There have been some exciting developments for investors in ADA Cardano. Its value has recently been at a low yet stable value of 15c which could be seen as discouraging to some. The coin spiked in value earlier in the year before dropping to disappointing lows.
Experts in Cardano are seeing this drop as simply a symptom of a healthy market. Even Bitcoin has become a victim of this recent value volatility, yet when you take this coin as an example for the entire market it becomes clear that Cardano will not stay at such a low value for long.
Cardano is currently the 8th most valuable cryptocurrency and is likely to rise up to $4 in the coming months. It has recently been announced that Cardano will be partnering up with SIRIN LABS. This development will allow the coin to expand its applications as a currency which in turn seems likely to make it rise in value.
The integration of Cardano’s decentralised blockchain ecosystem with Emurgo, a developer of commercial venture could be seen as a game changer.
The most significant development is the proposed production of the world’s first ever blockchain smartphone and computer. FINNEY devices will come with the capability of keeping users connected to their blockchain wallets when they are abroad as well as allowing users to send secure cryptocurrency transactions.
It remains to be seen if the emergence of blockchain focused hardware will revolutionise the internet of things. However, it is sure to aid ADA Cardano in its rise in value. Because of these developments investors in Cardano should not be too worried about the recent value drop. All coins have fallen in recent months. Those who have taken advantage of the lower price in coins are likely to see significant returns when it comes to Cardano in the coming months.
Source: https://www.youtube.com/watch?v=uujsV3qIIQ4 – Great Video By Cryptocurrency Youtuber
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