Cardano Price Prediction 2024$
Cardano is a “third-generation” cryptocurrency created by Ethereum co-founder Charles Hoskinson. It aims to solve several issues Ethereum faces, such as scalability, interoperability and improving decentralisation
Cardano Price Prediction Summary
Cardano’s price is $0.6359, up 72% over the past month after joining the market rally at the end of 2023.
ADA is 79% down from its September 2021 all-time high (ATH) of $3.10.
Our ADA price prediction forecasts an average price of $0.55 by the end of 2023.
According to our 2025 Cardano price prediction, the price could break its ATH in 2025, and reach $3.50.
Cardano Price History
Founded in 2015, Cardano was launched in 2017. According to Coin Market Cap, the Cardano’s initial coin price was $0.02461.
Thanks to Charles Hoskinson’s track record, the coin quickly gained momentum, with the community calling it an “ETH killer” and the next crypto to explode. The price surged during the 2018 bull run, establishing a new ATH of $0.997.
Cardano price history key points:
Cardano launched in 2017 with an initial price of $0.02461.
Following its launch, the Cardano price peaked at $0.997 before entering a bear market in 2019.
ADA created a new ATH of $3.10 in 2021.
Cardano has gained 161% since the middle of October, where it priced at $0.2430.
The current price is $0.6359, down 79% from its ATH.
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