since 2018 Cardano (ADA) has gained over 2600% in value according to CoinGecko data and is currently trading at $0.59. During this period, the cryptocurrency took its place in the top ten coins, maintaining its position as one of the largest by market value.
However, some bold predictions suggest that the best is yet to come for Cardano. Popular crypto platform Changelly revised ADA’s price predictions with its recent update and made potential time estimates for when ADA could reach between $81.52 and $100.57 per coin.
According to Changelly’s predictions, Cardano will continue to experience impressive growth over the next decade. This growth will take ADA to double-digit prices by March 2031. Changelly, cryptocurrencyHe expects it to reach $10.26 on that date.
However, it may take much longer to reach triple-digit price levels. According to the prediction table, Cardano is expected to reach its maximum price range of $100.57 in February 2040, approximately sixteen years from now. Even if this prediction does not come true, the report predicts a minimum price of $81.52 by the specified timeline.
The projected price increase represents a 16,782% increase from Cardano’s current price and could mean a huge return for investors. Changelly predicts that widespread adoption of cryptocurrencies, and the Cardano blockchain in particular, will enable it to reach these high valuations.
Google’s artificial intelligence tool Gemini shares the challenges facing Cardano reaching $100. While the AI chatbot doesn’t offer a specific timeline, it outlines some of the obstacles to Cardano reaching these levels.
For example, he suggests that factors such as “a major breakthrough in technology, widespread adoption across various industries, and a significant shift in the financial environment” could enable Cardano to potentially reach a price of $100.
Additionally, the AI chatbot states that a price of $100 would mean a market cap of $3.5 trillion for ADA. He emphasizes that this type of projection may not come true in the future, but it is a goal worth considering for Cardano.
Source : The Crypto Basic