By bending the rules and jailbreaking ChatGPT, it’s possible to ask its take on current market events like crypto, which it otherwise leans away from discussing.
As an experiment, ChatGPT was fed price information and product documents like whitepapers in order to prepare it for the most important question of the century – which of these cryptos is most likely to blow up?
Apecoin (APE) Price Prediction
In some cases, the article very slightly paraphrases ChatGPT, but the meaning of all the information here remains accurate to the original analysis.
Here’s what ChatGPT had to say about Apecoin blowing up:
Apecoin (APE) is valued at $1.11 with a market cap of $409,050,556. The coin has already appreciated in price significantly and is now trending downwards. Of the total supply of 1,000,000,000 APE, over 38% of all tokens are already in circulation.
The whitepaper for this project states that 62% of the tokens are allocated to an ecosystem fund, 16% to yuga labs and charity, 14% to launch contributors, and 8% to bayc (Bored Ape Yacht Club) founders.
One issue with the tokenomics is that the BAYC NFT collection has already seen massive price inflation, with many news articles online expressing the belief that further price appreciation for this collection is unlikely.
In conclusion, Apecoin has an impressive market cap and has already seen much of the price action that the project is likely to get.
Trust Wallet (TWT) Price Prediction
Trust Wallet (TWT) is worth $0.78 with a market cap of $327,934,699 and a total supply of 999,668,148 TWT. 41% of the total supply is already in circulation.
The TWT token plays an intrinsic role in the ecosystem of Trust Wallet, which itself is a very popular Web3 wallet and decentralized crypto exchange service. TWT token allows access to the crypto space and aims to act as a governance token. To vote on decisions like new features and token listings, users need to hold TWT tokens. This token is also used to collect transaction fees for payments and for accessing DApps.
While much of the token is already in circulation, the high utility makes TWT a stable albeit slow-moving project with solid tokenomics, and it’s likely that the price will continue to gradually increase.
El Hippo (HIPP) Price Prediction
The El Hippo token HIPP is worth $0.0000000045, with all of the tokens reportedly in circulation. The market cap is $3.1 million. The max supply is 777 trillion.
Due to this project’s young age, there is less historical price information to analyze. It may be difficult to make a prediction. However, the spike in activity surrounding the project online, the strong tokenomics, and the comparatively small market cap indicate that HIPP could experience extreme upward price momentum, in the tradition of other meme coins that have been launched in the past.
HIPP is the riskiest of these three projects, and has the most potential for rapid price appreciation in the near-term to mid-term.
Despite what many believe, ChatGPT is by no means a crystal ball. It can simply read and anylze data to the best of its ability. Users looking to make an investment based on analysis provided by ChatGPT should do their own research as well.
Having said that, it’s exciting to see that we live in a world where AI is already being used to give the public never-before seen access to AI-driven price modelling and crypto analysis.