Cardano (ADA) price analysis over 2018

The price of Cardano (ADA) fell 94% in 2018

2018 was a difficult year for cryptocurrencies, with wide-scale falls in value. The price of Cardano (ADA) dropped 94.29% since it opened at $0.7100 on January 1st, 2018. It closed on December 31st, 2018 at $0.0405.

Despite the dramatic loss in value over 2018, ADA is still one of the biggest, most well known, and most widely traded cryptocurrencies around. It is often in the top 10 cryptocurrencies by market capitalisation.

Monthly ADA price (US$) and monthly change

Date Open Close Monthly change Annual change
Jan-18 0.7100 0.5090 -28.31% -28.31%
Feb-18 0.5090 0.3056 -39.96% -56.96%
Mar-18 0.3056 0.1507 -50.71% -78.78%
Apr-18 0.1507 0.3432 127.79% -51.67%
May-18 0.3432 0.2240 -34.72% -68.45%
Jun-18 0.2240 0.1381 -38.33% -80.55%
Jul-18 0.1381 0.1415 2.43% -80.07%
Aug-18 0.1415 0.1018 -28.07% -85.66%
Sep-18 0.1018 0.0851 -16.41% -88.02%
Oct-18 0.0851 0.0706 -17.02% -90.06%
Nov-18 0.0706 0.0391 -44.69% -94.50%
Dec-18 0.0391 0.0405 3.79% -94.29%

Latest Cardano price commentary

Current live ADA price information and interactive charts are available on our site 24 hours a day. The ticker bar at the top of every page on our site has the latest ADA price. Pricing is also available in a range of different currency equivalents:

US Dollar – ADAUSD

British Pound Sterling – ADAGBP

Japanese Yen – ADAJPY

Euro – ADAEUR

Australian Dollar – ADAAUD

Russian Rouble – ADARUB

BitcoinADABTC

In addition, we regularly publish an ADA price analysis:

About Cardano

Cardano claims to have changed the way cryptocurrencies are designed and developed, balancing the best of the functionality of several cryptocurrencies into one coin. The project began in 2015, the work of a global team of scientists and academics. ADA was released in September 2017.

Our site is packed full of content and resources if you want to find out more in-depth information about cryptocurrencies.

If you want to find out the latest news about ADA or cryptocurrencies in general, then use the search box at the top of this page. Here’s a couple of articles to get you started:

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.

You may be interested in our range of cryptocurrency guides along with the latest cryptocurrency news.

 

 

 

 

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

Previous Article

Circle facilitated $24 billion worth of OTC trades in 2018

Next Article

Is Ethereum lining itself up as a potential challenger to the dominance of Bitcoin?

Read More Related articles