Main navigation

Binance, Largest Crypto Exchange, Adds Ardor (ARDR) Token, Boosting its Price

Wed, 18/07/2018 - 11:28
Binance, Largest Crypto Exchange, Adds Ardor (ARDR) Token, Boosting its Price
Cover image via U.Today
Read U.TODAY on
Google News

Ardor (ARDR), the coin supporting the same-name Blockchain-as-a-service (BaaS) project, spiked over 45 percent early on Wednesday. This was the largest increase the market has seen today thanks to the fact that one of the biggest crypto trading platforms Binance included it to the trading list.


The coin will start trading at 11 UTC against two major currencies, Bitcoin and Ethereum, and the native Binance coin (BNB). Traders are already making deposits preparing to start off.

Price boost

At around 8 a.m., ARDR was trading at $0.23– this was 46 percent higher price than the previous one of $0.16. The growth occurred within 24 hours. At the moment of writing this, the price of the coin amounts to $0.27. The coin’s market cap is $274,233,353.


Now ARDR takes position number 56 on the top 100 most popular coins’ list. The price growth is logical, as after listing on Binance cryptocurrencies usually tend to jump up the charts.

The Ardor Blockchain

The project is founded by Jelurida company based in Barcelona. ARDR works in the NXT technology. It has a parent-child chain structure, using which startups can create their products on the Ardor Blockchain. The coin itself cannot be mined, its total supply equals 999 mln units and they are all already out there in circulation.

The network uses Proof-of-Stake consensus mechanism, allowing nodes to implement economical mining equipment and consume less power.

On their website the project team explains that Ardor is meant to diminish Blockchain bloat, its tokens were designed for multiple transactions.

In Q3 2018, the project team plans to launch extra child chains along with lightweight contracts runner add-on.



Latest Press Releases

Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Bridging the Data Trust Gap: 2024 RegTech Confab Set to Unlock Africa’s Economic Potential
ApeX Protocol Partners with Alertatron to Enhance Automated Trading Capabilities
TeachMeCode Institute Announces Grand Opening of Cutting-Edge Dubai School
RHUNA Launches to Revolutionize the Events and Entertainment Industry with Fintech Innovation
Our social media
There's a lot to see there, too

Popular articles