Crypto Details: Cardano (ADA)
Cardano current price is $0.37 3.08% (24hrs)
Cardano ADACardano is an open-source and decentralized proof-of-stake public blockchain platform. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA.
Cardano was founded back in 2015 by Ethereum co-founder Charles Hoskinson, and the ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.
The price of Cardano right now is 0.37. Its price is ↑ 3.08% up in the last 24 hours.
| Current Price | All Time High | Market Cap |
|---|---|---|
| $0.37 | $3.09 | $13,128,010,370.00 |
Cardano Price Changes :
| Last 24 Hours | Last 7 Days | Last 30 Days | Last 1 Year |
|---|---|---|---|
| ↑ 3.08% | ↑ 15.08% | ↓ -7.06% | ↓ -61.61% |
Cardano could be a worthwhile investment for patient investors who can handle the volatility. As a blockchain platform, Cardano has a lot of potential. Wallet Investor is bullish on Cardano and sees a positive trend for the future price of the ADA coin. The platform expects the Cardano cryptocurrency to double its value in under a year and potentially even reach $5 by 2027.
Why is Cardano so cheap? Cardano is so cheap because it is a fairly new project that has not caught mainstream attention like Bitcoin or Ethereum. The second factor is that there exists 45 billion Cardano. So the relative price per share (ADA) is low because of the total supply being so large.
