Cardano (ADA) can be a good investment option. Why so? Read here

Must Read

Total Assets Under Management Of Grayscale Have Grown To $3.3 Billion

A recent tweet by Grayscale's official Twitter account mentioned that on February 19, 2020, "Net Assets Under Management,...

bZx Hackers Trying To Move The Stolen Currency Reports CoinHolmes

The recent hacks at bZx have led to many people questioning the DeFi (decentralized finance) system. An analysis...

Brendan Blumer Suggests Gold And Bitcoin Are Similar And Anyone Favoring One Over The Other Is Undermining Both

Brendan Blumer talked about the similarity between Gold and Bitcoin. A person is showing his or her own...
1574512079807
Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

Cardano (ADA) is recently being quite consistent and is continually moving upwards and thus it is becoming a great investment option for the traders and those who are new in the crypto market and want to invest in a cryptocurrency then Cardano (ADA) can be a great choice.

Cardano (ADA) is showing a bullish trend against the United States Dollar. As of writing this article Cardano (ADA) is trading at $0.0658. The Market Cap was $1.71 billion and the market volume was 25.93 billion. The main reason that is pushing the price of Cardano (ADA) is Cardano’s new product Cardano Shelley that will make Cardano network 100 percent decentralized. This new launch is already attracting investors and traders towards Cardano (ADA).

When the announcement by the Cardano network was made regarding the launch of Cardano Shelley the price of Cardano (ADA) token rose by almost 10 percent. This huge rise was seen only when the announcement regarding the launch was made, so when the product is really launched in the market the rise in the value of Cardano (ADA) will be much greater as can be expected.

So, undoubtedly the expectation regarding the price of Cardano (ADA) is quite bullish in the future both in the short-term and in the long-term. This makes an investment in Cardano quite profitable both for the traders and the investors. The price of Cardano (ADA) is expected to rise as high as $2 by the end of this year and the price of Cardano (ADA) can be expected to skyrocket to around $5 next year.

Hot News

Total Assets Under Management Of Grayscale Have Grown To $3.3 Billion

A recent tweet by Grayscale's official Twitter account mentioned that on February 19, 2020, "Net Assets Under Management, Holdings per Share, and Market...

bZx Hackers Trying To Move The Stolen Currency Reports CoinHolmes

The recent hacks at bZx have led to many people questioning the DeFi (decentralized finance) system. An analysis from Peckshield security shows that...

Brendan Blumer Suggests Gold And Bitcoin Are Similar And Anyone Favoring One Over The Other Is Undermining Both

Brendan Blumer talked about the similarity between Gold and Bitcoin. A person is showing his or her own insecurities regarding Gold or Bitcoin...

OKEx Exchange Launched Spot Margin Trading And Savings For 19 New Digital Assets

OKEx announced the launching of 19 new digital assets for spot margin trading and saving service from February 21, 2020. OKEx exchange is...

Two Arrested in Investigations with Cryptovaultua for Money Laundering

The Fiscal Information and Investigation Service has arrested two men in suspicion of money laundering with cryptocurrency. The investigations led by the Functional...

Ripple Partner Ria Money Transfers Joins Forces With Austrian Post for Remittance Service

Euronet Worldwide connected with Ripple and integrated the Ripple cryptocurrency. Ria Money Transfer is a subsidiary of Euronet Worldwide. The partnership will be...

bZx Hackers Trying To Move The Stolen Currency Reports CoinHolmes

The recent hacks at bZx have led to many people questioning the DeFi (decentralized finance) system. An analysis from Peckshield security shows that...

Brendan Blumer Suggests Gold And Bitcoin Are Similar And Anyone Favoring One Over The Other Is Undermining Both

Brendan Blumer talked about the similarity between Gold and Bitcoin. A person is showing his or her own insecurities regarding Gold or Bitcoin...

OKEx Exchange Launched Spot Margin Trading And Savings For 19 New Digital Assets

OKEx announced the launching of 19 new digital assets for spot margin trading and saving service from February 21, 2020. OKEx exchange is...

Two Arrested in Investigations with Cryptovaultua for Money Laundering

The Fiscal Information and Investigation Service has arrested two men in suspicion of money laundering with cryptocurrency. The investigations led by the Functional...

RELATED NEWS

Total Assets Under Management Of Grayscale Have Grown To...

A recent tweet by Grayscale's official Twitter account mentioned that on February 19,...

bZx Hackers Trying To Move The Stolen Currency Reports...

The recent hacks at bZx have led to many people questioning the DeFi...

Brendan Blumer Suggests Gold And Bitcoin Are Similar And...

Brendan Blumer talked about the similarity between Gold and Bitcoin. A person is...