As ADA is a cryptocurrency, it trades on an open market, meaning that depending on when you sell, buyers may offer more favorable prices. Remember, the value of your ADA will rise and fall against other cryptocurrencies (like BTC or LTC) as well as cash (like USD and EUR).
Read moreIs Cardano more energy-efficient?
Cardano is inherently more energy efficient than Bitcoin as it uses a ‘Proof of Stake’ consensus mechanism where those participating in the currency buy tokens to join the network.
Read moreCan Cardano beat Bitcoin?
Cardano is objectively better than Bitcoin . And because I used the word ‘objectively’, it means I’m right. At a basic level, Cardano is Just Another Blockchain.
Read moreCan Cardano be the next Bitcoin?
Yes, it is Cardano. With a market capitalization of US$72 billion, ADA has outperformed both bitcoin and ethereum on the yearly growth average. Cardano’s price has gone up by 1000% in 2021 alone. Considered as a green coin, ADA is anticipated to take the next big dip before 2021 end .
Read moreCan ADA go as high as Bitcoin?
Cardano’s price target Also noteworthy, if ADA does indeed hit $25 by 2025, Cardano’s market cap would exceed $830 billion. Only Bitcoin has ever achieved a higher valuation. However, Cardano promises much more utility than Bitcoin, and it is certainly possible for ADA to hit that price target.
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