Cardano to Dirham
1 ADA 1.25 AED
-0.01 (-1.05%) today
to Converter
Live Cardano Chart
Trends over time
1 Day
1.26 AED
(-1.05%)
1 Week
1.26 AED
(-0.75%)
1 Month
1.48 AED
(-18.72%)
1 Year
3.28 AED
(-162.59%)
What is Cardano?
Cardano is a decentralized proof-of-stake (PoS) blockchain built to be more efficient than proof-of-work (PoW) networks. Cardano's development is based on critical tenets such as scalability, sustainability, interoperability, rising costs, energy consumption, and slow transaction times.
Is Cardano a good investment?
As the blockchain becomes faster and more reliable, its real value to users rises, and so should the value of ADA. Cardano (ADA) could reach $1 again, according to Motley Fool experts, making it a good investment right now. Of course, cryptocurrency is volatile and always a high-risk investment.
The Cardano Ecosystem significantly incentivizes ADA tokens to rise in value. Many new projects chose the fair-launch program to distribute their tokens. That is, ADA holders can delegate tokens to project pools or related partners in hopes of earning project tokens even without ADA rewards.
In 2022, many experts believe Cardano will have a promising future. Cardano may reach a new high due to ongoing developments in the Cardano ecosystem and the crypto asset market as a whole. Cardano (ADA) 2027 is expected to cost $5, according to experts.
Historical growth of Cardano?
On November 30, 2017, ADA reached a low of $0.08, marking the start of the first market cycle. After that, ADA started to move up very quickly. It increased by 47% per day, or 1,645 percent, in just 35 days.
On January 4, 2018, the price of this movement reached a high of $1.40.
After peaking, ADA started a prolonged correction that lasted 799 days. Nearly all of ADA's value was lost during this time, with the lowest point occurring on March 13, 2020, at $0.017.
Cardano (ADA) had a market capitalization of US$5.5 billion at the beginning of 2021, with 1 ADA worth US$0.18. The market cap reached USD 49 billion at a price of USD 1.46 for one ADA token as 2021 came to a close.
Early in September of the same year, ADA also momentarily hit an all-time high of USD3.03 and a market capitalization of USD97.52 billion.
According to CoinMarketCap, Cardano experienced a significant decline in 2022, from a high of $3.10 in September 2021 to just over 0.47 cents in July. However, only 75% of the total supply of coins is currently in use, so investors still have room to amass coins.
How and when to buy Cardano?
You must use a cryptocurrency exchange to convert your fiat (Sterling) money into cryptocurrency to purchase Cardano (ADA). The next step is to choose a payment method for your Cardano ADA. Once your account has been set up and funded, go to the Cardano ADA page on the website or app and enter your preferred investment amount. Finally, pick a storage medium, such as a wallet, to store your funds.
In the past year, Cardano has emerged as one of the most active and busy digital assets in the cryptocurrency space. In light of this, it is realistic to state that ADA is a good investment choice.
Please remember, though, that Cardano and other digital assets are extremely volatile. Therefore, it is wise to conduct research before investing in Cardano or any other crypto asset.
Interested in Cardano?
Invest in Strategies related to Cardano
Heru Finance offers its users a wide range of expertly managed baskets containing a variety of carefully selected tokens offering desired returns on investments.
Explore Strategies
DeFi Innovation
Generate long-term wealth by investing in Decentralized Finance Fund that is actively managed
Since Inception return
56.43%
3M Return
10.87%
Earn up to $100.00 per month for every $1,000 invested.
Current AUM:
$68,516
Money Market Maker
Liquidity Farming and hedging fall in token prices.
Since Inception return
34.7%
1Y Return
48.16%
Earn up to $83.33 per month for every $1,000 invested.
Current AUM:
$23,438
What does Heru Finance offer?
Best crypto strategies
Best crypto strategies
Crypto moves fast. Our portfolios are rebalanced regularly by industry veterans, ensuring they are optimized for exceptional returns.
One-Tap Investing
One-Tap Investing
Simply choose an investment strategy and make a deposit in just a few clicks. We support stable coins - USDC, USDT and other 100+ tokens from any external wallet.
No Investment Cost
No Investment Cost
We do not charge any fees if your investment was not profitable for you. We may charge a nominal performance fee when you redeem from your profitable investments.
Best Investor Experience
Best Investor Experience
At Heru Finance, we know how important your finances are to you and we pride ourselves on going over and beyond for our investors. Join our discord community for additional help.
Crypto Native
Crypto Native
Heru Finance was founded specifically to democratize access to web3 investing. Our domain expertise has always been and always will be solely focused on web3. We're not just another financial platform-hopping on the crypto bandwagon, we are crypto-native.
Multi-Layer Security
Multi-Layer Security
We use Fireblocks, world’s #1 custodian and services top crypto exchanges. We have up to $30M in insurance for issues that arise to the funds in custody, smart contract interaction/theft. We actively evaluate every protocol for risks, check for smart contract audits by leading firms like Certik and rebalance portfolios for risk management.
Frequently Asked Questions
How can I get started with Heru Finance?
What is the minimum amount that I can invest?
What payment methods are available to invest in the Strategies?
Are there any fees for the investment?
When can I redeem my investments?
How can I withdraw my investments?
ADA to other currencies
ADA
USD
ADA
INR
ADA
IDR
Other Tokens in AED
MATIC
AED
ETH
AED
SOL
AED
UNI
AED
BTC
AED
DOGE
AED
DOT
AED
XRP
AED
BNB
AED
AVAX
AED
TRX
AED
AAVE
AED