When investors talk about potential cryptocurrency leaders, Cardano (CRYPTO: ADA) is often part of the conversation. There are plenty of reasons to be excited about Cardano, including the fact that it was created by Ethereum co-founder Charles Hoskinson. Ethereum is the world's second-biggest cryptocurrency and hosts thousands of decentralized applications (dApps). So it's clear Hoskinson brings invaluable experience to Cardano.
It surged more than 600% last year. And today, it's the world's sixth-biggest cryptocurrency by market value. It trades for a little more than $1. Now, investors are focused on what's ahead for this young crypto player. For instance, could it hit $3 this year?
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Source Fool.com