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Cardano: AI-Based Price Prediction Model Expects $ADA to Rise 35% by Year End

An artificial intelligence-based price prediction model is suggesting that the price of Cardano’s native token $ADA is going to surge to trade at $0.42 by the e of this year, representing a 35% increase from the cryptocurrency’s current price.

According to NeuralProphet’s PyTorch-based price prediction algorithm, which uses an open-source machine learning framework, Cardano’s price could surge to $0.42 by the end of December. The model, however, expected $ADA to trade above $1 in September, while in reality, the cryptocurrency was struggling to surpass $0.50.

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