A crypto newcomer is turning in massive gains just days after its initial launch.
CardStarter (CARDS), which brands itself as the ”first insured project accelerator for Cardano (ADA),” is turning heads after skyrocketing from an initial price of $0.159 on March 29th, to a high of $10.2 on April 2nd, representing a surge of 6,315% in a matter of days.
After its initial surge to $5.47 on launch day, CARDS bottomed out at around $2.20 on March 31st and managed to change direction to hit its current peak.
CardStarter token holders will be able to gain early access to certain token launches on the Cardano blockchain when the platform enables smart contract capabilities.
All teams that are working with CardStarter to crowdfund their projects will have to contribute to the CardStarter treasury which will be used to protect those who invest in the participating new projects developed on Cardano’s network.
Charles Hoskinson’s Cardano, at a $39.2 billion valuation,