Cardano, introduced in 2017, drew inspiration from the contributions of the Italian polymath Gerolamo Cardano. In August 2021, Charles Hoskinson, the founder of Cardano, revealed details about the Alonzo hard fork, which led to a significant 116% surge in ADA’s price the following month.
Similarly, the introduction of the Vasil hard fork was highly anticipated by the Cardano team. Despite encountering some challenges, the project was successful.
As of March, Cardano’s price had reached $0.6038. Recent data indicates a drop in ADA’s value by 10% over the past 24 hours. Considering the negative trend in the broader cryptocurrency market, let us see how high ADA can go before March end.
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ADA March-End Price Prediction
Various factors, including market conditions, price action, developments, supply, and use cases, will influence whether ADA experiences a price change this March end.
Drawing insights from ADA’s performance earlier in 2024, cryptocurrency experts at Changelly predict Cardano’s price during March end. They anticipate a potential price range with a minimum of $0.59 and a maximum of $0.680 within this timeframe. Additionally, experts expect ADA to trade at an average price ranging between $0.590 and $0.680 over this period.
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According to the latest CoinGecko data, Cardano is trading at $0.6038, reflecting a 10% drop in value over the last 24 hours. However, the predictions can greatly depend on the overall market conditions.
CoinGecko data shows that ADA is up by almost 76% year-to-date. The coin has, however, dropped by 5% in the last 30 days. Nevertheless, ADA still has a long way to go before hitting its previous all-time high of $3.10, which it hit in September 2021. The latest data shows that ADA boasts a market cap of $21.2 billion.