Beginners guide to Cardano(ADA) with a complete data oriented analysis with accurate price scaling/predictions.

in #cardano7 years ago (edited)

What is Cardano(ADA)?

Cardano is a Third Generation cryptocurrency,which aims to resolve the issues we see with major blockchain tech now;which is scalability, sustainability,and inter operability. Cardano is made up of three different companies that have distinct roles in the project......

What’s so unique about this project?

Cardano is the first project to be built on peer-reviewed academic research.And it was built from scratch using the functional programming language Haskell............

Why Cardano(ADA)?

Cardano’s goal is to create a platform for smart contracts to be utilized on, but they’re also focusing on security by utilizing a layered architecture. It’s similar to Ethereum in that it’s a platform for smart contracts, but it’s also extremely different in its underlying technology...................

Lets get a feel for Cardano data !! (Source Coinmarketcap)
For easy understanding I have used graphs,

ADA Coin Supply chart :
Supply chart cardano.png

............

Now here comes the interesting part the Price scaling / Price predictions

Lets do some data oriented Price scaling/Price prediction

Note: Price predictions have been done through various comparisons, that is relative to either Bitcoin or Total Marketcap,This is done because today Bitcoin is the basis of price calculation in cryptocurrency world.You will better understand this if you have seen how crypto price fluctuations vary with bitcoin price.So its more legit and compelling to predict or scale the prices in comparison with Total Cryptocurrency marketcap and BTC Marketcap.

For full Article Visit:

http://cryptoguide101.info/cardano-guide-price-scaling/

Binance Referral Link : http://www.binance.com/?ref=16369108

Source: Coinmarketcap and Matchcoin.info

Tipjar:

Cardano Address:

DdzFFzCqrhseF3pZN8Gu27CpeUCBXj4ug6pjGtRkMdckPSgpVksdNhyaXSEnHBFvBhJGkPXPRUHVp1WMfyb2U2YQonx5woRESaSKbEHe

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