardano-ada-price-leaps-117-in-22-hours-surging-past-iota-with-10-4b-market-cap/#5d0bdd198abe

 

Anyone can start trading ADA (Cardano) at the major Binance Exchange