Cardano’s ICO Success Story: From $62 Million to $15 Billion Market Cap

• Cardano’s ICO raised 108,845 BTC, and its value skyrocketed to $6.23 billion, highlighting exceptional growth.
• The Chang hard fork marks Cardano’s shift to decentralized governance, with 18% of validators updated so far.
• Cardano’s recent 4.11% price increase and $322M trading volume reflect ongoing investor confidence and market interest.

Cardano’s Initial Coin Offering (ICO), conducted between 2015 and 2017, stands out as a remarkable success story in the cryptocurrency space. Raising 108,845 BTC during its ICO, initially valued at $62 million, the project has since experienced explosive growth.

Cardano’s market capitalization has surged to $6.23 billion, with its token market value reaching an impressive $15.71 billion. This remarkable ascent underscores Cardano’s success compared to other blockchain projects from that era.

Review of Major ICO Projects Around 2017: EOS raised up to 7.21 million ETH, then exchanged it for BTC, and currently still holds more than 140,000 BTC. Only Filecoin, Polkadot, and Cardano currently have a market value far higher than the funds raised during ICO. pic.twitter.com/kdaSuCyMxL

— Wu Blockchain (@WuBlockchain) July 22, 2…

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