DeekSeek, a top China-owned AI chatbot, has predicted that Cardano could rally to double digits before the end of the bull cycle.
Notably, TapTool, a top trading platform native to the Cardano ecosystem, shared the prediction in a recent tweet. Per the post, DeepSeek projected an optimistic target for ADA during this bull cycle and identified key drivers for the parabolic expansion.
Cardano Going to $10?
DeepSeek revealed that Cardano could trade between $5 and $10 by the end of the present bull cycle. This would culminate in massive gains for holders, especially those who will maximize the recent dip.
For context, Cardano is down 7.9% since the start of the week, currently trading at $0.79. If it reaches the $5-$10 price predicted by DeepSeek, this will represent a 532% to 1,165% upsurge from here.
Meanwhile, DeepSeek’s prediction was not merely speculative; the chatbot highlighted possible drivers for this bullish price shift. First, it identified the fundamental growth of the Cardano ecosystem as a massive propellant.
Notably, the Cardano network has enhanced its scalability with the introduction of Hydra. The scaling protocol surpassed the 1 million transactions per second threshold during testing in the Doom gaming competition, and its integration as a layer 2 has significantly enhanced Cardano’s scaling capabilities.
DeepSeek also highlighted TVL growth, widespread DeFi adoption, the supply chain, and its now fully decentralized governance system as a demonstration of the fundamental development of the Cardano ecosystem.
Basho Phase, Strong Community, and Bull Market Momentum
Furthermore, the AI model noted that Cardano’s realization of its roadmap for scalability and optimization makes it more viable for institutional use cases. DeepSeek termed this the “Basho Phase Focus,” suggesting that the ecosystem’s continued development is a major lure for mainstream adoption.
It also lauded the efforts of the ever-loyal Cardano community, citing this as a bullish indicator. The engaged community and their participation in network activities, such as staking, would improve the security and stability of Cardano.
Additionally, DeepSeek tapped ADA’s historical performance in a bullish market setting to drive further upside. It claimed that a combination of the aforementioned fundamentals and positive sentiments from past performances would drive Cardano to the $5-$10 price target.
Analysts Agree With DeepSeek’s Cardano Price Prediction
Interestingly, the $5 and $10 targets for Cardano are a common expectation among market analysts. For context, Alex Becker predicted that ADA would easily rally to $5 this cycle, with Mr. Banana insisting that those who sell below the $5 target did not fully realize Cardano’s bullish potential.
For the $10 target, Dan Gambardello shares the same outlook. He referred to the target as realistic for this cycle, agreeing to an outlook from the AI-powered Zero platform. Meanwhile, Cardano SPO Ssebi also predicted that Cardano would reach $10 this cycle, citing a similar driver with DeepSeek.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
