watch the video |Why I Bought 1 Million ADA (BEST Cardano Price Prediction)|
History of Cardano (ADA):
Cardano was started by Charles Hoskinson. When he separated from the Ethereum team back in 2014 to start his good contract block chain known as Cardano. At the side of the previous Ethereum associate, Jeremy Wood. Cardano's approach to development and options has been extraordinarily organized throughout its development. Their roadmap is fastidiously sorting out to capture any corner cases, keep the bugs to a minimum. Even on their website, they describe Cardano as peer-reviewed and evidence-based. This optical maser focus implies that Cardano is ready to be a lean powerful machine able to take the lead over its competitors. Similar to our Dodge Demon.
Cardano & ADA:
On the front page of Cardano's website, it states, Cardano exists to spread power from unaccountable structures to the margins to people.Beyond Cardano's sharing core beliefs with the world's solely succeeding warfare winner, Cardano is trying to assist second and third-world nations climb out of impoverishment and higher their individuals. Plenty of the explanation countries like Colombia or African country are troubled is as a result of they lacked the infrastructure to guard people's property. However, will individuals show proof of possession of land or farming instrumentation or A policy if the govt. or insurance firms solely have a written account leading back to once the last military coup burned all the documents in the city 5 years ago? Or paid Russian hackers to wipe those servers. If solely there was a technology that was essentially unhackable that allowed for storing dealings history. Oh, yeah, that is right! It's known as blockchain! Therefore Cardano has massive goals, has good founders, and a scientific approach to developing their blockchain assets. And it's owing to that we tend to saw the potential of what Cardano might do and wherever the ADA value might go.
ADA isn't an Ethereum killer, an ecosystem for transactions, but also it's for governance and business. Charles Hoskinson said so in a recent interview with Crypto globe. He said, “It's important to say Ethereum is killing itself. They're replacing Ethereum with Ethereum 2.0. So Ethereum 2.0 will kill Ethereum 1.0. So I think that's the Ethereum killer.” “We try to do more holistic things. It's not just, can you process smart contracts.
Cardano Price Prediction:
We bought Cardano back in Jan once it had been around 15¢ per ADA. We tend to saw its potential and we tend to massive thus we bought 1,000,000 ADA. So far, that is extremely found out well for us. Really, very well. However, that is solely the tip of the Cardano iceberg. ADA is that the crypto plus a part of Cardano, international payments within the blockchain, however, ADA right away is around $1.70 at the time of Jan. And it hasn't even launched yet. There's no smart contract dApp for Cardano yet. Crypto investors are already seeing the potential of Cardano because the roadmap is so solid. And that's where we get to our price prediction for ADA because this summer, the Alonzo hardfork is coming, and with that, Cardano gets smart contract capabilities. They just launched the testnet. And it's not launching without support. It's already got two great projects that are ready to start working with ADA smart contracts on day 1 of the Alonzo hardfork.
Our price prediction conservatively for Cardano in this cycle is a 4X from its current price of $1.70, which would be $6.80.But here's the thing that's setting ADA up for such a big pump. It’s shown amazing resilience to price fluctuations compared to other alts during this Bull Run. It smashed its all-time high repeatedly, topping at $2.30 on May 15, 2021. Since then, it's pulled back during this correction, but its prospects are still very bright. We predict, in our most bullish scenario, that ADA can hit $8 to $9 this year. So if people have been buying ADA even from its previous all-time highs in 2018, people are looking at a 900% profit on ADA.
Let's get back to crypto and gains. Occam.Fi and its OCC token are a DeFi project that's custom-built for Cardano. Its goal is not only to be the Uniswap of Cardano, but help Cardano-based projects get off the ground and get funded. It's a launchpad, but not only is it set to launch other projects, but it's doing so while keeping fees low and allowing for limited KYC, which keeps DeFi from becoming, well, not DeFi. Occam has been plugged into the Cardano development community, and by their estimation, over 3000 projects are waiting in the wings for a Cardano smart contracts platform to be listed on. This will be huge. The OCC token has only been trading since April. It's held its price above $10 for most of that time. It's too early to give a price prediction on that one, but considering that it's recovered so quickly after the market disruptions we've had recently, it should be more and healthier by the day.
So in addition to OCC, another Cardano project that's ready for the new functionality, CardStarter. CARDS is a great project and sets itself apart from other DeFi exchanges because it's the first exchange ever to ensure community project backers from financial loss in case a project fails, falls apart, or ends up being a rug pull. CardStarter is also vetting the projects they feature with a rigorous set of rules that are enforced by a separate quality assurance program. These two features add a lot of confidence and clout to the already rigorous and nerdy Cardano development system. CardStarter also launched their token CARDS back in April. And it's seen a steady price pump ever since. Coming out with a price of $3.50, CARDS is now trading today for a whopping $43. We like CardStarter so much, we partnered with them. And for transparency, we're also invested in OccamFi. But with CardStarter, look! There we are on their homepage. Oh, and look. Chainlink partnered with them too, which is amazing because Chainlink is partnered with everyone except for BitBoy Crypto. Chainlink, where's our invite? If you're interested in trading some CARDS or picking up some OCC, you can find them on Uniswap, Bilaxy, 1inch, SushiSwap and, of course, bitswapdex.io. So that's our take on Cardano and why we bought a cool millie of ADA.