Cardano, launched in 2017, was inspired by the contributions of Italian mathematician Gerolamo Cardano. In August 2021, Charles Hoskinson, founder of Cardano, revealed details about the Alonzo hard fork, which led to a significant 116% increase in ADA price in the following month.
Also Read Cardano (ADA): Innovative Blockchain with Full Details
Check Today's Crypto Market:
Hope for Vasil's Hard Fork
The launch of the Vasil hard fork is also highly anticipated by the Cardano team. Despite several challenges, the project was successfully implemented.
Current and Predicted ADA Price
According to the Bittime.com market at the time of writing this article, the price of 1 ADA to USDT was $0.7347 and experienced a relatively small decline in the last 24 years, namely -0.36%
The latest data shows no major movements in the last 24 hours. Considering the positive trend in the cryptocurrency market as a whole, let's see how high ADA can rise by mid-March. Here is our latest price prediction for Cardano ADA.
Also Read How To Buy Crypto:
Factors Affecting ADA Price
Several factors, including market conditions, price movements, project developments, supply, and use cases, will influence whether ADA experiences price changes this mid-March.
Also read : How to Stake Cardano (ADA): Easy, No Complications!
Price Prediction by Changelly
Taking insights from ADA's performance in early 2024, cryptocurrency experts at Changelly predict Cardano's price in mid-March. They estimate a potential price range with a minimum of $0.671 and a maximum of $0.711 in this time frame.
Additionally, experts expect ADA to trade at an average price range of $0.69 during this period.
Latest Data Analysis
According to the latest CoinGecko data, Cardano is trading at $0.7335 , reflecting a 0.3% increase in value over the last 24 hours.
However, price predictions can depend greatly on overall market conditions.
Conclusion
CoinGecko data shows that ADA is up nearly 120% year-to-date (since the start of the year) and 48% in the last 30 days.
However, ADA still has a long way to go to reach its previous record high of $3.10 achieved in September 2021. Currently, ADA's market capitalization stands at around $25.8 billion.
How to Buy Cardano (ADA) on Bittime
You can buy and sell Portal (ADA) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Cardano (ADA) is available on Bittime with the ADA/IDR market pair . To be able to buy ADA IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Cardano (ADA) on Bittime .
Monitor the price chart movements of Portal (ADA), Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read
Cardano ADA Crypto Review 2024: A Concise Insight
Charles Hoskinson Responds to Criticism of Cardano's Utility
The Future of Cardano(ADA): Long-Term Plans and Challenges Facing
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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