When you search for Cardano (ADA) you will see most of the YouTube Crypto based channels will suggest you to invest in Cardano telling it’s a very good coin and will make you good profit.
Are they telling the truth or just wanting to create a hype for Cardano so the price rise up and they can withdraw with max profit?
Let’s find out about the current price and future price prediction of Cardano in details. But first find out what’s Cardano, read our article describing about all the basic details so you can decide for yourself.
Read about Cardano (ADA) The Future of Crypto Currency?
Current Price
While writing this article Cardano is trading around $1.28 which is very low compared to the time it has been in market. With total supply of 45 Billion, Cardano is yet to make its impact in the Crypto market yet.
It has been steadily growing from last few months, and also got a jump in its price to $1.47 on 18 March 2021 which was its all time high till date. This jump was the result of Coinbase announcing Cardano’s entry on their trading platform.
But after that it is seeing a stability in its price around $1.1 to $1.25. Many time ADA tried to break the $1.3 mark but has been unsuccessful till now. The good part is it has not tumble down below $1.1 so far.
Massive buyers are keeping the price maintained but are not able to make a good hype in the charts at the moment.
Experts Prediction
Many expert predict that Cardano might be trading around $1.2 to $1.5 by end of April but it will see a hike by end of May resulting in price of $2.5 by coming June.
And by end of the year 2021, Cardano is expected to trade around $10 to $15 by many experts.
Leaks coming out of Cardano-Africa deal suggest a major boom in price of Cardano as the adaption of its token will be used in Ethiopia as daily life currency.
As they all say “If you are looking for Short term profit then trade in ALT Coins, but if you want to invest for long term gain then choose Cardano.” As Cardano is here for the longer run it would be wise to invest accordingly.
Listing and market dominance
Listed almost on every major and medium trading platform Cardano has been dominating the crypto market by 2.06% and ranking on the 6th spot in the trading volume.
All this information is based on our own research and is just for education purpose only. Please do your research too before investing in any of the tokens in trading world.
We are no experts, just sharing our little knowledge for the beginners in easy words so they can understand the market.
