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Crypto News: Cardano Price Predictions: Where Will the Metaverse Take the ADA Crypto?

After a blockbuster week for Cardano (CCC:ADA-USD)

So, what’s going on with Cardano lately?

Well, Cardano surged this morning after reports that its recently launched metaverse game, Pavia, has seen virtual land prices surge. As per CoinDesk, plots of Pavia have sold as high as $45,000 dollars on the Cardano non-fungible token (NFT) marketplace CNFT. More than 60% of land parcels were pre-sold, sometimes months in advance, ahead of its recent release.

Well, Cardano surged this morning after reports that its recently launched metaverse game, Pavia, has seen virtual land prices surge. As per CoinDesk, plots of Pavia have sold as high as $45,000 dollars on the Cardano non-fungible token (NFT) marketplace CNFT. More than 60% of land parcels were pre-sold, sometimes months in advance, ahead of its recent release.

Despite the promising development, ADA’s rise was short-lived today. After jumping in early morning trading, Cardano is down more than 7% at the time of writing.

With ADA currently sitting at $1.43 per coin, let’s see if the investors are optimistic about the metaverse hype.

Cardano Price Predictions: Where Will the ADA Crypto Go?

  • With ADA currently sitting at $1.42 per token, Wallet Investor believes the coin has a skyward future ahead of it. The site has a one-year forecast of $3.027, predicting the coin will more than double by year-end. In five years, it is similarly bullish, setting a price target of $9.21.
  • Crowd Wisdom is even more bullish on the coin short-term. Its average 2022 price prediction for Cardano is $4.30.
  • Coin Quora believes ADA’s technological development and general activeness make it a strong choice going forward. And boy, is it bullish on it. It predicts the coin will break the $5 mark before year-end, even tossing around upper-end estimates close to $10. In 2025, it forecasts Cardano will spike as high as $25 per coin.

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