ArdorARDR
$0.162
Market/Exchange
ARDR Price Prediction and Price Movement
ARDR has been up 160.81 percent over the past three months, together with its relatively large market capitalization, it is likely that ARDR may continue its upward movement and we may see some decent growth out of it. However traders are still advised to do thorough research before putting money into this coin as fundamentals do serve a pretty big part in a coin's price actions in the long run.
Please note that this analysis is purely base on ARDR's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Ardor Price Chart
About Ardor
Ardor is a multichain blockchain platform with a parent-child chain architecture. The security of the whole network is provided by the parent Ardor chain while the interoperable child chains have all the functionality. The team believes that this design and access to hybrid user permissioning capabilities are the key to the flexibility necessary for a variety of use cases and opens the door towards the mainstream adoption of blockchain technology.
Ardor was created with scalability in mind and solves many existing industry problems such as blockchain bloat, single token dependency, and the need for easily customizable-yet-compatible blockchain solutions. Ardor is based on Nxt technology and claims to offer the first pure proof of stake consensus algorithm. Ardor's first child chain is Ignis.
Development of all three tokens (ARDR, IGNIS, NXT) is managed by Jelurida Swiss SA.