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Crypto Prune > News > Crypto > Cardano > AI sets DogeCoin (Doge) & Cardano (ADA) price for May 5, 2025
Cardano

AI sets DogeCoin (Doge) & Cardano (ADA) price for May 5, 2025

10 months ago 3 Min Read

The Cryptocurrency market is waiting for a new revival as Bitcoin regains its momentum. King of the Cryptocurrencies gives investors hope by inching towards the $10,000 price mark, suggesting overall the potential for market rejuvenation. In this wake, coins like Dogecoin (Doge) and Cardano (ADA) are also getting higher on radar, allowing investors to increase their price forecasts. Can both tokens charge a new high immediately? Let’s look into it.

Dogecoin price forecast

Dogecoin is one of the leading cryptocurrency meme tokens on the market. Tokens are also an integral part of the brewing ETF regime, with giants like Proshares submitting applications to the US SEC to launch Doge ETFs. At the same time, Dogecoin is also part of the rumors that rumors could unfold soon. These developments have long given headwinds towards the tokens, paving the way for Doge to climb to new price hikes.

According to Cincodex, Doge may spike and spike by May 5, 2025 to hit the $0.20 mark.

By the end of May, tokens are expected to trade at a low price level, with the price spot at a low price of $0.16.

Cardano price forecast

Cardano is another major league cryptocurrency and is now a token that is part of Trump’s official cryptocurrency. Cardano is currently at $0.70, up 3% last month. The token is currently waiting for a new network upgrade called Leios. It is set to bring Solana-like speeds to the network.

“LEIOS is closely integrated with input advocates, a parallel pipeline that separates transaction propagation from block validation, allowing the network to process multiple transactions while maintaining deterministic order and consensus security. Essentially, LEIOS is an upgrade of the execution layer that allows for rapid transaction processing that enables advanced transaction processing.”

See also  Cardano price forecast: Can ADA hit a $1 post-rate reduction?

For each CINCODEX, the ADA will trade $0.69 by May 5, 2025.

By the end of the month, tokens could surge slightly, reaching the new price mark of $0.78.

“According to current Cardano price forecasts, Cardano prices are projected to rise 11.37% by June 1, 2025 to reach $0.785255. According to technical indicators, the current sentiment is neutral. Good time to buy Cardano.

TAGGED:Cardano
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