There are thousands of different cryptocurrencies on the market, and Cardano (ADA) has been one of the fastest growing blockchains in the crypto industry, attracting investors’ attention. This article is based on reasons why you should invest in cardano.
Cardano becomes one of the top 10 cryptocurrencies
According to coingecko statistics, cardano is a rising cryptocurrency with over 10 billion dollars in market cap. Cardano’s secret is in it’s payment system that runs 24/7 and is transacted online.
All time high
Cardano’s all-time high of $1.18 happened 3 years ago in the january of 2018. The price of the coin dramatically increased by 95% in the last 30 days, and it is possible that will happen again.
Decentralized finance for cardano can make it possible to reach $10 at the end of 2021.
Why invest
Why should you invest in cardano when bitcoin is cruising over 30k? Because this coin’s value has been increasing day after day, and even when bitcoin decreased by 5%, this coin was still gaining value.
According to coingecko stats, bitcoin’s all time low was $67.81 in 2013. Over the years, it has increased a lot, especially when the coin reached $40,000 in 2021.
This means that if you invest $100 in cardano at the current price of ? $0.30 it will get you 333.3 cardanos. Then if the coin goes over $10 by the end of 2021, your cardano would have the value equivalent to $3333. Now that's a good investment!
