The fast-rising valuable crypto asset received a fresh wave of a buying spree, seeing its price post a new all-time high of $1.29.
Cardano at the time of writing this report was trading at $1.047324, up 20.35% on the day.
Over $140 billion in value evaporated into thin air, as Bitcoin also lost as much as $7,000, according to data retrieved from Coin360.
Such strong demand on the world’s flagship crypto asset by large entities is keeping it within striking distance of $60,000.
Motley Fool has disclosed it is investing $5 million in the flagship crypto, Bitcoin in the coming weeks.
Cardano was trading at $0.643587 up 19.82% on the day – the largest one-day percentage gain since February 5
Crypto exchanges operating in Nigeria have reacted to CBN’s directive to financial institutions to discontinue dealings with crypto-related transactions.