What is the Cardano?
Cardano is a cryptocurrency with a different level of infrastructure design than the rest of the cryptography that Bitcoin, Ethereum and Crypto money lovers may be familiar with. Cardano aims to facilitate digital payments in a secure and regulatory manner. Development is completely voluntary and most of the time there is no financing – unlike the public cryptocurrencies Output – Cardano / Ada benefits from the existence of a fully funded development team, Input Output Hong Kong (IOHK).
Cardano (ADA) Price today – ADA / USD
Cardano Price Prediction
Cardano, the ninth currency crypto, has recently increased its popularity.
Cardano, which has had a good response with XRP, continues to work to support this rapid growth in the coming months.
One of the things that made the estimation of cryptocurrency more difficult was the fluctuation of the market. Therefore, estimates may vary from person to person. When we look at the market forecasts for some publications and personalities, 1 Cardano (ADA) will be $ 1.28 after 1 year. But it makes more general discussions and forecasts for this situation. Some say the Oracle Times can be between $ 1 and $ 1.50 ADA in 2019, while Adam Adam of Smartereum says that the ADA token will have a value of $ 2.50 in the next 1 years, which can get for $ 10 over 5 years.
While it is emphasized that the investments to be made for Cardano, which has a high long-term profit potential, can be profitable, it is also possible to predict that the price of Cardano will be traded at $ 1.28 in 2019.
Cardano price analysis
Due to the Cyprus crisis that took place in 2012-2013, Bitcoin prices rose from zero to $ 250 and this situation was on the agenda of the media. this has led people to turn to digital money and Cardano has established itself as an emerging encrypted currency. Since then, Cardano has developed and the team has worked on solutions to prevent these problems in their ecosystems, which is a problem for different crypto currencies and that are particularly relevant to Bitcoin.
Weekly chart of the price of Cardano
When we look at the weekly chart of the Cardano price, it is the highest loss of the top 10 with a drop of 18%. This means that the fluctuations of the past few weeks are still a shadow for the Cardano market. In the previous price analysis, the increasing level of Cardanon seems to have stopped at the beginning of this week, causing small changes in the stock. Looking ahead, we can expect a new reduction in Cardano's prices.