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Cardano Ecosystem

The Crypto Times

02/01/2024

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Grok AI Gazes into Cardano's 2024 Crystal Ball | The Crypto Times

Grok AI model has predicted steady growth for Cardano (ADA) in 2024. By December of this year, Grok expects the price range to sit between $1.20 and 1.60 dollars which signifies a 130% – 207% shoot in value...

Grok AI Gazes into Cardano's 2024 Crystal Ball | The Crypto Times

Grok AI model has predicted steady growth for Cardano (ADA) in 2024. By December of this year, Grok expects the price range to sit between $1.20 and 1.60 dollars which signifies a 130% – 207% shoot in value since its current retail price.

This optimism is drawn from possible adoption alongside DeFi’s growth, as well as general recovery within the market.

But Grok also points to dangers that might be waiting ahead and mentions competition as well as regulatory risk and technical problems. If a bearish circumstance is witnessed, then ADA might fall to levels as low as $0.35. This bearish outlook has even more weight following the current downtrend.

Though this information provided by Grok presents a lot of insight into what to be expecting as individuals or even business entities while engaging in business transactions, it is important to note that AI does not point to 100% accuracy.

Also Read: El Salvador Boosts Crypto with Bitfinex Securities Launch

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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