Cardano coin has risen over 760% since entering the market in 2017. The price of Cardano for this moment is $0,83, which is 5% more than the last week and is expected to rise. If you are one of these folks who wish they bought Cardano before when it was still on the ground level and think it is worth it to buy some soon, this short read is for you. We will try to reveal some of the most logical Cardano price prediction 2023 assumptions and lead you to the right decision.
Why Is Cardano Special and What Benefits Does It Give?
Cardano is a PoS platform on blockchain and is not like other similar platforms since it has a research-based background. The blockchain used by Cardano boasts high functionality and security, plus it is going to support Decentralized Apps and smart contracts. Unfortunately, this means that Cardano’s price will soar again very soon.
In 2021, it showed great performance, with its all-time high making $3.10 in September. This is amazing, especially considering that it grew from $0,2 in the first months of the year. In 2022, a number of crypto analysts promise another price rise.
Price Predictions for Cardano for the Next Few Years
From history, we can see that ADA achieved a growth rate of over +2000% in the last year. If this remains, we can even see the coin reach $10.
In brief, the horizons for Cardano coin can be the following:
$3,90 for 2022
$6,50 for 2023
$13,1 for 2025
Cardano is improving its work and products even when the market trends are bearish. Besides, its real-world utility is the main thing that differentiates the coin from its rivals. In contrast, Dogecoin doesn’t have any use except for public trading. It is just a meme coin which value is based on the community support and the hype around it. This adds up to the long-term value of ADA.
Cardano has proven to be a safe investment and well-managed asset in a more long-term outlook, thanks to introducing updates for each of its products or services. The project bases all the developments on careful research and relies on the opinion of specialists when introducing new functionalities. That’s why one can count that all the new details are absolutely legit and can be impeccably applied in the real world.
Where to Buy Cardano (ADA) Coin and Exchange It With Profit
One of the best places to buy ADA at an acceptable rate without registration and long waiting is LetsExchange. You can start exchanging various coins such as Litecoin to Bitcoin and SKY to FAIR exchange in many combinations – over 370 coins in nearly 130400 trading pairs. Tracking prices and checking how they grow over a week, day, or month. Transparency and security through data encryption are guaranteed. An intuitive user interface will help you begin exchanging coins in no time: pick a currency pair, specify the amount, and click ‘Exchange’ on the swapping widget on the website LetsExchange.com.
7 Top Altcoins to Buy This Year
Except for the most talked-about cryptocurrencies, such as Bitcoin, there are other interesting and growing coins, and Cardano is one of them. Here is the whole top.
- Ethereum (ETH)
- Litecoin (LTC)
- Dogecoin (DOGE)
- Cardano (ADA)
- Stellar Lumens (XLM)
- Aave (AAVE)
- Binance Coin (BNB)
These coins have in common fast transaction approval, settling transactions on smart contracts, and allowing for greater flexibility and functionality with Decentralised Apps.
However, Dogecoins is the riskiest one as it is overestimated and, in reality, doesn’t resolve its financial service issues.