Artificial intelligence (AI) chatbots Google Bard and ChatGPT share insights into the potential timeline for Cardano (ADA) price to reach $10, $20, and $30.
Although Cardano is ranked as one of the most innovative protocols in the blockchain scene, its best price is tied to an all-time high (ATH) price of $3.10.
This is a conservative assessment for what Cardano has to offer. A recent query revealed that Google chatbots Bard (now Gemini) and ChatGPT are optimistic about ADA rising to $10, $20, and even $30.
For reference, the coin is currently trading at $0.5862. This entails that a rise to the $10 mark would mean a growth of 1605.9% from the current level. Here's what AI chatbots think.
Gemini on Cardano's long-term growth
When fed with the claim “When will Cardano hit $10, $20, $30?” Google Gemini notes that with the volatility in the cryptocurrency ecosystem, setting a specific price timeline can be difficult.
However, the chatbot pointed out key forecasts from top industry analysts and the rationale for their price targets. He noted that the price of ADA is expected to reach $10 by the end of 2024, citing key fundamentals such as adoption and ongoing updates as potential key catalysts that could fuel this rally.
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Meanwhile, according to the chatbot, the target price of $20 may be achieved from 2025 to 2027. However, growth will not come unless there is widespread market adoption and sustained trust in the network.
Gemini emphasized that the $30 price range will not be achieved until 2027 or 2030. It only expects ADA to reach this goal amid unpredictable market trends and favorable regulations.
ChatGPT Evaluation
The jailbreak response to a similar claim on ChatGPT gave a slightly varied forecast with a 12-18 month timeline to reach the $10 price.
ChatGPT believes that it may take about 2 to 3 years before the coin grows to $20. With roughly similar conditions to Gemini, ChatGPT pegs the timeline to hit $30 ADA in 3 to 5 years.
It is worth noting that Cardano has many Modest expectations From market analysts before the Bitcoin halving event. The protocol has been developed at an extremely rapid pace, and the fundamentals to support this long-term growth outlook are built into the ecosystem.
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Disclaimer:This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
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