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#CARDANO​ #ADA #BITCOIN

How to trade CARDANO? ADA Technical Analysis & ADA Price Prediction February 2022

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The platform began development in 2015 and was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum and BitShares. According to Hoskinson, he had left Ethereum after a dispute over keeping Ethereum nonprofit. After leaving he co-founded IOHK, a blockchain engineering company, whose primary business is the development of Cardano, alongside the Cardano Foundation and Emurgo. The platform is named after Gerolamo Cardano and the cryptocurrency after Ada Lovelace.

The currency debuted with a market cap of $600 million. By the end of 2017, it had a market cap of $10 billion and reached a value of $33 billion briefly in 2018 before a general tightening of the crypto market dropped its value back to $10 billion. According to Mashable, Cardano claims that it overcomes existing problems in the crypto market: mainly that Bitcoin is too slow and inflexible, and that Ethereum is not safe or scalable. Cardano is considered a third-generation cryptocurrency by its creators.

Cardano is developed and designed by a team of academics and engineers.

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