CARDANO ADA: Is Cardano still worth buying? $ADA Price Prediction 2024

CARDANO ADA: Is Cardano still worth buying? $ADA Price Prediction 2024

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Is cardano actually dead? or will it start to recover in 2024? Cardano was one of the top performing cryptos in the last bull run but since the FTX implosion and ADA deslistings, it has been on a consistent decline.

Today we will dive deep into cardano from an unbiased perspective, we will go over its technology, ecosystem, and adoption it plans to achieve in the next few years, and make sure to watch until the end because I will give you my full price prediction for Cardano by the 2024 bull run peak.

There are hundreds of bad coins out there in the market, but there are a few coins out there are worth taking the risk and holding on to them for the long run, such as Ethereum, Cardano or Polygon Matic and Bitcoin. So be sure to watch the video " CARDANO ADA: Is Cardano still worth buying? $ADA Price Prediction 2024" To get a better idea of the ROI investing $1,000 or $100 invested in Cardano (ADA) will give us!

Now, first! what is Cardano? Now, if you’ve heard of Bitcoin and Ethereum before, which both have recently reached all time highs before going through a correction..well then maybe you might have heard of Cardano, as it is currently the 5th cryptocurrency by market cap. Now, Cardano is a third generation cryptocurrency and it is setting out to solve many of the problems that Bitcoin and other earlier cryptocurrencies have. Also, the creator of Cardano is Charles Hokinson, who was one of the co-founders of Ethereum..

Now, in my opinion Cardano currently has the most growth potential out of majority of the alt coins out there because Cardano operates on a proof of stake model, which means that this allows ADA holders to stake their ADA, and staking will allow ada holders to put their ADA in a staking pool and get paid in ADA in an annual rate of 5 percent just for holding.

Cardano will soon include "smart contract" capabilities, which entails adding code that allows automated, self-executing contracts to be created. Developers may use smart contracts to construct apps on top of blockchain platforms like Ethereum's Uniswap decentralized exchange. Smart contracts underpin the whole decentralized finance (DeFi) business, with Ethereum accounting for the majority of it, and Cardano is ready to enter the fray.

DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment.

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Видео CARDANO ADA: Is Cardano still worth buying? $ADA Price Prediction 2024 канала Wagner Saucedo