Bitcoin
BTC$38 967.91

-7.44%

Ethereum
ETH$2 871.05

-8.60%

Tether
USDT$1.000160

-0.01%

Binance Coin
BNB$428.81

-7.90%

USD Coin
USDC$1.000296

-0.04%

Cardano
ADA$1.23

-8.69%

There are now 6710 Cardano millionaires following latest ADA surge


19 May 2021

#Cardano

The number of Cardano millionaires has gone up 1,2341.34% this year, according to Coin Metrics data. Cardano has rewarded its investors with significant gains this year, with a growing number of holders joining the coveted millionaires’ club following the latest ADA price surge.

Since the start of the year, the number of millionaire investors in ADA has increased more than 13-fold to 6,710 as of May 17, according to United Kingdom-based news agency Finbold. Using data from Coin Metrics, the agency determined that there were just 504 ADA addresses worth at least $1 million on Jan. 1.

The number of active ADA addresses also grew by 417.81% between Jan. 1 and April 28. ADA’s value has skyrocketed nearly 1,040% since the start of the year, up from $0.18 to $2.08 at the time of publication. The cryptocurrency peaked closer to $2.40 earlier in the week, setting multiple record highs in the process. As Cointelegraph recently reported, ADA has entered a new price discovery phase, which means further upside could be in store over the short term. The cryptocurrency now has a market capitalization of $66.1 billion, placing it in the fourth position among active projects. ADA has overtaken Dogecoin (DOGE), Tether (USDT) and XRP amid the latest rally.

Perhaps equally as important is the fact that ADA appears to be bucking the current crypto market downtrend. Over the past seven days, ADA has appreciated by 19%. By comparison, Bitcoin (BTC) has declined 22.6%, and Ether (ETH) is down 15.2%.

In addition to having one of the most dedicated cryptocurrency communities in the industry, Cardano is also benefiting from positive news from Input Out Hong Kong, or IOHK. The smart contract platform’s development arm recently explained that its forthcoming Alonzo upgrade is being gradually deployed to the mainnet in May and June. IOHK also recently partnered with the Ethiopian government to revamp the African nation’s education system. Under the partnership, IOHK will deploy its blockchain solutions across the country, with up to 5 million students potentially benefiting from the program.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 68.8% 62 $38 967.91 -7.44% -7.59% $737 892 869 372 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 65.6% 78 $2 871.05 -8.60% -11.22% $342 372 023 455 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $1.000160 -0.01% -0.02% $78 287 072 748 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 70% 56 $428.81 -7.90% -9.28% $70 802 974 684 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94% 1 $1.000296 -0.04% 0.05% $42 399 121 779 USDC 7 days price change
6 Cardano (ADA) ADA Cardano predictions 77.2% 49 $1.23 -8.69% -1.46% $41 378 123 412 ADA 7 days price change
7 Solana (SOL) SOL Solana predictions 60.4% 87 $123.51 -9.84% -13.96% $38 846 684 963 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 67.6% 59 $0.691874 -6.72% -9.81% $32 976 873 993 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 71.6% 58 $77.73 -5.70% -0.40% $27 703 412 550 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 75.6% 48 $22.45 -8.55% -14.69% $22 171 004 822 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 73.6% 50 $0.153961 -6.54% -20.35% $20 426 155 179 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 62.8% 77 $76.46 -9.87% -13.92% $18 683 659 839 AVAX 7 days price change
13 Binance USD (BUSD) BUSD Binance USD predictions 94.8% 1 $0.999181 -0.15% -0.05% $14 221 363 997 BUSD 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 68.8% 68 $0.000026 -7.57% -15.60% $14 165 186 561 SHIB 7 days price change
15 Polygon (MATIC) MATIC Polygon predictions 70% 64 $1.90 -8.89% -14.69% $14 121 576 857 MATIC 7 days price change

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