The market of cryptocurrencieseven more than the traditional stock market, is subject to strong shocks and sensational peaks
After a difficult start, investors seem to have found some optimism again in 2023, with a sector that seems to have started to grow again. But what can we expect from the new year now upon us?
The site Fineball wanted to do a small experiment, asking the AI for a prediction regarding the best cryptocurrencies of 2024. Specifically, it was considered the reference point for the sector, i.e ChatGPT Of OpenAI. Apparently, the AI has examined the available data, describing a potential scenario for the coming year and the possible evolutions of the market.
However, it should be taken into account that, as with any other topic, that AI is not infallible. Therefore, we recommend considering Finbold’s experiment as a simple curiosity and nothing more.
The best cryptocurrencies? Here’s what ChatGPT thinks
As expected, among the best cryptocurrencies of 2024, ChatGPT considers in first place Bitcoin (BTC). For the OpenAI chatbot, in fact, this crypto represents a cornerstone of the market and is demonstrating an upward trend.
The second recommended currency is instead Ethereum (ETH), which in recent months has reached the highest levels of recent years. According to ChatGPT analysis, Ethereum is leading the way inblockchain innovation and plays a vital role in the cryptocurrency market.
The third name mentioned by the platform is Binance Coin (BNB). Although the crypto collapsed in June due to the lawsuit filed by Securities and Exchange Commission (SEC) and other setbacks in recent months, ChatGPT says 2024 will be good for crypto.
After a positive 2023, for Artificial Intelligence Cardano (ADA) will have another year of growth. To weigh on the evaluation of this currency, there is the philosophy of the same, based on sustainability e safety.
Finally, ChatGPT also mentions Solana (SUN), also thanks to its enormous growth (almost 800% since the beginning of the year). For the chatbot this investment would be wise, thanks to the cryptocurrency’s abilities to address previous technical challenges.
We underline, once again, how these forecasts must be taken with due caution and how the ChatGPT output should not be considered as financial advice, but as a simple test.