Will the listing of CARDANO to binance help the price?

michellee

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Quote from: akirasendo17 on September 25, 2019, 04:19:16 AM

Binance is going to list ADA sounds a good news fo holders
but will this help cardano rally the price from its current state?
im a bit hesitant with this because mostly lots of holders will going to dump their holdings thus give a chance to another dip to the coin
whats your assesment with this one?

I am not sure if by listing ADA in binance will give a chance for the coin to increase higher. But I guess the pump will be coming for that coin after it gets listed so you can hope that you can deposit some amount of ADA to sell at the highest pump. We don't know if that can help Cardano to get rally or not because the altcoin price still struggling to increase the price. We will see it later, and if somehow, you are ready for the pump, then you will get the profit.

DU18

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It seems that such registration will not affect the movement of Cardano token prices (ADA) in the market today, Because, in the last few days, see negative sentiments still continue to attack Cardano, so there is a significant decline in prices currently in some markets where Cardano is registered , The movement of the downward trend has reduced Cardano's market capitalization down to $1,04622B, or 0.46% of the total $23,91700B cryptocurrency market capitalization in coinmarketcap and this shows a sign that Cardano will be very difficult to experience price increases.

Vishnu.Reang

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I regard Cardano as one of the established altcoins unlike the recent ones such as Revain and Enigma. And I don't think that listing of Cardano on a major exchange may not alter its fortunes in a big way. It is already being traded in a huge number of exchanges and its trade volume collapsed after it lost 98% of the price during 2018. The Binance listing may not give Cardano a permanent boost.

tenakha

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Quote from: akirasendo17 on September 25, 2019, 04:19:16 AM

Binance is going to list ADA sounds a good news fo holders
but will this help cardano rally the price from its current state?
im a bit hesitant with this because mostly lots of holders will going to dump their holdings thus give a chance to another dip to the coin
whats your assesment with this one?

It is unlikely that ADA will increase as much as other listed coins. Such large projects are affected by greater innovations or good development in the product.

Those who dump the price do it to make more profit, and maybe this is better opportunity you should consider. Wink

lionheart78

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Looking at ADA chart, it seems the listing on Binance have no effect on ADA price, well that is good because this simply show that the current price of ADA is its true value. Second, if ever it was pumped the moment it enters Binance, we can see lots of people losing profit because another thing happen when a certain coin got pumped.. and that is dumped. Dump is the main reason for panic sell and when it happen the price of ADA will certainly crash leaving most of the holders to lose value of their holding. Worst selling ADA at a loss.

Quote from: FaucetKING on September 28, 2019, 11:47:32 AM

In my own point of vue, i do believe that Cardano is in need of a pump. The graph on CoinMarketCap shows that the coin has a hilarious buy support, in all the ways i can truly see that this coin is low rated because of the dumps of btc and crypto in general. I feel that this coin might go somewhere, there's a supply problem here but as long as the peoples will continue buying the coins, they will be okay. Binance listing will open and will create new hopes for the holders, binance is the gate to the chinese/korean/japanese cryptocurrency market... that might bring adoption for ADA.

Nope, I believe what they need is to deliver project goals on time. Pump is never needed in a successful token because its success will bring itself the awareness with hype included that every projects needs. Pumping a cryptocurrency will only leaves its newest investors to disappointment.

JCviggen

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Quote from: snakey on September 28, 2019, 11:28:51 AM

It will surely help with price, Binance is a huge exchange. I have seen Shi'itest coins getting pumped over binance and by the way CARDANO is a great coin with huge fan following. I believe it will sky rocket.

like dozens of other projects that seem very good, but now it’s completely not clear how the altcoin market will develop. if all goes well, then Cardano will bring big profits

FaucetKING

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In my own point of vue, i do believe that Cardano is in need of a pump. The graph on CoinMarketCap shows that the coin has a hilarious buy support, in all the ways i can truly see that this coin is low rated because of the dumps of btc and crypto in general. I feel that this coin might go somewhere, there's a supply problem here but as long as the peoples will continue buying the coins, they will be okay. Binance listing will open and will create new hopes for the holders, binance is the gate to the chinese/korean/japanese cryptocurrency market... that might bring adoption for ADA.

snakey

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It will surely help with price, Binance is a huge exchange. I have seen Shi'itest coins getting pumped over binance and by the way CARDANO is a great coin with huge fan following. I believe it will sky rocket.

2girls

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Quote from: ?? on ??

The ADA is already listed on Binance, I still trade it often. In general, altcoins are changing prices, investment should always be considered, not necessarily on the Binance exchange will be successful.

As far as price is concerned, i think it will not have much effect in this market. In future, when we see the bull run of alts, only then this listing can be of significant value.

badykvik

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Binance volume speaks for itself, getting ADA listed will certainly increase the price with about 10% if not more than that.
This type of success had happened to few other coins in the past but i dont want to mention any name.

takngantuk

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there will be no change at this time. but maybe in the long run there will be an impact that can be felt by the holders. the market is currently consolidating, so it is difficult to ascertain this. altcoin has fallen, but that's not everything. I believe after the market starts to recover, "Ada will start Pump.

trauchot

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I think that the cardano price will quickly rise to a certain value and then of course there will be a dump of the price that was before listing on the binance exchange, because there have already been so many situations with other different cryptocurrencies and the same story is expected here, so while there will be a small pump, you can get some income, unless of course you are not going to continue holding cardano until better times.

DonFacundo

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After listed in Binance seems the price is still in stable not affected. I think because of the bad condition in the market so it is hard to climb up even they listed one of the biggest exchange, but cardano is a good altcoin I believe it will pump if the bull run will come.

Strongkored

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Being able to enter into large exchanges becomes an opportunity for prices to rise, but usually only temporarily the next depend on trading volume.

Sometimes holders may not enter the market early but wait for the situation more stable and then entering the market for next purpose.

slaman29

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Will Bakkt listing and approval get the price of Bitcoin up? A lot of people said yes. The experts and traders and influencers all said yes.

But when it happened, did anyone buy it even? A few people. Maybe even just a few traders testing how it works.

So does that answer your question about Cardano?

Vitamin_52

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the coin is already hackneyed, will hardly help output at such a large exchange. perhaps there will be a small temporary increase.

acdc

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Quote from: akirasendo17 on September 25, 2019, 04:19:16 AM

Binance is going to list ADA sounds a good news fo holders
but will this help cardano rally the price from its current state?
im a bit hesitant with this because mostly lots of holders will going to dump their holdings thus give a chance to another dip to the coin
whats your assesment with this one?

In the long run, the price of ADA will not increase, but if you are a trader, it is best to take the opportunity and make a little profit when it has just been listed.

miningguru

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Quote from: semobo on September 28, 2019, 01:44:08 AM

Quote from: akirasendo17 on September 25, 2019, 04:19:16 AM

Binance is going to list ADA sounds a good news fo holders
but will this help cardano rally the price from its current state?
im a bit hesitant with this because mostly lots of holders will going to dump their holdings thus give a chance to another dip to the coin
whats your assesment with this one?

Won't get any effect from this listing,maybe a dump if people decides to convert it into bitcoin or BNB.With the market is already bleeding people won't give much attention to the listing on ADA into best exchange as well but in long term it might have an effect of high trading volume not sure about the prices.

I don't know what he is talking about listing the ADA token, already the coin is being traded-in Binance exchange from many days. Recently they launched lending for ADA coin which they are given a good percentage to the holders. I think it will not affect the price of the ADA coin, but in the long term we might see good benefits from this coin.

semobo

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Quote from: akirasendo17 on September 25, 2019, 04:19:16 AM

Binance is going to list ADA sounds a good news fo holders
but will this help cardano rally the price from its current state?
im a bit hesitant with this because mostly lots of holders will going to dump their holdings thus give a chance to another dip to the coin
whats your assesment with this one?

Won't get any effect from this listing,maybe a dump if people decides to convert it into bitcoin or BNB.With the market is already bleeding people won't give much attention to the listing on ADA into best exchange as well but in long term it might have an effect of high trading volume not sure about the prices.

Cheesus

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Not at all. Cardano already a big coin, it's rank say so! Therefore listing on Binance is not creating hype for the price nowadays. It seems Binance is doing a lot of new things but some people like me getting bore of Binance for these. Cardano is a very legit altcoin, but their price seems very stable at a low price.

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