Everybody knows that the Cryptocurrencies are changing the world in real-time. Today, digital currency and crypto coins are the trending and still emerging information in the market.
Today, another coin made major market moves, which is called ADA coin.
Cardano is a blockchain-based platform, which conducts financial transactions anonymously without the interference of a third party. All the transactions are done on the Cardano platform using it cryptocurrency Ada. Cardano is the decentralized cryptocurrency platform, which has been launched in 2007.
ADA is the cryptocurrency coin of Cardano community, which is fully open-source project and it is the first program of blockchain technology. Sometimes, it is called as “Ethereum of Japan”, why because 95% of the participants in the ADA ICO were Japanese. To use Ada you have to download the wallet, Daedalus that will be very secure wallet to store your coins.
- Get ready to the CARDANO LONDON Meetup that has been scheduled on April 25th at 6.30pm
- Crypto ICO Summit 2018 in Zurich on 27th and 28th March, Charles Hoskinson will be a speaker
- Being the 7th largest cryptocurrency in market cap, Cardano will become a better EOS in the future
- Cardano’s main goal is to beat both BTC and ETH in the market
- Gogeun Testnet Launch – A IELE testnet will be launched around April.
- Cardano Roadmap Update – Cardano ADA platform will be updating its Roadmap on April 5th of 2018.
- Cardano ADA Ledger Wallet – Cardano will soon be added to Ledger Wallet storage devices within June 2018.
- No negative events so far
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Reason behind why Cardano (ADA) Blockchain being Unique
We all may have surprised about the factor why CARDANO always remained unique blockchain among all the cryptocurrency. Here are some factors that make CARDANO (ADA) unique are given below
- Daedalus Wallet
- Haskell Programming language
- Worldwide Cardano Community
Cardano Updated Events
Now Cardano (ADA) partners with Metaps which is the topmost payment platforms in South Korea. With this partnership, Cardano can now be used in over 33,000 offline Franchise stores.
The CEO of Emurgo has said that this partnership between Metaps Plus and Cardano will allow ADA coin to expand more rapidly as an all-new way for the payment process in the South Korean Market.
Should I Buy Cardano Now?
Cardano is the good and long-term investment platform. You can ask, Is Cardano worth buying? Of course, there are many developers and experienced persons and teams are working on it. When compared to other coins in the market, Cardano has a brighter future.
Now, people are thinking how it happens? The reason is it is Ethereum of Japanese, which means the number of investors for this program from Japan.
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Cardano Technical Analysis Projection
Cardano (ADA) Future Value Price Prediction 2018 2019 & 2020
Cardano is one of the first blockchains built in highly secure. Predicting the future price value of Cardano cryptocurrency is somewhat complicated. With so many Cardano price technical analyses, we come up with the approximate price for the next year 2018 and next 5 years 2022.
After IOTA and Ripple, Cardano blows up with the steady growth value from the last 2 weeks. Now Cardano Ada shows the growth percentage of 100% and reaches hits peek with $0.6051 USD. This coin price hike takes the Cardano to the 6th position on the highest crypto market by trouncing IOTA and Dash.
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Cardano Price Prediction 2018
- Coming to the Cardano price prediction for 2018, it has been predicting with the simple calculation of Cardano price analysis of per hour, per day, per week and per month reports.
- The market cap of Cardano cryptocurrency is nearly $18 billion
- As per every day and month Cardano price prediction, the rate of Ada coin is expecting to cross $1 USD in the next year.
Cardano Price Prediction 2019
In the year of 2019, Cardano may become wide but it is also not so easy or quickly. Therefore, after a year from now, the price value of ADA will be raised with a big ratio. From this, we can estimate the forecast for the 2019 year the Cardano price value will be increased by 100% more than the present year.
- The Price Prediction of Cardano Ada coin for 2019 will be full of surprise price ranging from $0.789218 to $1.28099.
- The one-year forecast for Cardano (ADA) coin is $2.5 USD, which means a rise of 6 times in a year
- At the moment of writing, the major growth came from this past 2 weeks, so what we expect that the ADA token value will keep on rising in the upcoming years.
What will be the price of Cardano in 2020?
Cardano has the ability to process a maximum number of transactions quickly, which promises good scalability. This Project not only supports ADA coin, but also other cryptocurrencies on its blockchain.
- The price of Cardano will hit its milestone with short less to $5 USD price with the stable rate of growth.
- According to the number of investors, it will cross over $5 USD all-time high in the year 2020.
- The Cardano price prediction for 5 years are forecasted at $10.
After 2 years, Cardano will have a primary choice for currency exchange. According to the Cardano price prediction history, Ada will automatically boost with double of previous year growth rate. There is no doubt that the Cardano will definitely give a tough competition to Litecoin, Ripple and other top cryptocurrencies.
Best Cardano Exchange to Trade – How & Where to Buy Ada Coin?
Through digital currency exchanges, investors can buy, sell or trade Ada coin without any hassle.
How to Invest in Cardano?
Cardano is the home to Ada cryptocurrency, which is used to send and receive digital funds. Buying Cardano is easy, but before that, you have to follow some instructions to begin. To buy Cardano, you have to buy either Bitcoin (BTC) or Ethereum and then invest in Cardano.
- Just choose one of the exchanges platforms from below and start depositing your fiat currency to buy BTC or ETH.
- Once you bought, you have to convert BTC or whatever your buy to ADA on that exchange.
- After the completion of the process, you will get your Ada coins in your wallet.
Best Cardano Exchanges
Here, to help you we have listed some of the trusted exchanges below.
Location + Currency
Prague, Czech Rep.
Mahe, Seychelles 15+ crypto pairs
Dorset Street, London USD
Las Vegas, NV 190+ cryptocurrencies
Card + bank transfer
Cardano Forecast FAQ
Is Cardano a Good Investment?
If you are really looking for a good investment, then we prefer you to go with Cardano. Today, Cardano price forecasting is predicted to shoot up by 1600% and more. But, the ADA coin is not a blue-chip digital currency, where it may face some sudden fluctuations according to volume changes.
Cardano coin integrated with the major and leading cryptocurrencies without any third-party involvement. Ada coin aims to,
- Reduce the exchange fee charges
- Quicker transactions across the blockchain
- Removes the risk of third-party losing your currency
Cardano, it is not just a cryptocurrency but it is a technological platform. This project is a single and centralized application that handles all your financial needs. It is the completely open source and patent-free project.
Bitcoin is the first generation of cryptocurrency, and Ethereum was the second generation of blockchain technology. All these generations came with some issues like limited transactions and more. The next generation has to identify the drawbacks and constraints of previous projects.
Cardano has developed accordingly and it is the third generation blockchain.
Cardano uses a new kind of algorithm Proof-of-Stake, called Ouroboros. The platform uses the smart contract technology and seeks to bring levels of scalability, interoperability, and sustainability into the blockchain.
Rather than having a copy of every blockchain on each node, Cardano’s blockchain streamlines the number of nodes in a network. Cardano desires to empower cross-chain transfer via side chains, which conduct transactions among 2 parties OFF chain.
Future Plans & Partnerships
Cardano project has been supported by 3 entities, where all serving different purposes within the ecosystem. The platform is led by Charles Hoskinson who is the former co-founder of Ethereum and Bitshares.
First, Cardano foundation acts as a promoter, standards, and educator for the Cardano blockchain protocol and its applications. Second, the entity working on Cardano is IOHK, which holds the contract to develop the project through to 2020. Finally, the business partner Emurgo that invests in start-ups and assists commercial deal to build on the Cardano blockchain.
Cardano vs Competitors
However, one of its biggest competitors is Ethereum, which is the most popular ecosystem in the cryptocurrency market. ETH has been planning to built effective proof-of-stake mining system. As long as in future, BTC is set to become more compatible with a smart contract.
Daedalus – Cardano Wallet
Daedalus is the only and highly secure wallet designed for storing ADA coins on the network. At present, it is the only wallet, which supports Ada. In future, it plans to support other currencies like BTC, ETH and much more.
With this wallet, you can manage any number of wallets to recover your funds at any time. It will not hold your keys to ensure safety and security.
Table of Contents
- 0.1 Positive News
- 0.2 Negative News
- 0.3 Reason behind why Cardano (ADA) Blockchain being Unique
- 0.4 Cardano Updated Events
- 1 Should I Buy Cardano Now?
- 2 Cardano (ADA) Future Value Price Prediction 2018 2019 & 2020
- 3 Best Cardano Exchange to Trade – How & Where to Buy Ada Coin?
- 4 Cardano Forecast FAQ
- 5 Is Cardano a Good Investment?