Cardano (ADA): News Hebdo – Analysis – Price Prediction for Crypto-ADA





Cardano was designed to evolve in the same way as Ethereum, as a blockchain running smart contracts. Due to its superior scalability, high fees and high transactional underperformance, it is ranked as the second largest cryptocurrency.

Cardano (ADA) price: what is the current price?

Here is the live price of Cardano.

Cardanos today’s news per. 18/05/2022:

Cardano is in a turbulence zone! According to data provided by FXStreet, the number of whales (large wallets), which hold between 1 million and 10 million ADA, has increased from 2589 to 2540 over the last two weeks. This is a sign of a lack of interest on the part of the big investors for the project, while the rumors large-scale fraud for Cardano blockchain swells.

Note, however, that there is good news, as the number of Cardano wallets has simultaneously exceeded the symbolic mark of 3.6 million.

For one of the engineers of the Cardano project, we need to stay safe because this project may one day overtake Ethereum. ” Cardano is in my opinion in every way Ethereum blockchain superior […] It is a project based on a proof-of-stake model », Argues Michiel Bellen.

In terms of the long-term price, WalletInvestor looks ADA approaching the dollar in a year at a price of $ 0.89, almost double the current price.

@cardano_hval @coryklippsten @KalKassa Welcome as much excavation work as possible. There is nothing to hide. Just listening to progress, building and a massive community. Keep making public defamatory statements to a large audience that are permissible.

Medium term opinion: This may interest you: Solana (SOL) Opinion: Should you invest at the current price? Analysis, prediction and weekly news.the price can go down to $ 1.2.

Long-term notice : The support at $ 1.2 is a zone of strong rebounds that can allow Cardano to reach $ 2.

Our overall opinion on crypto (ADA) for 2022

  • ADA Global Mirror Mag Rating: 7/10

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The Cardano project has seen increased popularity in 2021 with advances in the smart contract project. On the other hand, the fact that the network does not have DeFi functionalities, a disadvantage, and other more competitive blockchains like Solana overshadows it.

The ADA has shown high volatility in 2021 and has risen from $ 3 to $ 1.2. Other newer cryptocurrencies have proven to be more stable over the same period.

The price could be around $ 1 for a while.

ADA’s long-term prospects are mixed, with a distribution of $ 1 expected due to the loss of competitiveness in their blockchain.

Conclusion – should you invest in Cardano crypto? Where and how to buy it?

Faced with competition, Cardano is losing ground, and other cryptocurrencies like Solana will overshadow it.

To trade with this cryptocurrency, the eToro broker is the most suitable. In addition to buying tokens, this platform allows you to trade short-term crypto-CFDs without having to hold tokens.

  • Step 1 : use the search bar on the eToro platform to find the cryptocurrency.
  • Step 2 : then click “Invest” to enter the amount of cryptocurrency to buy and validate the transaction.

Read this article to find out how to buy cryptocurrency on eToro.

68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

To invest in this cryptocurrency by holding them in a wallet, go to the Binance platform.

  • Step 1 : go to the “Buy Cryptos” tab and then select the payment method of your choice.
  • Step 2 : select the crypto you want to buy and proceed to secure payment. Thereafter, the cryptocurrencies will be credited to the dedicated wallet.

Read this article to find out how to buy cryptocurrency at Binance.

Useful Resources for Investing in Cardano (ADA)

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