Cardano price prediction: Is it $10 by 2020? |

in #cardano6 years ago

Cardano (ADA) is at a stage of cardinal rebranding as a result of which the rate of cryptocurrency can jump up in the next months.

At the time of writing of the article ADA bargains at the price in $0.16, however, according to some experts, this figure can approach $10 within the future 18 months.

"Paper" wallet of Cardano

Cardano has reputation of one of the stablest and reliable cryptocurrencies. Nevertheless, now ADA offers investors the new version of the "paper" wallet — a fast digital wallet of Daedelus capable to be synchronized instantly with a blockchain. Besides, service offers the high level of confidence and safety in the face of possible attempts of breaking of security systems that is provided with the ciphered confidential keys.

Users can also restore the lost keys that is very not widespread practice in other wallets. Thus, with growth of trust to ADA and Daedelus, also the volumes of investment into cryptocurrency will probably grow.

This forecast is how realistic

Of course, to reach $10 by 2020, Cardano it is necessary to decide on the plan of further updates in the next months. The team plans to add support of Bitcoin and Ethereum Classic and also to develop mobile application of  wallet for users iOS and Android.

Also Cardano plans to begin partnership with Metaps Plus — one of the largest South Korean mobile companies. Considering reputation of rather reliable cryptocurrency and grandiose plans for the forthcoming months, the prospect of achievement of an ADA course in $10 to 2020 seems quite realistic.

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thats way too high i think. the circulating supply will hold it down. maybe once the bulls are back things look better. from current position its very unlikely.

I agree, $ADA had an ATH of $1.20 during the ridiculous bull run in Dec-Jan with a market cap of $32B. Unless $ADA has some “miracle innovation” I don’t see them even getting close to $10-$20 by 2020. The total market cap of all cryptos would have to be well over $3 TRILLION without that “innovation” for $ADA to even have a crack at $10. So I’m not holding my breath lol

that is correct, i feel the same. if ADA was to reach that high, other tokens would also be 50x higher from current prices.