Bitcoin Profitability Jumps As Price Adds $1,500 In 24 Hours<\/a><\/strong><\/em><\/div>\nA good example is what is currently happening with the price of Ethereum ahead of the Merge. According to the countdown, the move to the proof of stake mechanism is less than 3 days away, and the price of ETH has already broken $1,700 once more.<\/p>\n
If this is the case with ADA, the digital asset might see a more positive movement going forward. Especially once the Ethereum Merge is completed and investors turn their focus to the next big upgrade, which is the Vasil hard fork. However, there is no way to tell how much the upgrade might affect the price of ADA, given that there is a tendency for it to be overshadowed by the Ethereum Merge.<\/p>\n
Featured image from Zipmex, chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"Cardano (ADA) remains one of the largest cryptocurrencies by market cap, but the digital asset\u2019s decline from its all-time high back in 2021 has left in its wake a lot of bearish sentiment. These sentiments have not seemed to change even through the numerous recoveries that have been recorded by the digital asset. Even now, investors do not look favorably upon the digital asset as they do not expect any significant growth from the digital asset. Investors Say $0.6 For ADA In September The \u201cPrice Estimates\u201d feature that was introduced by Coinmarketcap allows investors to be able to enter their price predictions for a cryptocurrency and the tool then takes an average of these predictions. ADA is one of the cryptocurrencies that has seen a lot of interest when it comes to this feature, attracting more than 14,000 estimates in the month of September alone. But even such interest has had no positive bearing on the expected movement of the asset for the month. Related Reading: Solana Nears 100 Billion Transaction Milestone As Price Aims For $40 The average of the submitted estimates shows that investors expect the price of the digital asset to top out at $0.61 by the time the month of September elapses. This same sentiment is carried throughout the estimates for the next six months, which gets significantly worse as time goes on. Cardano set at $0.5 | Source: ADAUSD on TradingView.com For the longer term, investors expect the digital asset\u2019s price to drop further from where it currently is, with an average estimate of $0.49 by the end of the year 2022. What this shows is that there is more positive sentiment toward the digital asset for the shorter terms. Cardano May Change Direction Now, the Coinmarketcap price estimates may show bearish sentiment, but this does not exactly mean that is how the market will go. One thing to keep in mind is that important upgrades usually have positive impacts on the price of a cryptocurrency, and with the Vasil hard fork less than a week away, there is the possibility of a turn in the tide for the digital asset. Related Reading: Bitcoin Profitability Jumps As Price Adds $1,500 In 24 Hours A good example is what is currently happening with the price of Ethereum ahead of the Merge. According to the countdown, the move to the proof of stake mechanism is less than 3 days away, and the price of ETH has already broken $1,700 once more. If this is the case with ADA, the digital asset might see a more positive movement going forward. Especially once the Ethereum Merge is completed and investors turn their focus to the next big upgrade, which is the Vasil hard fork. However, there is no way to tell how much the upgrade might affect the price of ADA, given that there is a tendency for it to be overshadowed by the Ethereum Merge. Featured image from Zipmex, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":501965,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,85835,84005,14643,79508,12332,86062],"class_list":["post-501960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-investors","tag-ada-price","tag-adausd","tag-adausdt","tag-cardano","tag-investor-sentiment"],"acf":[],"yoast_head":"\n
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This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/uniquehot.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Here\u2019s Where Investors Expect Cardano (ADA) Price To Be At The End Of September","url":"http:\/\/uniquehot.com\/news\/cardano\/heres-where-investors-expect-cardano-ada-price-to-be-at-the-end-of-september\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/cardano\/heres-where-investors-expect-cardano-ada-price-to-be-at-the-end-of-september\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Cardano.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Cardano.png?fit=1200%2C716"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","ada investors","ada price","adausd","adausdt","cardano","investor sentiment"],"dateCreated":"2022-09-12T23:00:54Z","datePublished":"2022-09-12T23:00:54Z","dateModified":"2022-09-12T23:00:54Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Here\\u2019s Where Investors Expect Cardano (ADA) Price To Be At The End Of September\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/heres-where-investors-expect-cardano-ada-price-to-be-at-the-end-of-september\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/heres-where-investors-expect-cardano-ada-price-to-be-at-the-end-of-september\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/Cardano.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/Cardano.png?fit=1200%2C716\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"ada investors\",\"ada price\",\"adausd\",\"adausdt\",\"cardano\",\"investor sentiment\"],\"dateCreated\":\"2022-09-12T23:00:54Z\",\"datePublished\":\"2022-09-12T23:00:54Z\",\"dateModified\":\"2022-09-12T23:00:54Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Cardano.png?fit=1200%2C716","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/501960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=501960"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/501960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/501965"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=501960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=501960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=501960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}