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.
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Cardano has displayed decent gains recently with the surge of Bitcoin. It is trading at $0.2922 at press time, with a 2.43% gain in value over the last 24 hours. Let us look at the price prediction for Cardano for the end of June 2023.
Cardano price prediction for July 2023
Cryptocurrency experts at Changelly have predicted the price of ADA for July 2023. According to the analysts, ADA is forecast to reach a minimum of $0.248 and a maximum of $0.266. The average price of ADA is expected to be $0.257.
Even though we are not in an altcoin season, altcoins are definitely putting on a decent show. ADA has risen by 12% in the last seven days, with the whole market trading in the green.