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When Will Cardano Take Off? - Global Coin Report
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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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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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