ChatGPT predicts Ethereum will rise to $50K by the end of 2023
I asked ChatGPT to analyze the historical price action and predict the performance of Ethereum, the second-largest cryptocurrency.
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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
Ethereum [ETH] is the second-largest cryptocurrency with a market cap of $230 billion. It is the bedrock of a large number of blockchain projects running successfully today.
The first quarter of the new year brought a stop to the heartbreak crypto investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of the same period. What is the sole reason, though? ChatGPT!
In fact, the natural language processing tool has accustomed itself to providing human-like conversations.
As luck would have it, ChatGPT has proven to be worthwhile for traders and analysts too. Here, it’s worth noting that these days, almost every sector and individual seems to use it to their advantage.
The good thing is— The broader crypto ecosystem has not been left out of the trend. So, with the Ethereum Shanghai upgrade set in motion, I spoke to ChatGPT about the development while touching a bit on ETH’s price.
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