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When Will Cardano Take Off?

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When will Cardano take off
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As 2018 is slowly coming to an end, a lot of Cardano investors have only one question on their minds — when will Cardano take off?

Cardano (ADA) is still a relatively new cryptocurrency, which is barely past its first birthday. Despite its excellence regarding the technology, its team, excellent leadership, new partnerships, numerous listings, and alike — Cardano’s price is still very low. At the moment, the coin is ranked 9th on CoinMarketCap’s list of largest cryptos by market cap. Its price is $0.083526, with 3.07% increase in the last 24 hours.

However, this is still nowhere near Cardano’s full potential, or even its all-time high of $1.05 which it experienced at the beginning of the year.

However, it is also not that strange that Cardano’s value is so low. The coin has become known for taking the slow route throughout its short history. Additionally, almost entire 2018 up to this point has been mostly bearish, which has taken its toll on all digital coins.

Still, as the year slowly draws to a conclusion, many are expecting another price surge, similar to, or even greater than the one that started a year ago.

Cardano’s recent victories

Despite the fact that Cardano is known for taking its time and doing things slowly, the coin has made quite a lot of progress recently. Only a little over than a week ago, for example, it was announced that Cardano (ADA) will be listed on Kraken exchange. At the same time, it gained support from Infinito wallet, only days before its first birthday.

Similar events have followed Cardano throughout the year, and the coin has been slowly expanding and increasing its reach and influence. Simultaneously, it community began to grow as well. The Infinito wallet listing is an especially important event for Cardano since this is the first time that the coin was supported by a mobile-friendly wallet.

Additionally, even Cardano products are starting to gain attention, which can only be a good thing for the coin. With additional listings and new use cases, Cardano is slowly but surely creating a future for itself. Because of this, many believe that its price will skyrocket at some point, as soon as the market allows it.

When will Cardano take off?

While nobody can predict the future as accurately as the investors would prefer it, many analysts and experts are quite optimistic regarding ADA. Since its launch in September 2017, the coin has grown by around 1500%. It is even among the top 10 cryptos by market cap for a while now.

Different forecasts claim different things, as always, but some of the most realistic ones see Cardano price growing to around $2.5 during next year. The same prediction claims that ADA will likely grow to reach the value of $10 in the next five years.

In the end, everyone agrees that Cardano is not a get-rich-quick type of coin. Investing in it means having patience, and not being afraid to wait for a few years for the investment to pay off. Thanks to long-term predictions, it would seem that investing in Cardano at this point is a pretty good idea.

The coin is bound to stick around, and it has played its cards well during the one year of its existence. With that in mind, there is no real reason to doubt its future, as it has proven to be quite capable and reliable, if a bit slow. Finally, if the new price surge does arrive, as everyone is hoping it will, it is more than likely that Cardano might speed things up, and maybe even reach new heights. While nobody can tell with certainty when will Cardano take off, everyone agrees that taking off is a part of the coin’s future. Because of that, a lot of investors are taking the opportunity, and are investing in ADA while it is still so cheap.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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