What are the highest and lowest prices in the history of ADA coin?

The historical highest price of ADA coin is US$3.10 (September 2, 2021), and the historical lowest price is US$0.024 (December 14, 2018). Its price fluctuations are affected by cryptocurrency market trends, network development, regulatory environment and market sentiment.

Historical High and Low Prices of ADA Coin

ADA Coin, also known as Cardano, is a decentralized A digital currency known for its scalability and security protocols. Since its launch in 2017, the price of ADA coin has fluctuated greatly.

Historical High Price

The historical high price of ADA coin occurred on September 2, 2021, reaching $3.10. At the time, the cryptocurrency market was in the midst of a bull run, with many digital currencies hitting all-time highs.

Historical Low Price

The historical low price of ADA coin occurred on December 14, 2018, reaching $0.024. During the cryptocurrency bear market of 2017-2018, the prices of many digital currencies fell significantly, and ADA Coin was no exception.

Price Fluctuation Factors

The price fluctuation of ADA Coin is affected by a variety of factors, including:

• The overall cryptocurrency market Trends: The cryptocurrency market is an interconnected market, and the price of ADA Coin usually follows the trends of Bitcoin and other major digital currencies.
• Network Developments and Upgrades: Major developments and upgrades to the Cardano network, such as hard forks, may have a positive or negative impact on the price of ADA Coin.
• Regulatory environment: Government regulatory policies and regulations on cryptocurrency will affect investor confidence and demand for ADA coins.
• Market Sentiment: Investor sentiment and speculation will also affect the price of ADA Coin, leading to significant fluctuations.

Cardano (ADA) Price Analysis

As of September 26, 2024 at 11:00 UTC, the price of ADA is $0.3855. The 24-hour trading volume is $280102938.72613 and the price has fallen by 1.883% in the past 24 hours.

Price Change Factors

ADA’s price decline may be due to overall weakness in the cryptocurrency market and concerns that the Federal Reserve will continue to raise interest rates.

Future Price Trend Analysis

Due to the high volatility of the cryptocurrency market, it is difficult to accurately predict the future price trend of ADA. However, several factors could affect its future performance.

• Adoption Rate: As more users adopt ADA, its value is likely to increase.
• Regulation: If governments take regulatory measures against cryptocurrencies, it may increase their legitimacy and promote their adoption.
• Competition: Competition is fierce in the cryptocurrency market and ADA must contend with its competitors to stay relevant.

It is recommended that

conduct thorough research on ADA before making any investment decision. Carefully consider market risks as well as investment objectives and financial situation.

Short-Term Price Forecast

Taking into account current market trends and potential influencing factors, ADA’s short-term price trends are expected to continue to fluctuate. 13468650053.162 USD

Circulation: 34939946172.636Maximum supply: 45000000000

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