A Japanese company called Cardano recently had their coin put on Bittrex. Apparently they're a big time player in Japan and have been developing the project for a year or two now. But I have literally never seen anything like it, over 70 million USD trade volume and it hasn't even been a day... Can anyone provide some intel on it and why it seems to have such incredible demand? The volume is only increasing too which is great for investment gains but still makes you wonder why
Hi, I am from Japan.
This coin is famous for scam coin.
Company "Cardano" does not have any business up until now and from now on.
They sold their ADA coin to those who are not familiar with crypt currency on their pre-sale.
You should realize why "Cardano" sold ADA coin only in Japan at pre-sale.
For more detail, below page will work for you.
https://note.chiebukuro.yahoo.co.jp/detail/n389578(this page is Japanese, this page will work to those who have interested in ADA coin)
I do not recommend long term hodling for this coin