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Cardano Price Poised for 600% Upsurge, ADA Price To Hit $10 This Year!

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Cardano’s ADA soared to become the third-largest cryptocurrency by market cap earlier this week. Today, ADA Price has soared to a new all-time high, increasing by another 15%. It has a market worth of $80,736,171,906.

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The token has been on a constant uptrend this month as it surged 85%. This came after  Charles Hoskinson announced a September network upgrade, dubbed Alonzo, that will enable the Cardano blockchain to perform smart contracts.

At the time of writing, ADA is trading at $2.52 up by 18.7% in the last 24 hours. It is now to be watched out for if the token will rally higher or retrace from here.

Cardano Price Smashes New Highs, $3 Could Be Imminent Today!

Founder’s Bullish Target for Cardano Price.

Popular pseudonyms trader “Crypto Kaleo” in recent tweets has made uber bullish predictions for ADA.

He says, As the price of Bitcoin and Ethereum continues to rise, many believe Cardano will follow suit in a significant way.

According to Kaleo, ADA might take off in the same way that Tron-based BitTorrent did (BTT). Between March and April of this year, the coin increased by approximately 1000 percent from $0.001 to $0.01.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Haripriya Sureban

A writer and a Crypto fanatic exploring the DeFi Space. Staying abreast on all the crypto trends and trivia is my forte. For the rest I nerd out on movies and series.

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