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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A matter of time before TRON (TRX) achieves mass adoption
Tron (TRX) has all its eyes on decentralizing the internet, or rather content-sharing to ensure that creatives, artists, musicians, and authors can all release their content without the need of middle companies. As it seems, Tron’s founder hopes that the coin will challenge the globe’s major content providers like Facebook and YouTube.
The coin has undoubtedly made progress since its launch from a coin offering on the Ethereum ledger platform to now a native coin present on the official Tron Mainnet. If you think launching the independent MainNet is all Tron wanted to achieve, you are mistaken.
The aim is towards mass adoption as well as creating a decentralized web. Yeah, it is a fact that in the past weeks TRX has experienced price declines, but currently, the cryptocurrency is riding 5.37% hike against the USD in the last 24 hours (remember most of the other top coins including Bitcoin are in red).
It’s also continued succeeding in attaining quality listings such as the Bittrex (to name one of the most recent ones). Therefore, it seems as every step TRON makes is a sign of progress to make the decentralized web a reality.
How TRON (TRX) is Making Mass Adoption a Reality
The primary objective for TRON (TRX) is to create a decentralized web which will be a representation of the internet’s next generation. Therefore, in making that a reality, the largest file-sharing platform, BitTorrent that has over 100M global…
Cardano (ADA) research manager meets with Brazil representatives
Cardano is one of the top crypto assets in the market today. With its visionary team, it has become robust in creating projects that not only benefit its blockchain but the world.
Its CEO, Charles Hoskinson, also the founder of IOHK, has also been focused on making sure Cardano’s utility spreads across countries. It is important to know that IOHK, the team that has developed Cardano’s blockchain was created in 2015.
IOHK is a reputable digital company that is poised in making use of peer-to-peer innovations to provide financial services to more than 3 billion people that don’t really have access to them.
As part of the plans by the Cardano’s team to provide great innovations for providing financial services to people worldwide, and empower countries across the world, Cardano’s research manager, Mario Larangiera, met with Mario Borges, the President of the Brazilian National Council for Scientific and Technological Development (CNPq) in the Brazilian Embassy in Tokyo, in Japan, to talk about the future of Brazil.
Mario Larangiera tweeted on his Twitter page:
“Meeting with Mario Borges the president of the Brazilian National Council for Scientific and Technological Development (CNDq) in the Brazilian Embassy in Tokyo. In Japan but thinking about the future of Brazil.”
Moving forward, it is important to note that Cardano is poised in making great systems for financial services of the world, and it is taking a wise approach with its collaborations.…
Hyperion-Stellar Partnership Finalized — Support For Stellar’s Crypto Assets Trade About To Arrive
Hyperion and Stellar: A new partnership
According to a recent announcement by Global Blockchain Technologies Corp., it would seem that the known crypto exchange Hyperion has finally made an agreement with Stellar (XLM). The new partnership is to allow Stellar’s own crypto assets to be traded on Hyperion’s platform. This move is expected to significantly impact Stellar’s price and spread awareness of the coin and its goal even further.
Hyperion uses an alternative trading system (ATS), which was licensed by the SEC. As a part of this arrangement, previously attained via investment in DBOT (Delaware Board of Trade), Hyperion has permission to also operate as a broker-dealer. It is also expected to become North America’s first advanced security token exchange.
As many are already aware of, Stellar is a trading protocol that is used for issuing, exchanging, and transferring digital assets. It works with several other cryptocurrencies, but also with fiat currencies like the USD. Additionally, Stellar also works even with some commodity assets, like gold.
Stellar’s goal is similar to that of Ripple, at least when it comes to enabling faster and better cross-border transactions. While Ripple focuses on providing its services to banks and financial institutions, Stellar aims to provide these services to individual investors. Thanks to this, Stellar has received a lot of attention and praise from individual investors, as the general interest in cryptocurrencies grew.
Why is this partnership important?
By joining Hyperion’s…
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