Cardano ADA Plummets Below $0.20 as September Brings Worst-Case Scenario

The price of Cardano's ADA token has dropped below $0.20 and is heading into its worst month yet, according to Gemini. The AI-powered chatbot predicted that the worst-case scenario for ADA in September is a collapse to $0.10.

Three popular AI-powered chatbots - ChatGPT, Perplexity, and Google's Gemini - provided their insights on Cardano's prospects in September. While ChatGPT remains slightly bullish, predicting a volatile month with trading between $0.18-$0.27, it warned that a hike in interest rates could send ADA back to $0.18.

Perplexity described the coming month as 'challenging' and highlighted $0.21 as the make-or-break level for Cardano. If ADA fails to hold above this mark, it may expose $0.17 and potentially drop to $0.14-$0.15.