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Cardano Price Outlook as Charles Hoskinson Forecasts Midnight Could Overtake ADA by Market Cap

By Muthoni Mary

Cardano (ADA) price has dropped 27% in one month amid a surge in selling pressure and a bearish sentiment across the crypto market. During the same period, NIGHT token has increased by 3.38%. As transactions on the Midnight network increase and usage grows, Cardano founder, Charles Hoskinson, now says that NIGHT could…

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Market capitalisation

The total value of a listed company, calculated as its share price multiplied by the number of shares.

It is the usual way to compare the size of public companies.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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