If you’ve been paying attention to the crypto market in recent years, there’s a good chance you’ve heard Cardano’s (ADA) name being thrown around.
Many crypto investors see long-term potential in ADA, but some are wary of its instability. This article will break down Cardano price predictions and why some investors are looking at AltSignals’ ASI token, which is now in its presale, for more prospects.
Cardano’s outlook for 2023 and beyond
Throughout 2021, Cardano saw a significant amount of traction, which garnered the interest of many investors in the crypto market. With faster transaction times than Ethereum and Bitcoin, Cardano also brings lower costs and energy usage to the table. It also aims to deliver these benefits without cutting corners on scalability and security.
Although cryptocurrency had a great year in 2021, it saw quite a downturn throughout 2022. Some of this comes from the general crypto market condition, but worries about ADA’s tardy development may also play a part.
Back in September, Cardano underwent an upgrade called the Vasil hard fork. There was a lot of controversy over this upgrade as it was released to help Cardano offer more scalability, functionality, interoperability, and overall performance. This has inherently brought the ongoing discussion about the cryptocurrencies future and changing sentiments when it comes to Cardano price predictions.
Will Cardano (ADA) reach $6.00+?
That’s quite a jump from where Cardano sits right now, and you’d be right, but looking at the short and long-term potential is essential. Many analysts, such as Wallet Investor, CaptainAltCoin, CoinCodex, and the like, offer insight into the cryptocurrency’s future.
One of the highest price predictions right now comes from PricePrediction.net. They predict that Cardano can reach over $6.00 by the year 2030. Compared to many other predictions, this would be a relatively bullish take.
Another long-term prediction from CaptainAltCoin states that ADA could land somewhere around $2.11 by 2030. They feel the cryptocurrency can surpass $4, but not until 2040. This has brought up more conversation among crypto investors about the cryptocurrency’s instability and why AltSignals’ ASI token may be a decent alternative.
What is AltSignals’ ASI token?
Considering the benefits of artificial intelligence, natural language processing, and machine learning in predicting market trends, AltSignals will be adding an AI tech stack element for their dedicated investor community. It aims to provide advanced sentiment analysis, optimized risk management, and accurate, automated trading. With their AI ecosystem, AltSignals claims to give ASI token holders a significant advantage in the market.
The ASI token will also open access to the company’s AI ecosystem, ActualizeAI, currently in development. investors’ access to this ecosystem directly correlates to the number of tokens in their wallets. This is a big part of the company’s incentive to attract crypto investors.
Holding ASI tokens will also give investors early access to their new AI algorithm, ActualizeAI. These benefits sound excellent; it’s also essential to understand the token’s utility.
AltSignals’ token utility will focus on the following key points:
ActualizeAI (AI algorithm)
Future AI-powered products
The AI Members Club
Exclusive presale opportunities
Trading tournaments
Community governance
It’s evident that the ASI token plans to bring fresh opportunities to the cryptocurrency market and AltSignals. Although the company aims to offer its investors numerous benefits, it hopes to impact the market by giving traders a better chance at success.
How the ASI token will change the signals industry
AltSignals aims to assist traders with the help of artificial intelligence. The company has previously sent traders over 1,500 signals with a track record of 64% accuracy. Their new AI layer will combine machine learning and natural language processing (NLP) to achieve the best results possible.
AltSignals’ linear regression model will predict the future prices of assets with surprising accuracy. As they move forward with ActualizeAI, the company will eventually shift to predictive modeling.
This will give crypto investors accurate predictions of future market trends long before they come to light. The company’s integration of artificial intelligence on multiple fronts makes it a powerhouse for accurate signals and analysis.
Is ASI worth buying?
At this time, AltSignals is focused on the presale of its ASI token. According to its website, ASI is currently offered at $0.012 per token and has sold approximately 30.76% of available tokens. Not only does the roadmap look quite promising, but the company already has a pretty impressive track record and could offer a 100x return for presale investors.
It’s also the perfect time to promote this narrative of artificial intelligence in the crypto market, as AI has rapidly taken the world by storm over the last year. The technology is finding its way into every industry, and AltSignals aims to be a leader in AI for the crypto signals market. Considering it’s still early in the roadmap, taking advantage of their presale could be a sound investment.
You can participate in the AltSignals presale here.
The post Cardano Price Predictions – Heading To the Moon? Crypto Investors Turn To AltSignals’ ASI Token for More Price Movement appeared first on CoinJournal.