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, as well as future Cardano price predictions.
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.
Cardano is trading at $0.2968 at press time, with a 2.3% surge over the last 24 hours. Let us look at the price prediction for ADA for November 2023.
Also read: Solana (SOL) Price Prediction: November 2023
Cardano price prediction for November 2023
Cryptocurrency experts at Changelly have predicted the price of ADA for November 2023. According to the analysts, ADA is forecast to reach a minimum of $0.270 and a maximum of $0.320. The average price of ADA is expected to be $0.295.
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.