The development of the Cardano token was influenced by the work of Gerolamo Cardano, an Italian polymath, and it was introduced to the market in 2017. Charles Hoskinson, the creator of Cardano, provided information regarding the Alonzo hard fork in August 2021. As a result of this announcement, ADA’s price jumped by 116% the following month.
Like the Ethereum merge, the launch of the Vasil hard fork was one of the team’s most highly anticipated updates. Despite some difficulties encountered along the way, the hard fork was a success. With ADA trading in the green, let us look at the price prediction for ADA for December end 2023.
Also read: Dogecoin (DOGE) Price Prediction: December End 2023
Cardano price prediction for December end 2023
Cryptocurrency experts at Changelly have given their price prediction for Cardano ADA for December end 2023. According to the analysts, ADA is forecast to reach a minimum of $0.547 and a maximum of $0.609. The average price of ADA is expected to be $0.578. Cardano is trading at $0.5967 at press time, with a 1.35% surge over the last 24 hours.
Also read: Cardano Christmas Price Prediction, How High Can ADA Go?
The cryptocurrency market is very volatile at the moment. The prices of altcoins are displaying major volatility, as most of them have been surging in the last few days.