Cardano has gradually managed to become one of the preferred investment options for market enthusiasts and digital asset investors. The coin has performed well enough to earn the trust of investors once more. It has also benefited from the current bull run set since April 2. The coin hit $204.35 million recently. Will the current value rise in the price of Cardano help the coin cross the $0.100 mark? Let’s see what the charts highlighting trading for the ADA/USD pair.
Cardano (ADA) Price Today – ADA / USD
| Name | Price |
|---|---|
 | $0.00 |
Cardano Price Prediction: Can the Price of Cardano Cross $0.100 Again?
Cardano has become everybody’s favorite coin. The founders of the asset class have celebrated the attention that ADA is getting in the last few months. There’s been a considerable price surge in the value of the coin. The price of Cardano has been gaining traction from the global market players as never before. The network’s new collaborations, as well as its increase price, and the technological improvements conducted on it are just some of the factors that have contributed to the ongoing success of Cardano.
Through the last month, the price of Cardano recorded a fresh high point to trade at $0.100 before the coin’s value started falling back. ADA has been exponential growth from the $0.059 price position to $0.100 the price position. At the start of this year, ADA was trading at $0.040. The price has shown a 2.5X increase in value as of May. If we critically consider the last 30 days pattern, there has actually been an upward price movement of 37% for the price of Cardano.
Cardano Price Prediction: The Price of Cardano is Rising Once More as of June 2
The price of Cardano started falling slightly days ago. However, today June 2, the price of the coin is now rising once again. It is trading at $0.092 as of press time according to coin market cap.
The ROI of Cardano was at 327.30% with a total circulating supply of 25,927,070,538 ADA. Cardano had a 24 hour trade volume of $204.35 Million and market capitalization of $2,443,345,196 as of press time.
According to market analysts, the price of Cardano is predicted to go further upwards in June. It is expected to cross the $0.100 price position as well. In the price of Cardano saw its highest peak position of $0.096 in the last seven days. The same can be said for the last 30 days.
Cardano Price Prediction: The Price of Cardano May Reach $0.9 by Year End
Currently, Cardano has been able to attract the interest of major players in the financial world. The coin has been showing positive movement through this year so far. The price of Cardano may trade at $0.9 by year-end. It may manage to cross its all-time high price of $1.33 in two years if it gets to trade at either $10 and $50.
Cardano remains one of the best coins out there. The coin offers good value. Long term returns should be almost guaranteed if the predictions above major playout. Whether these predictions hold any weight remains to be seen. Only time will tell the outcome. The coin recently recorded a 24 hour volume of $204.35 Million and this is a sign that Cardano price prediction is on track.
Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.
