Cardano. One well-known digital currency aiming to bounce back following a rough start to 2022 is Cardano ( ADA 0.09% ), a chief rival to the highly popular smart contract-driven Ethereum ( ETH 1.03% ) blockchain. Cardano’s ADA token is down about 20% since the year began, as of late evening Jan.
Read moreWhy did Cardano prices go up?
“The biggest factor driving this price movement is that Cardano just saw a big influx of tokens into staking pools ,” he stated. “Once traders saw this influx they appeared to have started buying in relatively large numbers. Naturally, the price surged and might continue to do so if this apparent micro rally continues.”
Read moreWhat is happening with Cardano?
Although ADA’s price has been declining since its all-time high, crypto experts predict bullish price predictions late 2022, 2025, and 2030 . According to Finder’s panel of 17 crypto experts, they expect the price of ADA will reach at the end of the year at $2.79. In 2025 at $8.18, and in 2030 at $58.04.
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