Gerolamo Cardano, an Italian polymath, inspired the development of the Cardano token, which debuted in 2017. Charles Hoskinson, the creator of Cardano, revealed details about the Alonzo hard fork in August 2021. As a result of this announcement, Cardano’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.
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Cardano displayed decent growth in January and February after the bear market of 2022. It is trading at $0.3814 at press time with a 5.9% gain in value over the last 24 hours. Let us look at the price prediction for Cardano for April 2023.
Cardano price prediction for April 2023
Cryptocurrency experts at Changelly have predicted the price of ADA for April 2023. According to the analysts, ADA is forecast to reach a minimum of $0.379962 and a maximum of $0.419958. The average price of ADA is expected to be $0.39996.
Even though we are not in an altcoin season, altcoins are definitely putting up a decent show. ADA has risen by 2.6% in the last seven days, 11.1% in the last 14 days, and 3.7% in the last 30 days.
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The shutdown of major cryptocurrency-friendly banks definitely had negative effects on the market. Nevertheless, the cryptocurrency market is trading in the green now. However, if the market proves to be bullish moving forward, ADA’s price can shoot up. Nevertheless, ADA has a long way to go to reach its all-time high of $3.10.