eToro exchange Delists Cardano’s Ada and Trx, Sends Them To Months-Low

0
121

“On our side, we had no indication of this from eToro and it’s rather unfortunate that nothing was sent our way,” he said. 

Following the news, the digital token lost 4.8% of its value. It reached its three months low while Trx plunged 5% to a one-month low on Wednesday.

However, Ada is still one of 2021’s top performers. The cryptocurrency soared 850% this year turning it into the sixth-largest cryptocurrency by market value, according to Coinmarketcap. The figure gains are still higher than Bitcoin’s 102% increase.

Signup for the USA Herald exclusive Newsletter

Cardano’s ada has been listed by some of the biggest exchanges. It was listed on Coinbase on March 19 this year and on Binance in 2017, and Kraken listed it in 2018. Bitstamp decided to list ada last Thursday. The altcoin is not listed on Gemini yet. 

“We at least could have better understood the reasons and we’ll, of course, reach out on our side to better understand reasons but it’s primarily the foundation’s responsibility,” Hoskinson said, referring to the Cardano Foundation, a non-profit organization in Switzerland that is the custodian of the Cardano brand.