Price Analysis

Cardano Price Analysis: Cardano (ADA) Rises Once Again To Cross The $0.100 Mark Soon

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  • Cardano is becoming the preferred investment choice for market enthusiasts
  • Cardano may cross the $0.100 mark once again

Cardano is becoming everybody’s favorite and the founders of the currency celebrate the attention ADA is getting since past few months. There has been a considerable surge in the price of the coin, and it is gaining traction from global market players like never before. The new collaborations, increase the price, and technological improvements are some of the factors which have contributed to this ongoing success & current market trends.

ADA Price Statistics:

In the last one month, Cardano recorded a high of $0.100 before the value of the coin started falling back. It has been an exponential rise from $0.059 to $0.100. At the beginning of 2019, ADA coin was trading at $0.040, and it has shown an almost 2.5X increase in value in May. If we look at the last 30 days trend, there has been an upward movement of over 37% in the last 30 days.

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Cardano price chart - june 2

The value of ADA coin started falling slightly and is now rising up once again trading at $0.092 as shown in the graph below noted on June 2, 2019, at 04:12:24 UTC.

Cardano price chart - june 2

  • The market cap of ADA is noted at $2,406,002,821
  • The price is noted at $0.092 and 0.00001085 BTC
  • The 24 h volume has reached $171,587,802
  • The circulating supply of the coin is now 25,927,070,538 ADA
  • The ROI of the coin is 327.30%

The market analysts predict the coin value to go further up in June and cross the $0.100 milestone as well. In the last seven days, the highest price peaked at $0.096.

Cardano Price Prediction:

Cardano has attracted the interest of major market players recently, and the coin is showing positive movement throughout the year. The price of ADA may trade at $0.9 by the end of 2019 and can cross its all-time high value of $1.33 in the next two years by trading between $10 and $50.

Conclusion:

Cardano is one of the best deals of today’s time, and the long term returns on investing in this currency are almost guaranteed if we go by the predictions of major market enthusiasts.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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