Artificial Intelligence (AI) chatbots Google Bard and ChatGPT share insight on the potential timeline for the Cardano (ADA) price to hit $10, $20, and $30.
Despite Cardano being tagged one of the most innovative protocols in the blockchain scene, its best price is pegged at an All-Time High (ATH) of $3.10.
This valuation is considered conservative for what Cardano has to offer. A recent query uncovered that AI chatbots Google Bard (now Gemini) and ChatGPT are optimistic about ADA soaring as high as $10, $20, and even $30.
For reference, the coin is currently changing hands at $0.5862. This entails that a surge to the $10 mark will imply a growth of 1,605.9% from the current level. Here’s what the AI chatbots think.
Gemini on Cardano Long-Term Growth
When fed with the prompt “When will Cardano price hit $10, $20, and $30?” Google Gemini noted that with the volatility in the crypto ecosystem, pinpointing a specific timeline for the price may be a difficult thing to do.
However, the chatbot pointed out the key forecasts from top analysts in the industry and the rationale for their price targets. It noted that ADA is projected to hit a price of $10 by the end of 2024, citing key fundamentals like adoption and steady upgrades as the potential key catalysts that can fuel this rally.
Meanwhile, according to the chatbot, the $20 price target may be achieved from 2025 to 2027. However, the growth will not come unless there’s widespread market adoption and sustained confidence in the network.
Gemini asserted that the $30 price range will not be achieved until 2027 or 2030. It only expects ADA to hit this target amid unforeseen market trends and favorable regulations.
The ChatGPT Assessment
The jailbreak response of a similar prompt on ChatGPT gave a slightly varied projection with a 12 to 18-month timeline to hit the $10 price mark.
ChatGPT believes it might take about 2 to 3 years before the coin can grow to $20. With conditions almost similar to Gemini’s, ChatGPT pegs the timeline to hit $30 for ADA at 3 to 5 years.
Notably, Cardano has very modest forecasts from market analysts ahead of the Bitcoin halving event. The protocol has been developing at a very fast pace, and the fundamentals to support this growth forecast in the long term are inherent in the ecosystem.
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