Coin Series(5/100)
The fifth highest coin by marketcap is Cardano ADA.
Cardano is a proof of stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
Cardano was founded by Charles Hoskinson, who was also one of the co-founders of the Ethereum network. He is the CEO of IOHK, the company that built Cardano’s blockchain.
Cardano is one of the biggest blockchains to successfully use a proof-of-stake consensus mechanism, which is less energy intensive than the proof-of-work algorithm relied upon by Bitcoin. Although the much larger Ethereum is going to be upgrading to PoS, this transition is only going to take place gradually.
There is a maximum supply of 45 billion ADA — but at the time of writing, there was a circulating supply of about 31 billion. Five rounds of public sales of Cardano tokens were held between September 2015 and January 2017. Cardano price during its pre-launch sale was $0.0024, which represents an over 1000x return, given Cardano price now.
Main Data :
Market Price(May 27,2022) - $0.4625
ATH-$3.10
Market Cap -$20,847,924,296.15
Total Supply-34,277,702,082
Max supply-45,000,000,000
Circulating Supply- 33,740,000,000
Since this more has many more to yet coming ,this could be one most of the shining projects onwards. Many more NFTs , tokens and dapps will be a part of projects in nea futures.
This could be one of the most profolic coin in near futures .
