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 February, Cardano’s price had reached $0.5363. Recent data indicates a drop in ADA’s value by 4.4% over the past 24 hours. Considering the positive trend in the broader cryptocurrency market, let us see how high ADA can go this Valentine’s Day.
Also read: Cryptocurrency: 3 Coins To Watch This Valentine’s Day
ADA Valentine’s Day Price Prediction
Various factors, including market conditions, price action, developments, supply, and use cases, will influence whether ADA experiences a price change this Valentine’s Day.
Drawing insights from ADA’s performance earlier in 2024, cryptocurrency experts at Changelly predict Cardano’s price on Valentine’s Day. They anticipate a potential price range with a minimum of $0.497 and a maximum of $0.586 within this timeframe. Additionally, experts expect ADA to trade at an average price of $0.534881 on Valentine’s Day.
Also read: Cardano (ADA) Could Surge 32% Soon, Here’s How
According to the latest CoinGecko data, Cardano is trading at $0.536, reflecting a 4.4% drop in value over the last 24 hours. However, the predictions can greatly depend on the overall market conditions.