Cardano (ADA) Price Will Hit $2 According To Latest Cardano Price Analysis Based On ADA News

Out of many of the third generation blockchains that have been created, Cardano is one of the few that has disruptive capabilities. The Cardano news, ADA news and Cardano ADA news in recent time have all been about blockchain developments that will influence the price of Cardano ADA. The Cardano ADA price prediction 2019 is bullish thanks to the effort from the Cardano community and development team. If the upcoming upgrades on the Cardano blockchain go according to plan, the problem of blockchain scalability would be solved forever. Scalability issues aren’t limited to Cardano but to other blockchains as well. So, solving this problem will attract more people to the Cardano network.

Cardano Price Analysis – Cardano Price Forecast – Cardano News Today – ADA Price – Is $2 Possible For The Price Of ADA?

The Cardano blockchain is similar to the Ethereum blockchain. In fact, Cardano is one of the blockchains that have been tagged “Ethereum killers” (a number of blockchains that have similar capabilities as Ethereum and could potentially displace the Ethereum blockchain). The smart contract based platform is also used to transfer value from one point to another. The native token on the Cardano blockchain, ADA, is the first to ever have run on a scientific peer review.

Cardano (ADA) Price Today – ADA / USD

Name Price24H (%)
Cardano (ADA)
$0.084154
-0.65%

Over time, the blockchain and the cryptocurrency have made significant progress. Earlier in the month, due to positive ADA news, Cardano news, and other factors, Cardano ADA kicked Tron Trx out of the tenth position on CoinMarketCapital’s list of largest cryptocurrencies. It has the potential to keep going higher until it finds a place in the top 5. The Cardano ADA price is up by 30.38% within a 30-day period. At its all-time high, the price of ADA was $1.33. At the time of writing, it was trading at $0.082321. This means that it is down by 0.41% against the USD and down by 0.79% against the price of BTC. The trading volume over a 24 hour period is $66,577,576 and the market capitalization is $2,134,330,610.

Cardano News – ADA News – Cardano Price Forecast – What Does 2019 Hold For The Price Of ADA?

It’s true that the year 2018 wasn’t the best for cryptocurrencies due to the extended bear market. However, things are looking up in 2019. The year started off with cryptocurrencies recording gains against the USD. Cardano ADA has also moved higher but the best is yet to come. Based on the technical trends and the strong fundamental backing Cardano, the price of the token is expected to move as high as $2 before the end of the year.

There is a long list of developmental upgrades on the Cardano roadmap that will be completed in 2019. These upgrades are going to make the Cardano blockchain better than it already is and promote its adoption. Don’t forget that the Cardano network also has a strong community behind it. So, moving as high as $2 by the end of the year isn’t an unrealistic prediction for the price of Cardano ADA. Keep in mind that there is no assurance that the price of ADA will move as high as $2. So, before you decide to pour in capital, make sure that you’re spending only your spare money in case the prediction doesn’t happen.

What do you think about the Cardano ADA price prediction in the Cardano ADA news today? Will Cardano hit $2 by the end of 2019? Share your thoughts in the comment section below.

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