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TheCryptoBasic

03/10/2024

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Here is the Projected Timeline for Cardano to Reach $10.01

Cardano (ADA) proponents believe that the digital currency could see its price skyrocket to $10.01 and Changelly data provides insight into the possible timeline. The technology backing Cardano has solidified...

Here is the Projected Timeline for Cardano to Reach $10.01

Cardano (ADA) proponents believe that the digital currency could see its price skyrocket to $10.01 and Changelly data provides insight into the possible timeline.

The technology backing Cardano has solidified the confidence in its growth prospects. Judging by historical trends, The Crypto Basic reported insights from top market analyst Ali Martinez who believes ADA could rally up to $10 in the long term.

While the Martinez forecast comes with no timeline, Changelly, a crypto exchange platform has shared insights on when Cardano might print such a bullish run.

Cardano to $10 – When?

The Changelly forecast on Cardano shows promising growth starting from this month with the platform projecting a high price of $0.779606 by March 23. Looking into more emphatic forecasts for the future, Changelly pegged the potential $10.01 timeline in December 2030.

Cardano is poised to grow between 2 major extremes for the year, with predictions of a minimum price of $8.30 and an average price of $8.53. Hitting this $10.01 price valuation will mark about 1,380% from the current price of ADA pegged at $0.7333.

The projected timeline became even more intriguing when The Crypto Basic asked OpenAI’s Large Language Model (LLM) application ChatGPT to get the estimated period Cardano could hit the $10.01 price mark.

While ChatGPT initially rebelled on grounds that it was not built to offer speculations on price action, the jailbreak response said the most realistic timeline falls between 3 to 5 years. The chatbot highlighted how this time span will give Cardano the ample time it needs to properly attain maturity.

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ChatGPT on Timeline for Cardano to Hit $10

Cardano and the Bull Market

In a bid to sustain expert and investors’ expectations in the mid to long-term, Cardano may need to capitalize more on the ongoing bull market frenzy.

Bitcoin (BTC) price has recorded a new All-Time High (ATH) above $68,000. With Cardano maintaining at least a 0.95 correlation with the flagship crypto, it can ride the train in the long term.

Cardano is in correction mode at the moment, with price and market capitalization flat at 0.1% to $0.7347 and $26,073,942,501, respectively.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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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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