Will ADA reach $0.80 by September 30? Cardano (ADA), co-founded by Charles Hoskinson, is making waves in the blockchain world. It supports decentralized applications (dApps) and smart contracts. Recently, Hoskinson asked Gemini, a major U.S. cryptocurrency exchange, to list ADA, exciting the community.
Currently, ADA is trading at $0.3569 as per Coinpedia Markets and has seen a small rise of 1.14% in the last 24 hours. Analysts are feeling optimistic about its future. Some predict that Cardano could jump by 124%, potentially hitting $0.80 by September 30, 2024. A report from TradingShot highlights that ADA is showing strong buy signals on the weekly charts.
In terms of ADA price prediction, while TradingShot aims high with a target of $5 for ADA, another analyst known as ‘Deezy.eth’ takes a more cautious approach, forecasting that Cardano will reach $1 by December 25, 2024. As the market shifts, all eyes are on Cardano and its potential.