Cardano joins crypto’s creative destruction loop

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Upstarts like Cardano may help cryptocurrencies deliver riches, even if today’s investors lose their shirts, writes johnsfoley.

Cardano, a public blockchain platform, saw its virtual currency ADA hit a record price of $3 on Sept. 1.

That gave it a total valuation of $96 billion, according to Coinbase, making it the third-biggest cryptocurrency after bitcoin and ether.Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021.

Source: Digital Coin News (digitalcoinnews.net)

 

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