At one point in time, Cardano (ADA) was one of the hottest cryptocurrencies in the world. Traders were jumping on the back of this crypto project since it provided such a positive outlook, and they were being rewarded for that. In early September 2021, ADA reached an all-time high of $2.91, and the sky really was looking like the limit.
Fast forward a little more than a year, and times have changed quite substantially. In fact, Cardano has been on a freefall since then. In the last 12 months, ADA has dropped 77.43%, all the way down to only $0.30 as of December 12 … and it just keeps dropping. In the last 30 days alone, it dropped 11.54%.
So, while many investors are hopeful that there’s a turnaround in sight for Cardano, it’s looking like that might be far-fetched. Below, we’ll take a look at the future outlook for Cardano, and also talk about four crypto projects that are promising much better returns — Dash 2 Trade (D2T), IMPT, RobotEra (TARO) and Calvaria (RIA).
Cardano Price Prediction
Can Cardano get back to its once-lofty heights? We’ll have to take a look to see.
Below is a Cardano price prediction on where the value could go in the next few years.
Year | Expected low | Expected high |
2023 | $0.669126 | $0.851615 |
2025 | $1.28 | $1.46 |
2030 | $2.80 | $2.98 |
According to the predictions above, Cardano could increase in value by about 91% between the end of 2023 and 2025. Then, if the predictions hold true, it could increase in value by about another 133% between the end of 2025 and 2030.
If ADA were a traditional investment such as a stock, those returns would certainly be impressive. In the crypto world, though, it’s not all that eye-opening. To have to wait basically three years for the value to double — and then another five years for it to double again — is essentially an eternity.
What’s more, there’s no guarantee that Cardano will actually live up to those predictions. After all, it’s been on quite the dramatic downturn so far this year, as we’ve seen already. And with a value of only $0.30 as of December 12, it needs to double in value over the next 12 months in order for it to even get to the predicted 2023 baseline laid out in the table above.
These are just a few of the reasons why crypto traders are looking at alternative investments in the market, such as Dash 2 Trade, IMPT, RobotEra and Calvaria.
Dash 2 Trade Maximizes Trading Success
Dash 2 Trade (D2T) is a new crypto insights platform that helps traders maximize their success in the market. It does so by providing traditional buy/sell signals and predictions, as well as social signals and a proprietary score for crypto presale projects. It’s this latter feature that is truly unique, and that’s helping crypto traders make savvy investment decisions.
The project has caught on so well that multiple exchanges have already agreed to list it on their platforms once it’s fully out of presale. There aren’t many tokens left in the presale stages for Dash 2 Trade, so hurry up and get in before it’s too late.
IMPT Revolutionizing Carbon Offsets
IMPT is a new carbon offset platform that’s based on the blockchain. The decentralized approach to the market is making it completely transparent, which helps prevent against fraud and double counting.Â
It is obvious that a huge number of investors understood that and decided to take advantage of the opportunity because out of the total of $20.5 million, which was raised for the entire duration of the presale, an incredible $5 million was raised in the last five days!
Impt is now listed on LBank, and traders predict IMPT might 10x After Lbank Exchange Listing.
RobotEra a Great New Metaverse Platform
On RobotEra (TARO), users can become robot avatars and help to rebuild the beautiful planet of Taro. On this sandbox-like, planet-rebuilding metaverse, people can create whatever they can imagine to make the planet a better place. When they do so, they can create robot companions and even collaborate with other users.
Then, everyone can come together to experience what everyone has created. This will result in new NFT communities being created, which boosts the value of the $TARO token that’s at the heart of the ecosystem’s currency. RobotEra is in presale now, so act fast before all the available tokens are gone.
Calvaria Attracting New Players
Calvaria (RIA) is an exciting new battle card P2E game that’s attracting players in an exciting way. By providing a free-to-play version, it’s onboarding new players by getting them comfortable with crypto gaming before they have to invest any money. As they play, they are given highlights of how much they would’ve earned in the P2E version — where players truly own everything they earn.
Calvaria is in presale right now, but it won’t be for much longer. So, act now before all the available tokens are gone.Â
Go for These Cryptos as ADA Slump Looks Set to ContinueÂ
It seems that the time for Cardano to shine has come and gone … and it may never return. Investors are holding out hope that ADA could rise up again, but the predictions and reasons laid out above say otherwise.
That’s why you should avoid purchasing Cardano, as the ADA slump looks set to continue. Instead, buy Dash 2 Trade, IMPT, RobotEra and Calvaria — four crypto projects that are set to soar. But, act now, as the price of these cryptos will never be lower than they are right now.Â