Plus Points of Cardano (ADA)
Historical Analysis of Cardano (ADA)
Cardano is in one of the new coins which were launched less than a year ago. In September 2017, a new cryptocurrency emerges in the digital currency world with the name CARDANO. It made huge progress since then and shows 1,520 % price growth in just 4 months with the market cap of 18 B USD.
ADA price was started at 0.02 USD and gradually reached 0.5 USD in December 2017. At that point in time, Cardano basically crossed its price prediction. We have also seen, investors getting more than 6,000 % ROI when Cardano touches 1.22 USD per coin. Investors have the belief in this coin and the development is very strong that’s way Cardano again starts making the way high in the crypto market.
Cardano Price Today
Cardano Price Prediction
The price prediction for Cardano for this year and for upcoming years is very uncertain. This is because of the high volatility of the coin market. The one-year forecast of Cardano is around 2.5 USD.
Well, there are few positive signs are available, e.g.
Cardano may experience 200% or more increase in price because of trust, buying, selling, holding and trading.
Experts saying the digital currency will take the lead in the Eastern Pacific and Japan. This might be the supposition of some experts who believe in this news and predicts that Cardano market cap can reach 40 B USD by December 2018.
It has an open source, decentralized, and public blockchain.
The team behind Cardano is very strong as well. They are building a blockchain technology which is based on open source technology and is easier to use as well.
Cardano has released its smart contracts in June 2018. It enables you to do every kind of transaction. It already has a fast transaction volume and speed.
All the above indicators are showing the signs of the bright future of Cardano and Cardano investors. These are a few main reasons why Cardano has such a high potential. Experts are hopeful to see Cardano (ADA) among the top 5 cryptocurrencies in 2019.
Cardano Price Prediction 2019
A number of investors and experts also believe that 2019 will be the real turning point for this crypto coin and it will eventually decide Cardano coin place. If you are regular followers on cryptocurrency news and updates and you are following Cardano coin news, you might start getting feeling that these predictions have some spark. Nevertheless, its price is predicted between 3 to 6 $, even it happens so Cardano is will remains the safest and solid low price coin in the coin market.
Also See: XRP Price Prediction – Low Price Coin
Cardano Price Prediction for Long-term
With long-term price prediction of Cardano for the next 5 years is being around 10 USD. It does make sense to invest but you might face some sudden fluctuations due to changes in volume. Although this coin has a strong community, experts believe this coin still need more and more support from the community to get more popularity.
This altcoin is becoming a more and more competitive player on the market of crypto. Its success will depend on the level of adoption and people are adopting this coin.
Cardano is here to make the impact. Cardano (ADA) has given us reason to believe that the price will perform well in 2019. So, now it’s your call to hold on to this coin and buy more. Remember not to put all your money into cryptocurrency investments without proper research. The price of Cardano (ADA) has started climbing slowly.