Hello, yesterday was a good day for all ADA lovers, finally Coinbase listed Cardano and they are previewing its official release date at March 18th.
What this means to ADA?
Normally a coin listed on Coinbase gains a lot of Volume and transactions this means its Market Capitalization grows and the price follows. So in the next few days we can see ADA pumping its price again.
March was the month of the Mary release in Cardano blockchain this measn tokens can be created in the blockchain, smart contracts are the next step still this year. Well this combined with Coinbase listing we may see a huge pump in price.
The trading pattern is very bullish with a simetrical triangle being achieved with success, this means stability and growth.
There are so many things combined with ADA that we may see a really breakout, just one of this things pumps the price of a coin, imagine all together.
I see ADA as a very good project, with the best intentions, like the projects in Africa and with technicals that are very good, low fees, speed and DeFi. We are seeing the rise of a ETH countender and this is good news for both blockchains because it will make both better.
Like I said in another post there is no need for rivalry, this two can coexist and help eachother become better and that means that users will be the most satisfied.
I think ADA deserves being apreciated and I am holding it, waiting very impaciently for smart contracts and DeFi, this blockchain has so much to offer to the world.
Hope you like the post and stay safe.
Best Regards,
Cryptopeach
