Artificial Intelligence Predicts Growth of Cardano Cryptocurrency by 55% by the End of November

Artificial intelligence has predicted a 55% increase in the Cardano (ADA) cryptocurrency by the end of November, according to the NeuralProphet algorithm, the price of the asset will reach $ 0.57.

The NeuralProphet price prediction algorithm uses PyTorch machine learning technology. According to analysts, AI predictions do not always come true, but from July 31, 2021, to the Terra collapse in May 2022, the algorithm demonstrated a fairly high accuracy. At the time of writing, ADA is trading at $ 0.40, up 6.5% over the week.

It is worth noting that not only artificial intelligence believes in the future growth of ADA — experts from the Finder analytical center are convinced that Cardano will end 2022 at $ 0.51 (not as optimistic as NeuralProphet’s forecast, but it is not out of the question). As for the future, Paul Levy, a senior lecturer at the University of Brighton and a member of the Finder team, suggested that ADA will increase to $ 1.40 by 2025 and reach $ 5.37 in 2030.

As a reminder, Cardano founder Charles Hoskinson said that cryptocurrencies can solve financial issues of Americans without the intervention of any financial institutions: «We want Cardano and cryptocurrencies in general to become the financial operating systems of the world. We need a regulatory regime that recognizes the very existence of cryptocurrencies, sees them as positive things, and values the freedom they give people.»