Saturday, June 21, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

  • Gaming
    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Crypto Casinos Made Over $80 Billion in 2024

    Crypto Casinos Made Over $80 Billion in 2024

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    How Mobile Apps Are Quietly Adopting Web3 Tech

    How Mobile Apps Are Quietly Adopting Web3 Tech

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

  • Gaming
    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Crypto Casinos Made Over $80 Billion in 2024

    Crypto Casinos Made Over $80 Billion in 2024

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    How Mobile Apps Are Quietly Adopting Web3 Tech

    How Mobile Apps Are Quietly Adopting Web3 Tech

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Altcoins

Here’s why ChatGPT expects Cardano to hit $10 by the end of 2024

November 26, 2023
in Altcoins
7
Here’s why ChatGPT expects Cardano to hit $10 by the end of 2024
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice, and is solely the writer’s opinion.

Amid the ongoing bull run, Cardano [ADA] concluded its 2023 Summit in Dubai earlier this month. The project’s co-founder Charles Hoskinson shed light on some crucial matters on the sidelines of the event. In particular, he emphasized the importance of building a unique global governance system acceptable to authorities from across the world. This way, an alternate legal system around the smart contracts ecosystem can be built, recognized by institutions from across the world.

Hoskinson’s concerns are critical for us to understand how the crypto industry is trying to develop a global governance and legal infrastructure in the face of a myriad of regulatory actions across the world.

Let’s dive right into the history of the cryptocurrency that still remains one of the most popular proof-of-stake- (PoS) based projects.

Cardano—a PoS warrior

After Ethereum [ETH] co-founder Charles Hoskinson left the project due to disagreements, he teamed up with another wizard who used to work at Ethereum, Jeremy Wood. The duo began working on the development of the Cardano project in 2015. The project finally got launched two years later in 2017.

The Cardano blockchain uses a proof-of-stake (PoS) consensus mechanism. Its PoS protocol is called Ouroboros that can run both permission-less and permissioned blockchains. Hoskinson is very appreciative of Ouroboros due to its energy efficiency.

PoS is frequently contrasted with proof-of-work (PoW) as both consensus mechanisms are behind most of leading blockchain networks. It is critical at this juncture that we understand what both these mechanisms are and how they differ.

A consensus mechanism consists of the rules and protocols that govern how a blockchain network reaches an agreement on its state. PoW requires the utilization of computational power by miners to solve challenging mathematical riddles and validate transactions. Instead of requiring miners to solve problems, PoS requires validators to stake some of their coins as collateral.

PoS is considered more scalable and energy-efficient than PoW. The Cardano network was one of the early adopters of the PoS mechanism.

A long series of updates

In the beginning, the Byron Era laid the groundwork for Cardano. It established the mainnet and introduced other foundational tools. A federated network, dominated by Input Output Global and Emurgo, marked the inception.

The Shelley Era witnessed a hard fork in July 2020, with Cardano transitioning from centralized Byron rules to a decentralized setup. The community’s stake pool operators took the reins, showcasing Cardano’s commitment to decentralization.

The following Goguen Era unveiled progressively. It brought forth features such as Smart Contracts and dApps. The Goguen Era took place in three steps: Allegra, Mary, and Alonzo eras.

The Allegra Era introduced token locking support. The Mary Era pioneered native tokens and multi-asset functionality. The Alonzo Era enabled smart contract support, solidifying Cardano as a versatile platform for diverse applications.

The subsequent Basho Era focused on scaling and optimization. Innovations included sidechains for enhanced network capacity and the introduction of parallel accounting styles, broadening use cases, and interoperability.

The latest Voltaire Era is focused on decentralized governance, empowering the Cardano community with voting rights on network evolution, technical enhancements, and funding decisions.

Is ADA a security?

Since its launch in 2017, ADA has emerged as the eight-largest cryptocurrency. At press time, its market cap stood at $13 billion. Its price has risen more than 50% since the recent crypto rally began in mid-October.

Cardano’s cryptocurrency is named ADA after Augusta Ada King, Countess of Lovelace (1815–1852), who is commonly regarded as the first computer programmer.

When the Securities and Exchange Commission (SEC) in the United States sued Binance [BNB] and Coinbase [COIN] in early June this year, the regulating body included ADA in its newly classified list of securities.

Cardano vehemently dismissed the SEC’s claim that ADA can be viewed as a security.

“Regulation through enforcement action does not provide either the clarity or certainty to which both the blockchain industry and consumers are entitled. By design, blockchain is transparent, auditable, immutable, and fair. It needs regulation that recognizes those values and understands the role blockchain can play in a modern world.”

What’s this buzz around ChatGPT?

Besides DeFi and crypto, another major development that has grabbed public attention is ChatGPT. It is an OpenAI-developed large-scale artificial intelligence (AI) language model trained on an enormous amount of data. This allows the bot to understand and generate responses to complex queries from the user.

It is a language model whose primary purpose is to generate responses like a human. The bot can make logical inferences if presented with data from the indicators and can even analyze multiple indicators to make an overall inference.

See also  NEAR gains 62% in two weeks: Are more gains likely?

Although it tries to be accurate, the user must verify the information it generates as the bot isn’t 100% accurate. It merely mimics a human. This is an important distinction as it forces the prerogative of the user to fact-check and verify what ChatGPT says.

Can ChatGPT help me find some answers about Cardano and ADA?

I decided to test if ChatGPT can answer some of my queries regarding the Cardano network and its native token, ADA.

At first, I asked it about the impact of the Ripple [XRP]-SEC verdict have on the status of ADA (Cardano’s native token) as a security.

The court had given a ruling in July that while the institutional sale of XRP tokens constituted a sale of securities, the programmatic sale of those tokens to retail investors didn’t meet the criteria of being a security agreement.

ChatGPT said its limited knowledge until January 2022 made it unaware of a definitive verdict on the Ripple case.

It was at this point that I decided to jailbreak it using the DAN (Do Anything Now) prompt.

chatgpt ada

Source: ChatGPT

While the classic version said it didn’t have access to real-time information, the jailbroken version talked at length about the potential implications of the Ripple-SEC verdict for ADA.

But the bot said the verdict sent shockwaves through the crypto space. This is completely untrue as the crypto community celebrated the verdict as a partial victory for Ripple.

The bot further claimed that ADA emerged relatively unscathed as regulators provided clear guidelines distinguishing it from securities. This again is completely false as the regulating body had specifically classified ADA as a security in its lawsuits against Binance and Coinbase. Recently, the SEC again reiterated its claim regarding ADA being a security in its latest lawsuit against Kraken crypto exchange.

Let’s look at the daily price chart

chatgpt ada

Source: ADA/USD, TradingView

ADA was exchanging hands at $0.3961 at the time of writing—a surge of nearly 60% since the bull run began in mid-October. Now, let us look at some of the on-chart indicators of ADA.

Both its Relative Strength Index (RSI) and Money Flow Index (MFI) rested comfortably above the neutral 50-level. The metrics suggested a further bullish price movement in the short run.

It’s here that one should note that besides technical skills, a trader’s experience is of great importance in anticipating a price rally.

ChatGPT predicts the performance of ADA

I asked ChatGPT what it thought the price of Cardano would be by the end of 2023.

chatgpt ada

Source: ChatGPT

The bot claimed ADA will become one of the top-performing cryptocurrencies, thanks to its groundbreaking developments, widespread adoption, and a surge in demand. But it refused to provide a specific price prediction.

I again asked it the same question using a different jailbreak prompt. (There are hundreds of such prompts available online.)

chatgpt ada

Source: ChatGPT

This time, the bot was able to provide a clear answer but seemingly, a preposterous one. It said it expected ADA to rise to $5—a 12x surge within a month. Though the world of crypto is indeed very volatile and unpredictable, a 12x surge within a month is a very tough task—nearly impossible—given the metrics.

I then asked it to predict ADA’s price towards the end of 2024.

chatgpt ada

Source: ChatGPT

The bot said ADA will reach $10 by the end of 2024—25x surge within a year. It looks like the bot assumed it would anyway hit $5 by December 2023 and keep rallying further.

What separates a good trader from a bad one?

It is possible to go on and on taking different indicators together, altering and tweaking their input values, and backtesting their signals. However, we shall move towards risk management. Risk management is what separates a trader from a gambler. It also helps undercut the emotions a trader might feel during a trade.

Fear almost always arises when the trader has risked more than they can stomach. This can negatively impact profitability.

Diversification is necessary because crypto is a highly volatile market. The assets are, for the most part, positively correlated with Bitcoin.

Conclusion

ChatGPT predicted ADA will reach the price mark of $10 by the end of 2024. Its on-chart metrics also suggested a further price rally.

However, it is important to remember that though ChatGPT responds to humans, it isn’t 100% accurate. Diligent traders must analyze on-chart indicators and the latest news to make their investment decisions.

READ ALSO

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

Toncoin heats up: What does $398M in trading volume indicate?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice, and is solely the writer’s opinion.

See also  How To Bridge And Trade On The Injective (INJ) Network

Amid the ongoing bull run, Cardano [ADA] concluded its 2023 Summit in Dubai earlier this month. The project’s co-founder Charles Hoskinson shed light on some crucial matters on the sidelines of the event. In particular, he emphasized the importance of building a unique global governance system acceptable to authorities from across the world. This way, an alternate legal system around the smart contracts ecosystem can be built, recognized by institutions from across the world.

Hoskinson’s concerns are critical for us to understand how the crypto industry is trying to develop a global governance and legal infrastructure in the face of a myriad of regulatory actions across the world.

Let’s dive right into the history of the cryptocurrency that still remains one of the most popular proof-of-stake- (PoS) based projects.

Cardano—a PoS warrior

After Ethereum [ETH] co-founder Charles Hoskinson left the project due to disagreements, he teamed up with another wizard who used to work at Ethereum, Jeremy Wood. The duo began working on the development of the Cardano project in 2015. The project finally got launched two years later in 2017.

The Cardano blockchain uses a proof-of-stake (PoS) consensus mechanism. Its PoS protocol is called Ouroboros that can run both permission-less and permissioned blockchains. Hoskinson is very appreciative of Ouroboros due to its energy efficiency.

PoS is frequently contrasted with proof-of-work (PoW) as both consensus mechanisms are behind most of leading blockchain networks. It is critical at this juncture that we understand what both these mechanisms are and how they differ.

A consensus mechanism consists of the rules and protocols that govern how a blockchain network reaches an agreement on its state. PoW requires the utilization of computational power by miners to solve challenging mathematical riddles and validate transactions. Instead of requiring miners to solve problems, PoS requires validators to stake some of their coins as collateral.

PoS is considered more scalable and energy-efficient than PoW. The Cardano network was one of the early adopters of the PoS mechanism.

A long series of updates

In the beginning, the Byron Era laid the groundwork for Cardano. It established the mainnet and introduced other foundational tools. A federated network, dominated by Input Output Global and Emurgo, marked the inception.

The Shelley Era witnessed a hard fork in July 2020, with Cardano transitioning from centralized Byron rules to a decentralized setup. The community’s stake pool operators took the reins, showcasing Cardano’s commitment to decentralization.

The following Goguen Era unveiled progressively. It brought forth features such as Smart Contracts and dApps. The Goguen Era took place in three steps: Allegra, Mary, and Alonzo eras.

The Allegra Era introduced token locking support. The Mary Era pioneered native tokens and multi-asset functionality. The Alonzo Era enabled smart contract support, solidifying Cardano as a versatile platform for diverse applications.

The subsequent Basho Era focused on scaling and optimization. Innovations included sidechains for enhanced network capacity and the introduction of parallel accounting styles, broadening use cases, and interoperability.

The latest Voltaire Era is focused on decentralized governance, empowering the Cardano community with voting rights on network evolution, technical enhancements, and funding decisions.

Is ADA a security?

Since its launch in 2017, ADA has emerged as the eight-largest cryptocurrency. At press time, its market cap stood at $13 billion. Its price has risen more than 50% since the recent crypto rally began in mid-October.

Cardano’s cryptocurrency is named ADA after Augusta Ada King, Countess of Lovelace (1815–1852), who is commonly regarded as the first computer programmer.

When the Securities and Exchange Commission (SEC) in the United States sued Binance [BNB] and Coinbase [COIN] in early June this year, the regulating body included ADA in its newly classified list of securities.

Cardano vehemently dismissed the SEC’s claim that ADA can be viewed as a security.

“Regulation through enforcement action does not provide either the clarity or certainty to which both the blockchain industry and consumers are entitled. By design, blockchain is transparent, auditable, immutable, and fair. It needs regulation that recognizes those values and understands the role blockchain can play in a modern world.”

What’s this buzz around ChatGPT?

Besides DeFi and crypto, another major development that has grabbed public attention is ChatGPT. It is an OpenAI-developed large-scale artificial intelligence (AI) language model trained on an enormous amount of data. This allows the bot to understand and generate responses to complex queries from the user.

See also  XRP bulls assemble as XRPL upgrades to 2.1.0

It is a language model whose primary purpose is to generate responses like a human. The bot can make logical inferences if presented with data from the indicators and can even analyze multiple indicators to make an overall inference.

Although it tries to be accurate, the user must verify the information it generates as the bot isn’t 100% accurate. It merely mimics a human. This is an important distinction as it forces the prerogative of the user to fact-check and verify what ChatGPT says.

Can ChatGPT help me find some answers about Cardano and ADA?

I decided to test if ChatGPT can answer some of my queries regarding the Cardano network and its native token, ADA.

At first, I asked it about the impact of the Ripple [XRP]-SEC verdict have on the status of ADA (Cardano’s native token) as a security.

The court had given a ruling in July that while the institutional sale of XRP tokens constituted a sale of securities, the programmatic sale of those tokens to retail investors didn’t meet the criteria of being a security agreement.

ChatGPT said its limited knowledge until January 2022 made it unaware of a definitive verdict on the Ripple case.

It was at this point that I decided to jailbreak it using the DAN (Do Anything Now) prompt.

chatgpt ada

Source: ChatGPT

While the classic version said it didn’t have access to real-time information, the jailbroken version talked at length about the potential implications of the Ripple-SEC verdict for ADA.

But the bot said the verdict sent shockwaves through the crypto space. This is completely untrue as the crypto community celebrated the verdict as a partial victory for Ripple.

The bot further claimed that ADA emerged relatively unscathed as regulators provided clear guidelines distinguishing it from securities. This again is completely false as the regulating body had specifically classified ADA as a security in its lawsuits against Binance and Coinbase. Recently, the SEC again reiterated its claim regarding ADA being a security in its latest lawsuit against Kraken crypto exchange.

Let’s look at the daily price chart

chatgpt ada

Source: ADA/USD, TradingView

ADA was exchanging hands at $0.3961 at the time of writing—a surge of nearly 60% since the bull run began in mid-October. Now, let us look at some of the on-chart indicators of ADA.

Both its Relative Strength Index (RSI) and Money Flow Index (MFI) rested comfortably above the neutral 50-level. The metrics suggested a further bullish price movement in the short run.

It’s here that one should note that besides technical skills, a trader’s experience is of great importance in anticipating a price rally.

ChatGPT predicts the performance of ADA

I asked ChatGPT what it thought the price of Cardano would be by the end of 2023.

chatgpt ada

Source: ChatGPT

The bot claimed ADA will become one of the top-performing cryptocurrencies, thanks to its groundbreaking developments, widespread adoption, and a surge in demand. But it refused to provide a specific price prediction.

I again asked it the same question using a different jailbreak prompt. (There are hundreds of such prompts available online.)

chatgpt ada

Source: ChatGPT

This time, the bot was able to provide a clear answer but seemingly, a preposterous one. It said it expected ADA to rise to $5—a 12x surge within a month. Though the world of crypto is indeed very volatile and unpredictable, a 12x surge within a month is a very tough task—nearly impossible—given the metrics.

I then asked it to predict ADA’s price towards the end of 2024.

chatgpt ada

Source: ChatGPT

The bot said ADA will reach $10 by the end of 2024—25x surge within a year. It looks like the bot assumed it would anyway hit $5 by December 2023 and keep rallying further.

What separates a good trader from a bad one?

It is possible to go on and on taking different indicators together, altering and tweaking their input values, and backtesting their signals. However, we shall move towards risk management. Risk management is what separates a trader from a gambler. It also helps undercut the emotions a trader might feel during a trade.

Fear almost always arises when the trader has risked more than they can stomach. This can negatively impact profitability.

Diversification is necessary because crypto is a highly volatile market. The assets are, for the most part, positively correlated with Bitcoin.

Conclusion

ChatGPT predicted ADA will reach the price mark of $10 by the end of 2024. Its on-chart metrics also suggested a further price rally.

However, it is important to remember that though ChatGPT responds to humans, it isn’t 100% accurate. Diligent traders must analyze on-chart indicators and the latest news to make their investment decisions.

Tags: CardanoChatGPTexpectsHereshit

Related Posts

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor
Altcoins

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

June 25, 2024
Toncoin heats up: What does $398M in trading volume indicate?
Altcoins

Toncoin heats up: What does $398M in trading volume indicate?

June 25, 2024
Another $600M Exits, Price Drops Lower
Altcoins

Another $600M Exits, Price Drops Lower

June 25, 2024
Bitcoin faces downward pressure as Mt. Gox prepares for repayments
Altcoins

Bitcoin faces downward pressure as Mt. Gox prepares for repayments

June 25, 2024
XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?
Altcoins

XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?

June 24, 2024
True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares
Altcoins

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

June 24, 2024
Next Post
Hong Kong pushes for Bitcoin, but a concern arises

Solana: Will stablecoin inflows help SOL?

Comments 7

  1. 93hjq says:
    2 weeks ago

    cost of clomiphene price where to get clomiphene no prescription can you get cheap clomid prices clomid pills price at clicks clomid chart get cheap clomid prices how can i get cheap clomiphene price

    Reply
  2. cheapest cialis says:
    2 weeks ago

    Proof blog you procure here.. It’s obdurate to espy great worth article like yours these days. I really comprehend individuals like you! Take guardianship!!

    Reply
  3. flagyl for urinary tract infection says:
    1 week ago

    Greetings! Jolly useful advice within this article! It’s the scarcely changes which liking obtain the largest changes. Thanks a a quantity quest of sharing!

    Reply
  4. txitb says:
    1 week ago

    azithromycin 500mg pill – purchase tinidazole pills metronidazole 400mg for sale

    Reply
  5. fb0nl says:
    7 days ago

    buy rybelsus without a prescription – semaglutide 14 mg usa cyproheptadine 4 mg drug

    Reply
  6. mpr7t says:
    5 days ago

    buy motilium generic – buy generic motilium cost flexeril

    Reply
  7. db43s says:
    3 days ago

    inderal 10mg sale – buy generic inderal online buy methotrexate tablets

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Mantle and Ondo Finance launch RWA-backed USDY yield token

Mantle and Ondo Finance launch RWA-backed USDY yield token

November 7, 2023
Puffer Finance hits $850 million in TVL, now second-largest liquid restaking protocol

Puffer Finance hits $850 million in TVL, now second-largest liquid restaking protocol

February 12, 2024
Bitcoin above $90K – $5.42 billion in profits despite rising sell pressure means…

Bitcoin above $90K – $5.42 billion in profits despite rising sell pressure means…

November 16, 2024
Ethereum: These 4 ‘culprits’ fueled sell-offs, 7% price fall

Ethereum: These 4 ‘culprits’ fueled sell-offs, 7% price fall

April 14, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Animoca Brands partners with Cross the Ages to support the launch of blockchain game
  • From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining
  • A Step-by-Step Guide for Beginners

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.