As Cardano Price Rises, Spotlight Turns to an Emerging Green Crypto Project
As the Cardano price rises towards $0.55 and threatens a break back to last December’s highs in the $0.68 area, the spotlight is turning to an emerging green crypto project called eTukTuk.
The Cardano price rose through a downtrend that had been in play since December on Thursday.
It was last up around 2.3% in 24 hours around $0.54 as per CoinMarketCap.
If it can also break above its 50DMA in the $0.54s, the door is open for a surge towards $0.68.
That could mean near-term gains in the region of 25% for investors who buy Cardano now.
While Cardano price rises could deliver gains to investors, more and more investors are flocking to eTukTuk.
The sustainable transportation-focused web3 start-up’s $TUK token presale is cruising towards $1 million in funds raised.
eTukTuk is working on improving urban transportation in developing nations with electric vehicles and blockchain technology.
The protocol hopes to encourage tuk tuk drivers to go electric so they can join and benefit from eTukTuk’s blockchain-powered charging network.
$TUK tokens are currently available for $0.0265.
But this price is set to jump when the presale hits $1 million and enters its next stage.
Given how small and cheap they are to run, TukTuks are a key mode of transport for developing nations.
However, TukTuks are notorious for their high levels of pollution.
For example, a tiny TukTuk typically has higher CO2 emissions than a conventional automobile.
This not only hurts city residents in developing countries like Sri Lanka, but also contributes to global warming.
eTukTuk was set up to spearhead a transition to electric TukTuks.
The project seeks to do so in three key ways.
"Breakout crypto eTukTuk is working on improving urban transportation in developing nations with
Read more on cryptonews.com
