Why Hoskinson CERTAINLY believes Cardano ADA Will Reach $1000 | Price Prediction
Cardano was created in 2017 by Charles Hoskinson as an energy-efficient alternative to Ethereum. Given Ethereum’s growing gas cost, the proof of stake crypto is a flexible alternative. There are currently 32 billion ADA tokens in circulation, out of a total supply of 45 billion.
Cardano has the potential to become the most valuable green cryptocurrency on the market. It uses a proof-of-stake mechanism to lower miner rewards while increasing network efficiency. It also has a number of triggers that could help it break beyond the $10 barrier in the near future.
Since its inception, Cardano has shown nothing but promising growth. Those who have invested in it have had nothing but praise, except for the price fluctuations from time to time. Still, one can’t complain about that because, let’s face it, it’s a volatile industry, and price fluctuations are unavoidable. What matters is that Cardano has always managed to get back on its feet following a crash and that it continues to expand with each passing day.
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