Prediction: Cardano Will Be Worth More Than $1 in 1 Year

During the past 12 months, Cardano's (CRYPTO: ADA) price declined about 13% as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) rose 9% and 2%, respectively. It's still the world's 10th most valuable cryptocurrency with a market cap of about $18 billion, but it struggled even as lower interest rates generated tailwinds for the broader crypto market.Cardano also remains more than 80% below its all-time high, even as Bitcoin and Ethereum set fresh all-time highs earlier this year (though they have declined in recent weeks). But even though the bulls are shunning Cardano, I believe this underappreciated token could double to $1 within the next year.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool