When it comes to being at the top, a few tokens faired better than the rest. ADA, which is ranked at #10 right now, overcame Stellar and took over the new position. Cardano has gone up by 12.47% in terms of value in the last 24 hours. Will this bullish pressure continue for a while or will the altcoins succumb yet again? At present, the value of ADA is at $0.0935.
The reason for the climb may be attributed to this event:
Yesterday Charles Hoskinson attended the Nikkei Global Digital Summit, together with representatives from SBI Ripple Asia, Origami and MoneyForward.Fintech leaders called for regulations to foster a cashless society. Read it here https://t.co/GHWXcFhGJz #Cardano #blockchain #IOHK
— Cardano Community (@Cardano) June 12, 2019
Now TRON has to try and beat Stellar if they wish to be included in the top 10 list. Sun had promised users that TRX and BTT will end up at the top soon enough. It’s time to see if his words had any value.
Litecoin was also a big winner of the bullish uptrend that was seen in the market. Its value incremented by 9.02% in a span of 24 hours and LTC is currently priced at $138.50. It is 55 days till the Litecoin halving event which might be fuelling this growth.