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Is Ada coin a good investment?

Kevin VoigtNov 15, 2021

Yea its good long term hold. Just as in stock investing, a balanced, diversified portfolio in strong coins reduces risk. I hold ADA as a hedge against Etherium, which is the current winning crypto in the smart contract space and which I also hold.

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In this way, how much is ADA coin worth?

One ADA coin is currently worth $1.92, a slight increase compared to Thursday when it went from $0.181 to $1.86, spiking 14.73% within the past seven days, according to real time data tracked by CoinMarketCap (Note: market capitalization is constantly changing). Its market capitalization is currently $60.5 billion.

Simply so, will Cardano go to $100? In 5 years or more, Cardano might achieve greater victory as there are lots of partnerships and integrations planned down the line. This is going to impact ADA positively for the longer term. By 5 years, Cardano might hit $100.

Correspondingly, is Ada coin or token?

ADA is the token used to pay fees and use as a form of payment on the Cardano blockchain. In the crypto community, the ADA coin is usually referred to as Cardano.

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About The Author

Kevin Voigt

Kevin is an Entrepreneur, Digital Nomad, Student, and ICO Marketing Manager currently based in Berlin & Champaign. He is actively involved in the Blockchain space and has worked in numerous projects in the Silicon Valley since 2017. His interests revolve around Finance, Consulting, and Blockchain Research.

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