In the cryptocurrency market, one of the altcoins that has attracted the most attention in recent months is ADA, whose future was addressed by ChatGPT in response to questions. The answers indicate that the altcoin could once again draw attention. OpenAI’s ChatGPT made a bullish prediction for Cardano (ADA), suggesting a potential rise in its price by 2024.
ChatGPT’s Extraordinary Prediction
ChatGPT made an ambitious prediction that ADA could reach $10 within 6 to 12 months. This increase could represent an incredible 1,534.25% surge from its current price of $0.6196 at the time of writing. Such a price increase could also potentially move ADA up the ranks in the list of top cryptocurrencies.
ChatGPT’s response was as follows:
Considering past growth rates, it’s hard to predict exactly when Cardano will reach $10. However, considering significant market events like Bitcoin‘s halving in April 2024, it’s conceivable that Cardano could gain momentum. I predict it could rise to $10 in the next 6 to 12 months. Remember, these predictions are subject to market fluctuations and unforeseeable events.
While ChatGPT’s ADA price prediction for 2024 is not definitive, it is based on solid foundations such as the expected Bitcoin halving next year. According to ChatGPT, this momentum could lead Cardano (ADA) towards the ambitious $10 target, closely watched by investors.
Although this price prediction is exciting for Cardano holders, the uncertainty in crypto predictions must be acknowledged.
Despite the risky nature of the market, ChatGPT’s prediction can be described as a fascinating glimpse into the potential future of Cardano (ADA). Reaching a point more than three times its previous all-time high of $3.10 could significantly impact the crypto market.
Cardano (ADA) Price
Cardano saw a 1.44% increase over 24 hours, and a 9% increase over a 7-day period. A broader review shows a 57.73% rise on a monthly basis, and a 141.11% increase over a year.
The volume of transactions in the last 24 hours remained stable at $718 million. Looking at the overall market volume, we also see stability, with the value hovering just below the $22 billion mark.
