Cardano Price for today is $0.0548692351431. Its current circulating supply is ADA 31,112,483,745 with a market cap of $1,422,598,529.
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Currently, Cardano (ADA) is trading at $0.0549 with ADA price 2.93254% up today. The market cap of Cardano is USD 1,422,598,529 with 25,927,070,538 ada circulating currently. The 24-hour price movement chart indicates that $169,271,629 worth of ADA were trading. The price peaked to $0.0542 in the last 24 hours while the lowest price was $0.0522.
As an aggregator, CoinSwitch provides a real-time Cardano price chart that enables market investors to buy and track the ADA cryptocurrency price from the leading Cardano exchange. Since its market launch in September 2017, Cardano has provided a return on investment of almost 1500%. Cardano price prediction suggest that the Cardano price is up for a long-term 3836.632239% in the ADA price value with a 5-year investment. This means that in the year 2023, the Cardano price is forecasted to stand at $2.16 . You can keep track of Cardano’s progress by adding it to your wallet portfolio.
Despite its recent market entry, Cardano has been listed for trading on leading cryptocurrency exchanges including Upbit, Binance, and Bittrex, and the New Zealand-based exchange, Cryptopia. With a current trading volume of over $169,271,629, Cardano has the potential to become among the leading cryptocurrencies globally, even ahead of the current market leaders, Bitcoin and Ethereum. Built with its own implementation of blockchain technology, Cardano is currently backed by Cardano Foundation, Input Output Hong Kong, and Emurgo.Also Read: Cardano (ADA) Price Prediction 2018 & Next 5 years
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Cardano (or ADA) has become one of the most advanced blockchain platforms, most known for projects in open-source. Financial investors are betting big on Cardano for healthy investment returns as potentials are huge. To assist investments in cryptocurrencies, CoinSwitch provides the right online cryptocurrency investment platform where investors can buy (or sell) cryptocurrencies of their choice.
Among the top aggregators, CoinSwitch compares and presents the best prices from multiple cryptocurrency exchanges and allows trading in around 300 cryptocurrencies including Bitcoin, Cardano, and Litecoin. Investors can buy Cardano or trade ADA in exchange for other cryptocurrencies of their choice. Investors can make a Cardano investment by creating a wallet address for the cryptocurrency where they want to do the trading.
They can buy a stable wallet version of ADA with its unique address or private key tag. After investment, they can buy ADA coin and use their ADA wallet for storage. Currently, one can only trade Cardano using the Daedalus wallet. As a policy, CoinSwitch does not provide any cryptocurrency wallets and neither do they request information of the wallet’s private keys from their investors.
Developed by Hong Kong-based blockchain development company, Input Output Hong Kong (IOHK), Cardano is the distributed computing platform that implements blockchain technology for the ADA coin. As a decentralised blockchain platform, Cardano is an entirely open-source cryptocurrency project. Cardano is also the first cryptocurrency platform, based on the Haskell code, an industrial product used for mission-critical systems.
With a multi-layer protocol, Cardano features a settlement layer at its foundation, linked to the control layer, which runs smart contracts. This IOHK platform is all set to launch a Virtual Reality (or VR)-based 3D tool that enables users to enable and experience blockchain technology and to interact with a Distributed Ledger Technology (or DLT).
If you are new to crypto trading, it's always advisable to learn about, what is Cardano, it's benefits and indicative return on investment.