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Stellar (XLM) Faces No Real Competition While Ethereum (ETH), EOS (EOS) And Cardano (ADA) Fight For The Throne

Stellar (XLM) is a unique cryptocurrency as it has no ‘real competition’. Some might consider Ripple (XRP) to be its rival, but that is simply not true. Ripple is a cross border payments platform that empowers financial institutions whereas Stellar (XLM) is a peer to peer payments platform, cutting the middle man and allowing users to exchange value without third party involvement. In addition to that, Stellar (XLM) is also a smart contracts platform for ICOs. Recently conducted Mobius ICO on Stellar (XLM) was the first of its kind and turned out to be a big success. While Ethereum (ETH),...

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Cardano Flies Into June, Weekly Report Looks Promising

Cardano has thus far seen some positive movements going into June. Granted, today Cardano has been subject to some correction, however, given the positivity experienced through the first days of June and through a very in-depth weekly report from the team, we expect Cardano to join a positive trajectory once again, soon enough. At the time of writing, Cardano is valued at $0.218, down 6.88%. Since the end of May, Cardano has moved upwards from $0.17, through to $0.22 and a height of $0.233 as seen yesterday (3rd June 2018). This current downwards momentum is backpedalling some of Cardano’s recent...

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Why Is Cardano (ADA) The Seventh Largest Coin By Market Cap?

Cardano (ADA) is a smart contracts platform just like its competitors, Ethereum (ETH) and EOS (EOS) but with more focus on freedom and innovation. It is an open source decentralized blockchain designed to allow Dapps to be built on the platform and to promote exchange and coordination among other blockchains. This brilliant project is the brainchild of Charles Hoskinson, CEO of IOHK. So, Cardano (ADA) is just another platform like Ethereum (ETH) or EOS (EOS) but does it deserve to be the seventh largest coin with a market cap of over $5 Billion? The answer to that question is a...

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Cardano TestNet Launch Could See Cardano Skyrocket

Yesterday saw the launch of the new Cardano, smart contracts TestNet. This launch has delivered some much sought after value to the Cardano currency and moreover, provides the team with some great news, as Cardano enters a new month. Overall, with markets on the decline, cryptocurrencies are seeing diminishing values of late, Cardano at present does seem to be the exception to this, making terrific ground against the overall negative grain. This is good news and at least gives Cardano a bit of damage control. We can’t expect this trend within Cardano to continue forever, ultimately, the value of Cardano...

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