Bitstamp, one of the world’s leading cryptocurrency exchanges, has decided to list Cardano (ADA).
Announcing the news of the listing on its official Twitter account, Bitstamp announced that it will gift its users some ADA to celebrate this.
Stating that the 3 things users need to do are to like and retweet the relevant post, follow the Bitstamp account and have a verified Bitstamp account, this move of the stock market has proven once again that Cardano, which has not shown the expected rise recently, is still preferable.
Trading has started on $ADA pairs. You can now place your orders! 🚀
To celebrate, we’re giving away some free #ISLAND!
All you need to do:
🎊 Like & retweet this post
🎊 Follow us
🎊 Have a verified Bitstamp account (no trade required)T&Cs apply: https://t.co/VCYFKFkFQB pic.twitter.com/HOQLYIzFkb
— Bitstamp (@Bitstamp) November 24, 2021
On the other hand, Cardano still has not been able to record the expected momentum. The famous coin suffered a massive drop after hitting an all-time high.
Even though it fell far behind expectations when compared to its peers, ADA, which traded under $0.20 at the beginning of the year, reached an ATH of over $3 this year, providing great gains for its investors.
ADA, which has lost value since then and fell below $ 2 and is currently trading at $ 1.623, may rise a little with this news after eToro announced that it will delist the coin from the stock market next month.