The current scenario between Russia and Ukraine is fatal for the markets, we appreciate a 70% correction of Cardano from its maximum of 3.10 dollars. According to the news that is reaching us, Cardano will triple its current price, closing at 3 dollars or more before the end of the year. Cardano will emerge as a top-performing cryptocurrency this year. If our prediction comes true, this will mean that the price will rise by almost 200%.
It has already happened on some occasions with other cryptocurrencies. Investors believe that Cardano is still in its early post-upgrade stages and is facing high volatility across the board that makes for wild price movements. There are many rumors related to the UK ad ban, cos it painted a bad image of cryptocurrencies, leading investors to dump Cardano.
It is believed that Cardano could eclipse the panel’s predictions soon, reaching $3. As well the continued rise in global cryptocurrency adoption and Cardano’s unique use cases put it in a better position to grow. It is one of the few smart contract platforms that has placed security, correctness, and decentralization at its core, backed by formal methods and peer-reviewed research. And while this means that Cardano ADA moves more spontaneously in the short term, in the long term this resiliency should support adoption by non-governmental organizations.”
