Cardano Up By Over 7% Shortly After Cardano Foundation Reveals Plans For Global Adoption, Will ADA Hit $0.50 Before The End Of 2019?

Cardano news today – No doubt, Cardano ADA is one of the projects with the highest potential in the cryptocurrency space. Over time, the Cardano Foundation has worked hard to make sure that the Cardano blockchain becomes the best in the dApp and smart contract space taking the mantle from Ethereum. This is why it is among the top “Ethereum Killers”. Apart from the Cardano Shelley project which aims at making some changes on the Cardano blockchain that will make the system 100X more decentralized than Bitcoin, the Cardano Foundation is making massive expansion plans in Africa and Asia according to the latest Cardano ADA news. 

Cardano ADA News Today – Cardano ADA Price Prediction – ADA/USD – Cryptocurrency News Update – Cardano Targets Africa

Recently, Cardano’s Charles Hoskinson announced that the Cardano Foundation has added Africa to its list of targeted areas that are perfect for the promotion of cryptocurrency. During the ask-me-anything session, he said that Emurgo is at the helm of commercializing blockchain technology. Apart from Africa, the Cardano Foundation has also set sights on the Asian markets with direct targets on Japan and Indonesia. Speaking about Japan, Hoskinson said that the working class is reducing as people are growing older and this is reducing the value of real estate within the country. He said that technological advancements such as the blockchain and Artificial intelligence can play a key role in the re-energization of Japan.

Cardano (ADA) Price Today – ADA / USD

Name Price
cardano
Cardano
$0.0500.914%

He said that the Cardano Foundation is setting its adoption curve across the globe. He said that they are following the Mongolian system and making the blockchain space more friendly for individuals who are interested in entering the space. He said that they are working with the government in Ethiopia to develop tokens for Addis Ababa on the Cardano blockchain. This move alone can potentially lead to a surge in the adoption of cryptocurrencies in Africa, a place that is full of unbaked individuals. Cardano is also working on developing an enterprise blockchain framework in the country.

Cardano Price Prediction 2019 – Cardano News Today – Cardano Price prediction 2020 – ADA/USD – Current Price Of Cardano ADA

At the time of writing, the price of Cardano ADA was enjoying the cryptocurrency bull run trading at $0.086237. This means that it is up by 7.52% against the USD and down by 1.79% against the BTC. The trading volume over a 24 hour period is $125,443,525 and the market capitalization is $2,235,863,342. Bitcoin has been on a bull run since yesterday and is now moving toward $9000.

Near-term, the price of Cardano ADA will hit $0.100 level. However, the Cardano price prediction 2019 places the price of Cardano at $0.50 by the end of the year. The Cardano price prediction 2020 places the price of Cardano ADA at $20 by the end of 2020.

What do you think about the Cardano price prediction 2019 and Cardano price prediction 2020 in our Cardano news today? Share your thoughts in the comment section below.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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