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Latest cryptocurrency news > Cardano (ADA) > AI’s Forecast on Crypto: Google Bard’s Analysis Predicts Cardano’s Price for 2024
Cardano (ADA)

AI’s Forecast on Crypto: Google Bard’s Analysis Predicts Cardano’s Price for 2024

BH NEWS
Last updated: 8 December 2023 19:04
BH NEWS 2 years ago
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Following the introduction of ChatGPT, interest in artificial intelligence (AI) continues, with big names like Google Bard also maintaining their investments with crypto currency analyses.

While most assets in the crypto currency sector are experiencing a strong rally, Cardano has also seen significant increases in the charts, benefiting from this rise. Finbold consulted Bard to get information about the potential price of this asset at the beginning of 2024.

According to the AI-based analysis, Cardano’s (ADA) price is projected to be between $0.4242 and $0.90 at the start of 2024. It appears that Google Bard has based its predictions on Binance Research and some analysts’ forecasts.

Bard also shared data obtained from CoinMarketCap. Accordingly, the average price prediction for 2024 is $0.515, with a minimum of $0.43 and a maximum of $0.61.

According to Cardano 360, the price expectation for 2024 is calculated to be an average of $0.70, with a low of $0.55 and a high of $0.90. Bard also made positive remarks about the ongoing development efforts of the Cardano network, which began with the Vasil hard fork in September 2022, led by Charles Hoskinson and the Input-Output Global (IOG) team.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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