October 28, 2021

Cardano (ADA) and Polygon (MATIC) trading at an all-time high

cardano

cardano

Cardano (ADA) and Polygon (Matic) trading at an all-time high. Cardano the Top 10 Cryptocurrency as per market cap is trading at an all-time high. The cryptocurrency has been a talk of the town for some time now and is growing at an impressive speed. While there are some shit coins and other pump and dump schemes. There Crypto’s like Cardano, Bitcoin, Ethereum, Polkadot, Link, etc. which are based on the use case scenario.

Cardano (ADA)

Cardano ADA is up more than 35+% and is still trading in green. At the time of writing the Coin is trading at $2.26 on Binance and ₹139,500 on WazirX. Cardano is a proof-of-stake blockchain platform. the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies.

Polygon (MATIC)

MATIC
MATIC

Polygon (MATIC) is up at a whooping 120+% in the past 7 days. MATIC’s vision is to make the ecosystem more Scalable and instant blockchain transactions. The immense gas fees and block time are some concerns that MATIC looks to overcome. MATIC’s primary objective has always been about building Ethereum scaling architecture. Operating for several years as the MATIC Network, it accomplished this with its PoS chain and plasma sidechain scaling solution.30-Apr-2021.

Cardano (ADA) is now sitting at no. 4 above XRP and Dogecoin. Polygon (MATIC) is at No.19. The ranking is according to the Market cap and as per Coingecko Stats. This increase is sustainable as these are some very good projects. However, you should always learn and invest rather than relying on any information. But again, there are Sites like Coingecko, CoinmarketCap where you can get some detailed Stats.

Trending Cryptocurrencies

There are some small-cap Cryptocurrencies like SAFEMOON and SHIB which are trending. SHIB has been in news due to Vitalik and SAFEMOON is build around Tokenomics. SAFEMOON promotes investors to hold the currency and rewards the investors who hold them. Bitcoin and Ethereum are up a few % after a major crash.

There are a lot of cryptocurrencies that may come and go, investors need to trade with caution. However, there is still time for many projects to prove their worth. Many countries are forming a framework on the Crypto ecosystem, but India seems to be still wondering. We may see something by this year, however, you need to always analyze and invest.

If you have any questions or suggestions do share with us. Do you hold any of the Coins/tokens mentioned here? Do let us know in the comments. If you are planning to start investing do check out Binance and WazirX.

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