After seeing daily usage from millions of people, ChatGPT has become the go-to AI-driven tool for analyzing markets. Many estimates made by ChatGPT have not always been 100% correct but have showcased to investors the potential future, enabling them to make a more well-educated decision. When we asked ChatGPT what are the best cryptocurrencies to buy in June of 2023, it responded with Cardano, Bitcoin and Tradecurve, and we will go over why.
ChatGPT and Its Overview on Cardano
ChatGPT almost always provides neutral answers and never picks a specific side, and as a result, positive and negative outlooks were provided to investors who asked the AI chatbot about the future of Cardano.
If Cardano sees continued adoption by businesses, upgrades its technology, and sees growth in its market share, it could climb to $0.80 by the end of the year. However, if the overall market halts, the cryptocurrency is impacted by regulatory issues, or if Cardano’s community decreases, it could fall to $0.25 by the end of the year.
On June 7, 2023, Cardano traded at $0.328669. If it falls under $0.3, the bearish outlook is far more likely, but if it goes over $0.4, we could see the bullish one become a reality. Cardano was not the only cryptocurrency ChatGPT recommended, as it also mentioned Bitcoin and Tradecurve.
What ChatGPT Thinks about Bitcoin
When ChatGPT generated data on the future of the Bitcoin cryptocurrency, it gave investors perspectives from both a bullish and a bearish outlook.
On the positive side, ChatGPT noted that Bitcoin could reach between $60,000 to $100,000 by the end of 2023, driven by increased market adoption, lessened regulation, and technological advancements.
When analyzed from a bearish point of view, Bitcoin might dip to $20,000, to the lowest point of $10,000. These predictions were made on June 7, 2023, when Bitcoin traded at $26,491.41. According to the AI bot, Bitcoin has a solid future ahead if it breaks past $30,000.
Tradecurve’s Future According to ChatGPT
ChatGPT gave an answer that was far more bullish when asked about the future of Tradecurve, where it estimated a climb to $1.5 by the end of 2023. ChatGPT mentioned that Tradecurve is in the presale stage 3 where the TCRV utility token trades at $0.015. The central aspect that fueled this bullish prediction was the market’s turn towards decentralized alternatives. Tradecurve offers users borderless access to crypto and derivatives trading without KYC completion requirements.
In addition, ChatGPT noted how the TCRV utility token did see a 25% increase last week and that there is increased demand for the token by retail investors, and higher utility on the platform, with listings on Tier-1 exchanges or DEXs, we can expect its value to skyrocket by the end of the year.
All of these aspects make Tradecurve one of the best altcoins to get into on the list, and based on estimates made by the team, they will be able to onboard 100,000 users in the first three months of operation and raise $20 million during the presale, driving its technology and development forward at a rapid pace.
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