AI predicts ADA price for Christmas

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Cardano avances
  • Cardano has surged more than 37% in the past week, and investors are wondering if there is anything left to do.
  • Recently, the token reached an important milestone by reporting $70 million in total value locked (TVL), marking a 520% ​​increase since the start of 2023.
  • According to machine learning algorithms powered by artificial intelligence, the ADA will rise by about 4% on December 25.

In recent weeks, the main cryptocurrencies have risen, although some have fallen slightly. In this relatively uncertain and volatile context, investors are looking for opportunities in the market.

Concerning Cardano (ADA), its price has increased more than 70% year to date and reached a significant milestone by recently surpassing $370 million in total value locked (TVL), representing a 520% ​​jump from starting in 2023.

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What does the future hold for Cardano?

Cryptocurrencies are characterized by an increase in the last two months of the year, and based on current market movements, it can be said that 2023 will not be an exception.

To determine the future of Cardano, PricePredictions, a platform that works with machine learning algorithms powered by artificial intelligence, is used.

According to AI, Cardano will be located on Christmas (December 25) at 0.57 USD, which represents an increase of almost 4%.

At the time of writing the article, the ADA was listed at 0.55 USD after collapsing 6.5% in the last 24 hours. In any case, his weekly profit is more than 37%.

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remarkable Cardano outperforms almost 70% of the top 100 cryptocurrencies in the market so far this year, which represents an attractive sign for investors.

In addition, ADA’s market capitalization exceeded $19.5 billion, placing it in eighth place in the crypto ranking.