There are a few reports that claim that almost 95% of all the ADA coins are purchased from Japanese investors during its ICO. This and also the price surge at the beginning of the year, lead to a greater interest in ADA.
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This can actually lead to big gains. However, ADA has to compete with much more established coins because of its slow development.
Many believe that the value of ADA will go very high up by the end of this year but others think that Cardano is more like a long-term project that needs time before reaching a certain higher value. It is expected that the Cardano Fever will grow and will prosper based on bullish market predictions.
People say that Cardano is like a combination of both Bitcoin and Ethereum and this is one of the key elements why this currency is expected to rise. Cardano developers work hard to promote the coins as a one of a kind asset that will attract everyone from consumer to regulators. Regulators are the biggest most hesitant sector to legalize cryptocurrency.
Another important Cardano prediction states that Cardano will take the lead in the East Pacific region. The company is now working to put as much ATMs across Japan because of the higher interest for this coin in that area. They also believe that ADA will hover around the market price of $0.17. However, the cost of ADA will expectedly keep increasing because of its third-generation option that offers multiple functionalities.
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