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If you have $1,000 to invest, is it better to buy Cardano or Ethereum?

Posted by Zsolt Pasztor on March 18, 2021 - 4:44am Edited 3/28 at 7:38am

Let's compare these cryptocurrencies to each other!

  • Ethereum

Current ethereum price is: $1.840 USD.

The live Ethereum price today is $1 837,95 USD with a 24-hour trading volume of $25 013 767 264 USD. Ethereum is down ,41% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $211 537 485 023 USD.

  • Cardano

Current cardano price is: $1.40 USD.

The live Cardano price today is $1,40 USD with a 24-hour trading volume of $9 974 397 996 USD. Cardano is down 4,25% in the last 24 hours.

According to CoinMarketCap ranking is #3, with a live market cap of $44 792 996 465 USD. It has a circulating supply of 31 948 309 441 ADA coins and a max. supply of 45 000 000 000 ADA coins.

cardano price

What is Cardano and how does it differ from other cryptocurrencies? And is Cardano a good investment in 2021 for a diversified portfolio?

Ethereum Vs Cardano

The Cardano blockchain platform was launched in 2017 as a competitor to the Ethereum blockchain. Basically Cardano offers an alternative to Ethereum.

On March 1, 2021, a “hard fork” update to the protocol turned Cardano into a multi-asset blockchain protocol, allowing users to create native custom tokens on the Cardano blockchain to run alongside the ADA cryptocurrency.

The Daedalus wallet, which holds ADA coins, is now able to send and receive Cardano native tokens.

All these developments in updating and opening up the blockchain mean great future for Cardano in 2021 and beyond that!

If you like my post, please read my previous post here: 

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Thanks for the good and clear analysis.
March 18, 2021 at 6:01am
Interesting comparison between Ethereum and Cardano, Zsolt - Markethive made a wise decision to build the wallet on the Cardano blockchain.
March 18, 2021 at 8:37am
thanks for info
March 21, 2021 at 9:46am
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