Cardano [ADA], Ontology [ONT], & EOS Price Rise

Altcoin Updates

The cryptocurrency market is mostly in the green today, sitting above $260 billion. For the past two weeks, the market hasn’t broken over $300 billion. There hasn’t been major news this week regarding regulation or moves in the market, but some positive things have occurred.

Bittrex, a major cryptocurrency exchange based in Seattle, just announced that it is taking new customers again.

Richard Kim, a Goldman Sachs top exec, is leaving the company and will be appointed COO at the cryptocurrency merchant bank Galaxy Digital.

Announcements such as these within the cryptocurrency space can positively affect coin price, as it gives investors increased confidence.

Cardano (ADA)

At press time, ADA is trading at $0.155 a coin, up 3.43%, in just 24 hours.

Cardano’s SL main net was launched back in late September 2017 but each one of its next updates and progress can be viewed transparently on the main Cardano website. The team behind the project releases weekly technical reports to keep you up to speed with its developments – they can be viewed here.

Cardano’s founder, Charles Hoskinson, also releases updates via his own personal blog, as well as the Cardano forum.

While ADA, may have been one of the coins that have taken the biggest price hit since the beginning of 2018, Cardano is still in its beginning stages.

Ontology [ONT]

At the time of reporting, ONT is one of the biggest leaders of the day when considering percentage gains – it is trading at $4.28 a coin, up 20.15%. As you can see from the chart below, ONT has been on a different trajectory than most coins since the start of the year. Year-to-date, the coin is up 140% and currently sits as the 21st largest cryptocurrency by market cap.

ONT was just listed on CoinEgg but its trading will begin April 11th 7:00 UTC. If you’d like to read more about the project and what it does, click the link below.

>> Ontology Take Off

EOS

At press time, EOS is trading at $6.06 a coin, up 3.45%, in 24 hours. The coin is currently sitting at the 6th spot, with a current market cap of $4.7 billion.

EOS IO Dawn 3.0 launched five days ago and the project’s main net is set to launch in June of this year. Many major developers in the crypto space think EOS could overtake Ethereum by the end of this year. We shall see.

>> Cardano vs. EOS

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