Coinpedia's Cardano price prediction for 2023 - 0 views

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  #1 adamgil721 on 07 Dec 22

   

  Cardano continues to grow despite the current bear market that has seen a significant increase in development as well as for defi & NFT space. Cardano (ADA) is working difficult to change direction against to the trend of bears. A rejection this could put the ADA within a strong bearish stance, however the possibility of a rebound could take place.

  
  

  In a tweet from a few days ago that was shared, the IOHK announced, ADA has more than 100 new projects launched in Cardano blockchain in the past week. Additionally, the number projects currently in development has also seen an increase in importance at the same time.

  
  

  This constant growth in the network has led to an exponential increase in development of the network, as well as a excellent performance on the NFT market, and in DeFi, the total value locked (TVL) showed significant improvement in the course of time.

  
  

  Unfortunately, the revenues generated by Cardano decreased from more than $898 million down to just $182 million in the last month.

  
  

  In the overall picture, The Cardano (ADA) price is currently trading at $0.3166 with a decrease of more than 3.12 percent in the last 24 hours. The Fintech expert Coinpedia's Cardano price prediction for 2023 stands at $0.8555. Coinpedia has predicted a price for ADA up to $1.1308 and the lowest price to $0.5993 for 2023.

  
  

   

  
  

  Do you consider Cardano is a good investment in december 2022 among the newer and more successful entrants?

   

  <div class="cArrow"> </div><div class="cContentInner"><p>Cardano continues to grow despite the current bear market that has seen a significant increase in development as well as for defi & NFT space. Cardano (ADA) is working difficult to change direction against to the trend of bears. A rejection this could put the ADA within a strong bearish stance, however the possibility of a rebound could take place.</p> <br /> <p>In a tweet from a few days ago that was shared, the IOHK announced, ADA has more than 100 new projects launched in Cardano blockchain in the past week. Additionally, the number projects currently in development has also seen an increase in importance at the same time.</p> <br /> <p>This constant growth in the network has led to an exponential increase in development of the network, as well as a excellent performance on the NFT market, and in DeFi, the total value locked (TVL) showed significant improvement in the course of time.</p> <br /> <p>Unfortunately, the revenues generated by Cardano decreased from more than $898 million down to just $182 million in the last month.</p> <br /> <p>In the overall picture, The Cardano (ADA) price is currently trading at $0.3166 with a decrease of more than 3.12 percent in the last 24 hours. The Fintech expert Coinpedia's <a href="https://coinpedia.org/price-prediction/cardano-price-prediction/" rel="nofollow">Cardano price prediction</a> for 2023 stands at $0.8555. Coinpedia has predicted a price for ADA up to $1.1308 and the lowest price to $0.5993 for 2023.</p> <br /> <p> </p> <br /> <p>Do you consider Cardano is a good investment in december 2022 among the newer and more successful entrants?</p></div>

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