Cryptocurrencies
Crypto’s Next Big Thing Raises Questions While the Price Surges
- Cardano’s market value recently surged to $34 billion
- Founder Charles Hoskinson said, ‘I get recognized at airports’
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The meteoric rise of Cardano over the past three months is catching the attention of some of the savviest investors in cryptocurrencies.
Billionaire Michael Novogratz sought to crowdsource information on the digital token, also known as Ada, on Tuesday, asking for help to explain the more than sixfold surge since the middle of December that briefly made it the third-biggest cryptocurrency by market value after stalwarts Bitcoin and Ethereum.