Cardano starting price

Ada Coin (ADA) held an ICO on September 25, 2017, with a starting price of $0.00116. Its price has fluctuated significantly since the ICO and is currently around $0.4, influenced by factors such as Binance Smart Chain network adoption, cryptocurrency market conditions, and regulatory uncertainty.

ADA Coin Starting Price

ADA Coin (ADA) is the native token of the Binance Smart Chain platform currency. It had an initial public offering (ICO) on September 25, 2017.

Starting Price:

The starting price of ADA Coin is 0.00116 USD.

ICO details:

• Total issuance amount: 45 billion ADA
• Raised funds: 185 million US dollars
• Accepted currencies: Bitcoin (BTC) and Ethereum (ETH)

Performance:

The price of ADA has fluctuated significantly since the ICO . It reached an all-time high of $1.33 in January 2018 and has since fallen back. As of February 2023, its price is approximately $0.4.

Major factors affecting the price of ADA include:

• Adoption of the Binance Smart Chain Network
• The overall state of the cryptocurrency market
• Regulatory Uncertainty

As the platform token of Binance Smart Chain, the value of Cardano is inseparable from the success of the network. As Binance Smart Chain continues to grow, the price of Cardano may also continue to rise. However, the volatile nature of the cryptocurrency market also needs to be taken into consideration.

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