Cardano ADA Promotes a Market-wide Rally With 18% Surge and Counting. At the time of writing, the price of the ADA token was $0.092867. It was up by 17.69% against the USD and up by 19.06% against Bitcoin BTC.
The trading volume over 24 hours was $777,971,138 and the market capitalization was $2,889,309,087. The token started rising after it touched the $0.0800 support.
The token has been moving higher since then and it has dragged the rest of the market along this bullish lane. Bitcoin BTC is trading at $10,603.97. It is up by 2.51% against the USD and up by 3.71% against Bitcoin BTC. The same thing can be said about Ethereum ETH and other altcoins.
The current bullish pressure against the USD is great and much needed since all tokens have had a rough September. It’s not clear why Cardano ADA and the other tokens are surging at this time.
Moonstake isn’t the only wallet that has recently added support for the XRP token. It is an advanced tech firm that is dedicated to blockchain technologies and aims at building the biggest staking network in Asia. They intend to meet the ever-growing demand in Asia and the Moonstake mobile wallet is just one of many other products they offer. They offer staking for Cosmos, IRISnet, Ontology, Harmony, Tezos, QTUM with plans to add more products in the future.
With Moonstake, you don’t need to switch from one wallet to the other when you want to change functions. You can do everything you want from a single wallet including transferring ADA tokens directly from your Daedalus wallet. There are details about how to stake the ADA token on the Moonstake mobile wallet on their official website if you need more information.
Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.
- Moonstake Mobile Wallet Has Added Support for the Cardano ADA Token Following Major Update
- Cardano ADA Has Surged by More than 19% in Less Than 24 Hours Leading the Cryptocurrency Market-wide Correction
Cardano ADA has been added to the Moonstake Mobile Wallet. This announcement comes shortly after the wallet allowed support for the Cardano staking project. With the mobile wallet compatibility, staking ADA will be more flexible for registered users. They can also send and receive ADA tokens through the Moonstake mobile wallet.
The news about the Cardano ADA compatibility comes shortly after the latest upgrade on the Moonstake Mobile Wallet that added more functionality and better user experience. At the same time, the Cardano ADA token is finally making some progress today as it has recorded an 18% surge in price in less than 15 hours of trading.
