© 2019 by PlanetStake

Cardano Price Movements

Cardano's price has been rising significantly the past few weeks. There is definitely large positivity surrounding the advancements and mainstream adoption of cryptocurrencies in 2020 in general. Cardano has not released information of important milestones being met before the Shelley Mainnet launches in Q2 2020 though, meaning it's unlikely investors will have confidence to make a price breakout above Bitcoin's performance which can be seen in the graph below.


With the Bitcoin halving due in May this year, and with a trend of significant upward price movements historically happening several months after each halving are the market makers making an early pre-emptive move this year... We'll know within the next few weeks.


Jormungandr 0.8.7


Since Jormungandr 0.8.7 was released we've seen a performance drop on all versions of Jormungandr so are very much waiting for the next release.