Top Cryptocurrencies to Consider in 2024, According to OpenAI’s ChatGPT
OpenAI’s artificial intelligence (AI) platform, ChatGPT, has gained attention for its capabilities across various sectors, including the cryptocurrency market. As we approach the end of the year, Finbold asked ChatGPT to provide insights on the top five crypto assets that present investment opportunities in 2024. Here are the results as of October 16:
Bitcoin (BTC)
ChatGPT highlights Bitcoin as the first and most well-known cryptocurrency. It describes Bitcoin as a “store of value” and sometimes referred to as “digital gold.” Currently, Bitcoin is priced at $27,770, with a 3.23% gain in the last 24 hours and a growth of 67.7% since the beginning of the year.
Ethereum (ETH)
Ethereum is identified by ChatGPT as the second-largest cryptocurrency by market capitalization. It not only functions as a digital currency but also provides a platform for building decentralized applications (dApps). Ethereum is currently trading at $1,583.08, with a 1.67% increase in the day and a gain of 31.83% this year.
Binance Coin (BNB)
ChatGPT suggests Binance Coin, the native coin of Binance exchange. Apart from being used for transaction fees on Binance Exchange, it has various other applications such as in-store payments. The current price of BNB is $213.01, with a 2.77% gain in the last 24 hours and a loss of 12.74% in 2023.
Cardano (ADA)
Cardano is a proof-of-stake blockchain platform that aims to bring about positive global change. According to ChatGPT, it is an attractive investment option. Cardano’s price stands at $0.25216, with a 1.95% increase in the last day and a growth of 1.09% since January 1, 2023.
Polkadot (DOT)
Polkadot is characterized by ChatGPT as a multi-chain framework that supports various blockchains in a single network, prioritizing security, scalability, and innovation. Polkadot is currently priced at $3.781, with a 0.61% gain in the last 24 hours and a decline of 12.88% in 2023.
Conclusion: Do Your Own Research
While ChatGPT can provide insights into the crypto market, it is important to remember that it is an AI platform and cannot predict the future. It is crucial to conduct thorough research before investing significant amounts of money in any cryptocurrency.
By
By
By
By
