CryptocurrencyMay 23, 2021 04:00AM ET
Cardano (ADA) Flips Binance Coin (BNB) to Take Fourth Spot
- flips Binance to claim the crypto 4th place.
- Cardano also attained a new ATH amid last week’s price shake down.
- Also, Cardano just recorded 1 million wallets.
Cardano has flipped Binance Coin (BNB) to claim the crypto fourth place. Also, Cardano (ADA) attained a new all-time high (ATH) despite the market shakedown last week.
In fact, Cardano was down 33.1% over the last week and fell 40.9% in total from its May 16 $2.25 ATH. In comparison, BNB declined 47.7% in the same timeframe causing the crypto to lose ground to ADA.
Notably, Cardano achieved these milestones in the midst of a crypto market-wide slump. For instance, the entire crypto market fell by over 30%. At the same time, price fell to just above $33,000, the crypto’s lowest price since February.
For this reason, ADA’s recent performance is all the more impressive. The bullish altcoin continues to thrill fans by breaking records and through its development.
In fact, th…
This article was first published on coinquora.com
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.