Cardano (ADA) Price Prediction: What to Expect in the Next 48 Hours
Published in
Mar 14, 2023
- ADA’s price has climbed over the last 24 hours as the crypto market enters a relief rally.
- The altcoin’s price broke out of a steep descending price channel over the weekend.
- US inflation data will be released later today which will impact prices in the crypto market.
Cardano is a proof-of-stake (PoS) blockchain platform designed to act as an efficient alternative to proof-of-work (PoW) networks. Recently, accusations have been made on Twitter that Cardano is too centralized, with its parent company Input Output Hong Kong (IOHK) set up in such a way that it will always have control over the network.
