In recent months, Cardano (ADA) has had a hard time. Where the digital currency reached a local peak of 0.85 dollars in May, it is currently a lot worse for it. Investors is not particularly happy with the current rate of 0.58 dollars. Yet analyst than Gambardello quickly expect a parabolic rally.
Gambardello shares his plan
Gambardello, the founder of Crypto Capital Venture, says on X that an ADA rate of 10 dollars in the next bullrally is ‘realistic’. The analyst came to this conclusion thanks to a new, specialized artificial intelligence (AI) system, called Zero. This bot acts as a kind of virtual adviser who can analyze digital assets and prepare investment strategies.
If the prediction comes true, that would mean an increase of no less than 1,624 percent. In addition, the AI tool also gave advice on how you can best approach the rise to the $ 10. This way the system suggests a strategy where you take phased profit. For example, the AI advises to always sell 20 percent at crucial price levels, such as 1.50, 3, and 5 dollars.
The forecast is high, but not completely disburden. Suppose Cardano indeed reaches that $ 10, then market capitalization comes to $ 350 billion. Ethereum (ETH) achieved a total value of around $ 600 billion in the previous Bullrun. Bitcoin (BTC) is currently trading close to his all-time High (ATH) and has a market capitalization of almost 2.2 trillion dollars. Based on the scenario that these two heavyweights will rise even further during a new run, the prediction is certainly not hopeless.
According to Zero, the price of 10 dollars is not an absolute top, but a logical target point to base your exit strategy on. Round numbers, such as $ 10, often have a strong psychological attraction for investors. Take, for example, the $ 100,000 rating for BTC, which now acts as an important safety net.
Midnight as a catalyst
In addition, something exciting is waiting for investors who can simply act as a catalyst for the Cardano prize. Midnight, an innovative sidechain on Cardano focused on privacy, will soon be going live.
According to founder Charles Hoskinson, this will be a historic moment for the network and it will make unprecedented functionalities possible. Consider carrying out smart contracts with sensitive data, such as medical records or business documents.
The launch is also accompanied by an airdrop, in which people who own Ada, but also other cryptos such as Bitcoin, Ethereum or Ripple (XRP), receive free Night tokens.
Source: https://newsbit.nl/cardano-kan-naar-10-stijgen-voorspelt-expert-met-ai-analyse/
