Cardano, introduced in 2017, drew inspiration from the contributions of the Italian polymath Gerolamo Cardano. In August 2021, Charles Hoskinson, the founder of Cardano, revealed details about the Alonzo hard fork, which led to a significant 116% surge in ADA’s price the following month.
Similarly, the introduction of the Vasil hard fork was highly anticipated by the Cardano team. Despite encountering some challenges, the project was successful.
As of March, Cardano’s price had reached $0.7347. Recent data indicate no major movements over the past 24 hours. Considering the positive trend in the broader cryptocurrency market, let us see how high ADA can go by mid-March. Here’s our latest price prediction for Cardano ADA.
Also read: Cryptocurrency: Top 3 Coins to Buy Under $0.01 For Stellar Profits
Various factors, including market conditions, price action, developments, supply, and use cases, will influence whether ADA experiences a price change this mid-March.
Drawing insights from ADA’s performance earlier in 2024, cryptocurrency experts at Changelly predict Cardano’s price in mid-March. They anticipate a potential price range with a minimum of $0.671 and a maximum of $0.711 within this timeframe. Additionally, experts expect ADA to trade at an average price range of $0.69 over this period.
Also read: Cardano (ADA) Could Hit All-Time High of $3.10: Here’s When
According to the latest CoinGecko data, Cardano is trading at $0.7335, reflecting a 0.3% surge in value over the last 24 hours. However, the predictions can greatly depend on the overall market conditions.
CoinGecko data shows that ADA is up by almost 120% year-to-date. The coin has also increased by 48% in the last 30 days. However, ADA still has a long way to go before hitting its previous all-time high of $3.10, which it hit in September 2021. The latest data shows that ADA boasts a market cap of $25.8 billion.
Disclaimer: Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor.
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