It’s been a challenging month for Cardano ($ADA) investors, with the token’s value sinking 32% from July’s high.
However, ChatGPT has boosted the optimism of holders by providing a bullish price prediction for $ADA, speculating that the price will rebound before the end of 2023.
ChatGPT highlighted two other promising coins, Launchpad XYZ ($LPX) and yPredict ($YPRED), that it expects to grow in the months ahead.
Cardano’s Fall From Grace Highlights Lack of Investor Interest
$ADA is trading at $0.258, down 91% from its all-time high in September 2021.
Investor enthusiasm around $ADA is dwindling, with data from CoinMarketCap showing that it’s now just ahead of Dogecoin ($DOGE) in the list of the world’s largest cryptocurrencies by market cap.
Notably, Cardano has dropped down the list of the most-traded coins on the market – falling below the likes of Solana, Polygon, Litecoin, and BNB.
These negative metrics highlight Cardano’s dramatic fall from grace, which has surprised many in the crypto community, considering its strong technological foundation and previously high expectations.
As such, the current decline may prompt further analysis of the factors contributing to the ongoing $ADA selling pressure.
ChatGPT Envisions Potential for Huge $ADA Price Rebound
Despite Cardano’s steep decline, AI model ChatGPT has a surprisingly optimistic outlook on the blockchain project.
ChatGPT believes Cardano’s robust technological roadmap, pending partnerships, and smart contract adoption could catalyze a revival for $ADA.
As such, ChatGPT predicts that $ADA’s value could increase 2-5x from its current value by the end of 2023.
If ChatGPT’s estimation proves accurate, $ADA could soar to between $0.516 and $1.290.
However, ChatGPT notes that Cardano’s team would need to achieve milestones around scalability and sustainability while benefiting from a bullish crypto market for this prediction to come true.
Considering Cardano’s capabilities and potential for real-world impact, ChatGPT’s forecast provides hope for beaten-down holders.
Which Other Coins Is ChatGPT Bullish On?
ChatGPT is evidently bullish on Cardano’s prospects, but it’s not the only token that OpenAI’s model believes is primed to pump.
According to ChatGPT, Launchpad XYZ and yPredict are also well-positioned to grow in the months ahead – setting the stage for a fruitful end to 2023.
ChatGPT’s Forecasts Launchpad XYZ’s Exchange Listing Could Spark 20x Surge
Launchpad XYZ ($LPX) is a groundbreaking Web3-focused hub with many tools designed to simplify investing in digital assets like cryptocurrencies and NFTs.
These tools include a custom-built Web3 wallet, a super-fast trading terminal, an AI-powered trading assistant, and fractionalized assets marketplace.
Launchpad XYZ will also feature a “Launchpad Quotient,” a score assigned to digital assets that instantly showcases their price potential – making it easier for investors to make informed buying/selling decisions.
Underpinning all of these elements is $LPX, Launchpad XYZ’s native ERC-20 token.
As noted in Launchpad XYZ’s whitepaper, users can stake their $LPX holdings to receive additional benefits, like discounted trading fees and beta play-to-earn (P2E) game access.
Early-bird investors can purchase $LPX through the ongoing presale for just $0.0445 per token ahead of the planned exchange listings in the coming weeks.
ChatGPT believes these exchange listings could be pivotal for Launchpad XYZ, given that the project’s well-executed presale will likely catalyze price momentum.
As such, ChatGPT forecasts that $LPX could surge to as high as $0.890 by the end of the year – a 20x increase from the current presale price.
Though speculative, ChatGPT’s bullish forecast for Launchpad XYZ is based on the platform’s innovative features and strategic Web3 positioning, potentially driving post-listing momentum.
yPredict’s Revolutionary Approach Leads ChatGPT to Predict 5-15x Growth
Another coin that ChatGPT is bullish on is yPredict ($YPRED), which is also in the midst of a successful presale phase.
During this presale phase, yPredict has raised over $3.5 million in early investment by offering $YPRED tokens at a discount relative to the planned exchange listing price.
Currently, yPredict’s presale is in Stage 7 of 8, with tokens available for $0.10 – 16.67% lower than the listing price of $0.12.
Alongside the discounted $YPRED price, early investors are buzzed about yPredict’s suite of features, which includes crypto analytics and SEO tools.
This diverse approach hasn’t been seen before in the crypto market, and it has piqued the interest of many investors, leading to over 20,000 people joining yPredict’s waitlist.
Additionally, over 27,000 people are now part of the official yPredict Telegram community, showcasing the strong backing from early buyers.
ChatGPT believes this backing could prove vital, although it also expects yPredict to form strategic partnerships to boost the visibility of $YPRED.
As such, ChatGPT predicts that $YPRED’s value could rise between 5x and 15x from the current presale price, placing the token in a range of between $0.50 and $1.50.
This bullish forecast will be music to the ears of early $YPRED investors, indicating a promising outlook for the remainder of 2023.