Sunday, January 17, 2021

Cardano (ADA) Would Surge by 500x to Attain $20 by the End of 2022 –Crypto Chartist

Cardano (ADA) is already preparing its way for growth and development across the board with the system overhauling projects that will emerge in 2020.

Sometimes at the ending of the just concluded year, the founder and CEO of IOHK, Charles Hoskinson specifically stated that Cardano will be a beast among other cryptographic projects in 2020.

All the upcoming developments could have recently prompted a crypto analyst and professional candlemaker, identified on Twitter as Beastlorion to itemize his bullish price prediction for the digital token, from 2020 to 2022. There he said ADA would surge by 500x to attain $20 by the end of 2022.

Cardano (ADA) Price would Surge by 500x by 2022

Beastlorion is a popular crypto chartist with teeming followers on Twitter. He recently shared his opinion he titled “Cardano ADA Price by year-end Prediction”.

In his forecast, he said the price of the cryptocurrency would be $0.20 by the end of this year, which will be relatively 5x the present price of the digital token.

He furthered that ADA would be $2.00 by the end of 2021, which will be 50x the present price. Conclusively, the analyst said that the price of Cardano (ADA) would surge by 500x to attain $20 by the end of 2020.

He said, “Cardano $ADA Price by year-end Prediction: 2020: $0.20 (5x) 2021: $2.00 (50x) 2022: $20.00 (500x).”

However, his prediction was greeted with lots of mixed reactions. The forecast even attracted the sentimental opinions of other cryptocurrency analysts such as Josh Rager.

Cardano (ADA) and Other Digital Currencies in the Market

Cardano (ADA) and other top cryptocurrencies led by Bitcoin (BTC), the largest digital currency in the market, have been firing on all cylinders in terms of price appreciation in the last 24 hours.

Cardano is also on the increase presently to close the gap to challenge Stellar Lumens (XLM) for a place in the 10th position once again. At the time of writing, ADA is trading at $0.044880, with a relatively 4% price increase based on 24 hours estimation.

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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