The fact that Cardano (ADA) is 84% below the previous maximum reached in 2021 can raise doubts about the possibility.
But investor Dan Gambaldello doesn’t have them and keeps them Ada still has a big bullish path.
The novelty of this opportunity is that it has shifted from ADA to an AI model (AI) to maintain forecasts from ADA to $10 per unit. “ADA up to $10 is realistic, I’m not crazy… I wasn’t waiting at all! I was testing AI with a personalized intelligence system and demanding an ADA exit strategy. It gave me a $10 peak in ADA. But that was the reason why it was completely affected!”
He also said, “I simply asked AI for a speculative scenario. How would you climb and make a profit with this amount of ads? And it gave me an incredible answer.”
In that sense, he pulled it up to AI and assembled an output strategy based on data and risk models. If someone is 1 million square, that would be the equivalent of $580,479 at the current price.
AI proposed an exit strategy for resignation. We sold 20% of the ADA when the price reached $1, and another 20% sold $3.25, 25% to $5, and 20% when it reached $20% to $8. Investors say he had already had previous conversations with AI, but this time The bot itself included a final exit of $10.
To reach that level, the current price of the ADA, which is $0.58 at the time of publication of this memo, must be multiplied by 17.
“Why did you reach up to $10? What do you think about that?”, they were the question Gambaldello asked the AI. “I didn’t want to imply that $10 was the decisive maximum. It was just an example of building an exit strategy.
But what’s most interesting here is that during the previous cycle, they are analyzing what happens if the ADA reaches an ATH of $3.10 and the ADA reaches $10 in this cycle. As he explains, it would lead Cardano to “a potential market capitalization of $350 million.” “Bitcoin has peaked at $1.3 billion and Ethher (ETH) has arrived at about $600,000.”
Because AI is backed by comparative logic: If other digital assets already reach a larger market capitalization, ADA could have room for growth. That is, if there is enough liquidity and bitcoin in it, and the native Ethhereum Cryptocurrency rises strongly. It would be strange for other Altcoins like ADA to reach that capital letteras happened in previous cycles.
As Cryptootics reports, market capitalization is an important indicator that reflects the size and weight of the market’s assets. You can get it by multiplying the price of each unit by the amount of available currency. For example, if the currency is equivalent to 2 dollars and is 1 million units, then the capital will be 2 million units.
This means that, if you reach $10 for the ADA, the market capitalization will reach $353 billion. If this happens to current value, Cardano will become the second most valuable currency on the market.
What prices can Ada increase?
Beyond AI reasoning, and Gambardello’s optimism, It seems difficult for an ADA to reach $10 in the short term.
James Ford, a market analyst and investment group leader, is a practical investor, and is projecting Cardano “can easily exceed $2.”
On his side, market analyst Javon Marks claims that the ADA is about to enter a bullish rally with prices above $3.
However, it is important that the macroeconomic environment throws a positive signal when it estimates that Cardano prices exceed $1. This is because financial speculators prefer a stable context to place their holdings on risky assets such as cryptocurrencies. Otherwise, they will take shelter to safer instruments such as treasure ties.
On the other hand, that is important Networks increase recruitment and use cases. As Cryptonotics, one of Cardano’s founding companies, Input Output (IO) announced its alliance with Brave on May 13th.
The integration allows 86 million users to manage ADA and other native tokens from their browsers without external applications. This measure has been well received by the community and is seen as an opportunity to increase the adoption and use of the network.
This becomes related to persistent doubts about Cardano’s usefulness. Cardano’s total blocking value (TVL) remains low in front of other networks such as Ethereum and Solana. This type of new alliance could be key to increasing the demands of the ADA.
