Cardano is ranked at #12, above UNUS SED LEO but below Monero on coinmarketcap. The price jumped up by 0.15% in the course of the past 24-hours. The trading volume recorded is $48.419 million, while the supply has 25,927,070,538 ADA coins in play. As of this moment, the total market cap of Cardano is $1.272 billion. ADA is priced at $0.049077 for now.
And yes I still am planning on making an announcement at the end of August
— Charles Hoskinson (@IOHK_Charles) August 27, 2019
Charles was the guiding force behind Input Output Hong Kong. He is an Ethereum co-founder, who wishes to revolutionize blockchain technology after Shelley is fully implemented. However, some people still doubt his credibility, as his posts have been likened to those by Justin Sun, the founder of TRON.
The present CEO of Ripple, Brad Garlinghouse, took to Twitter to express his wrath over the FUD circling around Ripple. He spoke of XRP being sold off in large amounts and the funds linked to various other ventures. Lastly, Brad clarified that XRP is a utility, not a security token [the SEC are currently investigating XRP’s nature in the market].
2/ XRP sales are about helping expand XRP’s utility – building RippleNet & supporting other biz building w/XRP ie Dharma & Forte. Reality is we DECREASED our sales by volume Q/Q and since then the inflation rate of XRP circulating supply has been lower than that of BTC and ETH.
— Brad Garlinghouse (@bgarlinghouse) August 27, 2019
XRP has been one of the poorest performers amongst the top 10 projects listed on coinmarketcap. Brad claims that transparency remains a goal for the XRP community and that it has set new standards in a span of a couple of years. He didn’t mention the periodic dump which is still ongoing i.e. money that goes straight into his pocket. Garlinghouse’s remarks still remain vague with regards to the pre-mined supply.