As nearly all crypto markets show signs of recovery, it is interesting to see what will happen for individual projects. While some currencies are off the chart right now, Cardano takes a more modest and manageable approach. A 6.4% Cardano price increase is nothing to sneeze at, although it seems the accumulation phase might not be over yet.
Cardano Price Moves up Slowly
Whereas most currencies are trying to note double-digit percentage gains over Bitcoin, Cardano is not necessarily too concerned with that particular trend. Although the altcoin benefits from Bitcoin’s rise in value like any other, it would seem the push is a lot slower and more deliberate. That in itself is an approach which will often yield great results over a longer period of time.
To put this in perspective, the Cardano price has risen by 6.4% in USD value and just 2.82% in BTC value. Because of these gains, one ADA is now priced at $0.043324, or 1,113 Satoshi. Although some traders may be dismayed by the lack of a genuine pump, uptrends like these should…