What kind of currency is ada coin (what is ada currency)?

Ada coin, according to cryptoglobe news, is a blockchain-based digital currency

What kind of currency is ada coin (what is ada currency)?

Ada coin, according to cryptoglobe news, is a blockchain-based digital currency. According to Coinmarketcap data, among the top 16 cryptocurrencies with the highest market value in the past 30 days, the most popular ones are Bitcoin, followed by Ethereum. The third largest cryptocurrency, XRP, has dropped by more than 50%. What kind of currency is ada coin? It is a decentralized cryptographic asset network supported by a wallet called “Stake.io”. This wallet currently holds ADA tokens in six different addresses, including all 1 million ADA issued on January 13 and 10 million ADA set to circulate on December 8. These wallets are controlled by the community users, without any incidents of lost or stolen private keys.Ada coin, what is it (what is ada currency)?According to cryptoglobe news, what is ada currency? According to the ADA official website, its token is called “ADA”, with the full name Adacred.According to Coinmarketcap data, ADA currently has a market value of about $400 million, ranking 11th in the global cryptocurrency market. However, the team behind ADA consists of former Goldman Sachs traders and software developers, mainly engaged in blockchain project operations. This team has invested in an Ethereum foundation and launched a past decentralized node network.

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