ChatGPT, the popular AI-powered chatbot, has commented on the crypto market’s recent price spike. It has made predictions on the prices of Meme Moguls, Ethereum Classic, and Shiba Inufor the upcoming weeks. Meme Moguls is expected to be the best cryptocurrency with the biggest gains, according to ChatGPT’s prediction.
Meme Moguls (MGLS) Price Prediction By ChatGPT
Meme Moguls (MGLS) is a play-to-earn token and meme coin with real utility. Currently, the MGLS coin is valued at $0.0027 as its presale continues to gain momentum. Meme Moguls has sold over 900 million tokens so far. ChatGPT predicts a remarkable 20x increase in its value in Q1 2024.
Meme Moguls, a new ICO, wants to dominate the gaming industry by providing features not found in other meme coins. The site serves as a teaching tool for investing and wealth growth in addition to being a place for leisure.
Gamers can hone their investing methods in a risk-free setting since they start the game with a $100,000 virtual fund. Profits earned in-game can be exchanged for genuine MGLS coins, which gamers can subsequently withdraw, thus improving the gaming experience of this new ICO.
The game also incorporates a rule that encourages diversified investment. By capping investments in any one project at 20% of a player’s virtual cash, this rule promotes a responsible approach to investing in the game.
Ethereum Classic (ETC) Price Fly Past $30
After the approval of spot Bitcoin ETFs, Ethereum Classic (ETC) has experienced a significant spike. For the first time since October 2021, it is above $26 level. The increase in trading volume also reveals a high interest among traders.
ETC had on Monday hit a 7-day low of $18. Since then, the DeFi token has had a great rally that brought it above the $30 price mark. As of the data from CoinMarketCap, Ethereum Classic price increased by 53.2% in one week.
However, news of approval for spot Bitcoin ETF goes high on investors’ sentiment in Ethereum Classic. Moreover, rumours of an upcoming Ethereum ETF have driven the altcoin price surge.
With the recent upward trend, ChatGPT predicts that Ethereum Classic will continue to increase. According to the Ethereum Classic price prediction of ChatGPT, it is predicted that in a few weeks, the altcoin price will be valued at $45.68.
Shiba Inu (SHIB) Erases One Zero
Just like Ethereum Classic, Shiba Inu (SHIB) has also benefited from the positive sentiment in the market. According to CoinMarketCap data, the Shiba Inu coin has achieved a noteworthy milestone by eliminating another zero from its trading value. This DeFi token has seen a considerable price surge, increasing 11.5% on Thursday.
Likewise, Shiba inu market cap has surged 12.62% to $6,154,663,973. Despite the surge, ShihaInu remained the 16th largest token by market cap. Currently, Shiba Inu price is above the 50-day and 200-day EMAs.
According to ChatGPT’s price prediction, the Shiba Inu coin will rise to $ 0.00001900 in the coming weeks.
Final Thoughts
ChatGPT is bullish on Ethereum Classic, Meme Moguls and Shiba Inu to continue their rally into the coming months. However, ChatGPT has singled out Meme Moguls as the best cryptocurrency to look out for during this period.
According to the AI Chatbot, the gaming sector is rising, and Meme Moguls looks primed and ready to rally with the market.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/01/chatgpt-forecasts-prices-of-shiba-inu-ethereum-classic-and-meme-moguls-in-january-2024