Cryptocurrency

Google Bard Predicts Cardano (ADA) Price for the End of 2023

Google Bard has provided some new predictions for what the price of Cardano (ADA) will be by the end of 2023.

During the Rare Evo conference in August of this year, Cardano creator, Charles Hoskinson, said in his keynote that he believes Cardano would become the biggest cryptocurrency in the world. To achieve this, Cardano would have to become much bigger than it is now.

For the Cardano enthusiasts out there, Google Bard, the large language model run by Google, has predicted the price of Cardano (ADA) for the end of 2023.

Read Also: Charles Hoskinson: U.S SEC Is Not Coming After Cardano (ADA)

Cardano is currently trading at $0.2489 according to data from CoinMarketCap and it is currently ranked 7th according to market cap. To get to the top of the market, it will have to surpass some crypto juggernauts. Let’s see what Google Bard thinks.

Cardano (ADA) Price for the End of 2023

Bard states, “Based on the current market conditions and expert predictions, I believe that the price of ADA could range between $0.28 and $0.88 by the end of 2023. The average price could be around $0.62.”

From Cardano’s current price, one thing is for sure; Bard expects it to go up. The question now is by how much. If it settles at the lowest price point of $0.28, that will be an increase of 12.49%. This is a lot more than most coins in the market have done this year and it shows good signs for the future. If it surges to $0.62, this would be an increase of 149%, a much more significant uptrend.

Read Also: Wanchain Now Makes Connection of Cardano With Bitcoin, Ethereum, Nine Others Possible

Finally, Cardano getting to the maximum prediction of $0.88 might be a difficult task. However, Bard says, “The continued development of the Cardano ecosystem and increased adoption by businesses and institutions could support a higher price for ADA.”

Speaking further on the $0.88 price point, which is a 253.23% increase from the current price, Bard said, “I believe that ADA has the potential to reach a price of $0.88 by the end of 2023, but it is also possible that it could stay below $0.28.”

It closes the prediction advising investors to do research and understand the risks before investing in Cardano (ADA).


Follow us on Twitter, Facebook, Telegram, and Google News

Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

Recent Posts

Cardano Faces 24% Monthly Drop, AVAX Surpasses 1 Billion Transactions, Bitcoin Cash Up 11% Amid GambleFi Interest, Furrever Token Launches $20,000 Competition

In the dynamic world of cryptocurrencies, each token offers a unique journey and growth trajectory.…

45 mins ago

Experts Believe AI Will Drive Next Crypto Boom, Recommend Fetch.AI and DTX

Artificial intelligence (AI) is increasingly recognized as a pivotal force for the next surge in…

1 hour ago

Analyst Foresees 46,907% XRP Price Breakout After Bitcoin Halving

Block Bull (@TheBlockBull), a prominent crypto analyst on X, has presented a bullish forecast for…

2 hours ago

XRP Poised for Breakout? Market Analyst Targets $1.68

XRP has been the subject of much speculation lately. While the broader cryptocurrency market experienced…

3 hours ago

Top 8 Best Cryptos to Buy in 2024: BlockDAG Outshines BTC, ETH, BNB, SOL, XRP, ADA, and AVAX

As 2024 unfolds, BlockDAG (BDAG) emerges as a standout leader in the rapidly evolving cryptocurrency…

3 hours ago

Ripple v. SEC Lawsuit As of May 9, 2024: “Waiting for the Judge”

Prominent attorney James K. Filan recently announced the completion of briefings in the ongoing legal…

3 hours ago