ChatGPT and Google Bard predict strong price increases for Cardano (ADA) by the end of the year. Two AI bots are similarly bullish for Solana (SOL Coin).
ChatGPT predicts ADA price by the end of 2024
Many consider Cardano to be one of the most innovative smart contract protocols in the Blockchain ecosystem. However, its native token, ADA, is greatly undervalued. The price of ADA is at $0.53 at the time of writing. It is noteworthy that Cardano has many positive features. It has an active developer ecosystem that powers innovative products like Girolamo. They also have an active community that strengthens their core products.
While 12 months may seem like a long time, in the fast-moving crypto ecosystem it can quickly pass in the blink of an eye. It is possible to achieve a lot in this time. ChatGPT predicts that Cardano’s price could reach $5 to $6 by the end of 2024. So he notices this trend. This estimated price is far beyond the cryptocurrency’s previous All Time High (ATH) price of $3.10. Justifying its reasons for mega-targets, ChatGPT highlights the growing Cardano ecosystem and broad adoption within the broader digital currency ecosystem.
The chatbot states that with the uncertainty in the market, Cardano’s price may settle in the $3 to $4 range. This prediction is quite ambitious! However, it is much lower than the mega-projections of analysts like Dan Gambardello and Ali Martinez.
Google Bard’s view and price prediction of Cardano
Google Bard also supports the optimistic forecast regarding Cardano, although not as much as ChatGPT. The AI bot predicts an average price for ADA of $1.29, as well as a yearly high of $1.46. However, Google Bard also offers a more pessimistic forecast. Accordingly, it is possible for Cardano to drop to $0.4040 by the end of the year.
An interesting aspect of this price target from Google Bard is its connection to factors that could make or break Cardano’s growth prospects over time in focus. He suggests that regulatory clarity and developers’ consistency in introducing new products across the ecosystem could help raise the price of ADA. However, it cites competition from other blockchains as an important factor that could change the overall balance.
ChatGPT predicts SOL Coin price for the end of 2024
When asked about the prospects of Solana (SOL Coin), ChatGPT initially refuses to answer. Because it does not have the ability to speculate on the prices of assets. However, the jailbreak version predicts that the SOL Coin price will rise to the $300 to $350 price range by the end of 2024.
ChatGPT also gives a bearish scenario for the price of Solana (SOL Coin). Thus, he tries to balance his predictions. AI also creates less optimistic scenarios for Solana. This means that the SOL Coin price can trade between $200 and $250. Meanwhile, ChatGPT ends its prediction with an important disclaimer. He notes that these figures are speculative and subject to changes in real-life market conditions.
Google Bard’s SOL Coin projection
Google Bard also maintains a bullish outlook on Solana. However, their price targets are lower than ChatGPT. The chatbot aggregates predictions from platforms such as Binance and DigitalCoinPrice. Binance predicts $94.84. However, DigitalCoinPrice optimistic Solana predicts a high price of $206.85. Google Bard’s relatively conservative estimate comes with a disclaimer that these investments involve significant risks. However, potential developments in the Solana ecosystem and the overall health of the crypto market could solidify the projected bull scenario.
Solana once traded at an All Time High (ATH) of $259.5. This makes predictions from AI applications relatively attainable. Meanwhile, the bullish forecasts are in line with other long-term forecasts from companies like VanEck. However, it should not be forgotten that these are just predictions. The opinions and predictions in the article are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research.
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