Cardano (ADA) came into the digital currency sphere in September 2017, and the digital currency has made enormous progress since then. Just four months after its launch, the coin increased by 1,520%, with a market cap of about $18 billion.
The Cardano network uses a scientific perspective with a methodology that is motivated by research. The open source tech of the coin goes through a meticulous peer review procedure which scientists and developers conduct collectively.
Cardano Price Today: Current Price of ADA
Presently, the digital currency is trading at $0.1590 after a decrease of 9.9 percent in the last twenty-four hours. Cardano (ADA) has a market cap of $4.7 billion with a trading volume of $90.08 million in the last twenty-four hours.
The Price Predictions of Cardano (ADA) for 2018
Most of the price predictions of Cardano (ADA) for this year and beyond are very tentative, this is as a result of the obscurity of the coin. A notable price prediction for Cardano stated that the digital currency will take the lead in the Eastern Pacific.
The firm will produce and spread out ATMs across Japan this year. This development promises enormous real-world applications of the digital currency that brought about over 400 percent gains in December last year.
Cardano (ADA) price prediction of experts include the best guess that Cardano will realize its highest value upsurge all through the year. According to statistics, the digital coin will increase by over 8,000% as its value overs around the 15 cents mark. It was also predicted that the market cap of the coin could increase to about $40 billion by December this year.
Nevertheless, Bitcoin (BTC) will probably remain the most valuable digital currency in the cryptocurrency sphere, and this might not change until the end of this year. Stakeholders are expecting the value of Bitcoin to hit the $33k level by the end of 2018.