Cardano (ADA) Best High Returns in 2018
Cardano (ADA) Best High Returns in 2018
According to CoinMarketCap, ADA stands at $0.632007, a drop of -0.06%. However, it is predicted to rise to $5.93 by the end of 2018. This makes sense to the investor who is focused on the future and is willing to buy low now and sell at a profit later. According to Hoskinson, the platforms data scaling will start to bear fruits in 2019. The thing that is holding investors back is that the technology is yet to be tested.
Cardano is facing a lot of competition from an ecosystem that is almost bursting. The likes of Litecoin are on the flanks to share a piece of the pie. These share similar aspirations while Ripple offers better functionalities for financial system app support; meaning they offer a better proposition than the little known ADA.
Lastly, many critics may argue that the value of Cardano (ADA) does not offer value for money, the end result is based on how the market will respond in 2018 and going forward. The value of current cryptocurrencies largely depend on the future market; if a coin has a bright future, investors will have trust in it, and that is what Cardano is banking on.
Referred to as the Japanese Ethereum, Cardano (ADA) will primarily be a cryptocurrency platform with ADA being the token. This is one of the many layers that comprise the system. ADA is the settlement layer. The plan is to have the currency accessible through debit cards and ATMs for the Japanese market and later beyond its borders.
The second layer of the network plan is that of control; a trusted and secure framework. As a user, you will be able to access gambling and gaming systems conveniently. Once this layer is fully implemented, identity management apps will be brought onboard as well.
Other features in the Cardano pipeline include a credit system and an automated cryptocurrency wallet that is enabled to automatically trade digital currency and fiat. This will ease the long process of converting fiat to BTC/ETH to get altcoins and vice versa.
Cardano (ADA) Best High Returns in 2018
Reviewed by mir khaleq ali
on
January 29, 2018
Rating:
Reviewed by mir khaleq ali
on
January 29, 2018
Rating:
By far the most ambitious project of all crypto, led by a team who knows what they are doing. Their code is elegant and crazy good on Github. It will be the internet of all blockchains in 2019
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