We have used the latest and most popular AI chatbot, ChatGPT, to predict the price movement of three top altcoins. The three altcoins are Mina Protocol, Internet Computer, and KangaMoon. Continue reading to see what ChatGPT has predicted for them.
Mina Protocol (MINA) has been on a bullish run in February 2024 after falling to an all-time low of $0.352 in October 2023. The DeFi token is now trading at the $0.9456 – $1.55 price range after increasing 26.6% in the past month.
This increase represents a 337.5% price jump from its all-time low. Unfortunately, Mina Protocol is still 84% below its all-time high of $9.91 reached in June 2021.
However, this could change soon given the upcoming Bitcoin halving in April. This halving has been known to spark a massive rally for altcoins and Mina Protocol could be one of them. As a result, ChatGPT is predicting a potential short-term rally to $2.82 before a massive jump to $11.40.
After suffering from bearish pressure in the past month, Internet Computer (ICP) has begun a steady price ascent to the $14 mark. Data from CoinMarketCap showed that the token has witnessed a 15.0% jump in the past week.
This 15.0% jump took the DeFi token to a high of $13.94 from its weekly low of $11.95. The latest upward price movement has also pushed Internet Computer's gains on the monthly and yearly timeframes to 4.4% and 153.0%, respectively.
The question now is whether this upward price movement will continue in the long run. Internet Computer's technical analysis currently paints a bullish picture.
Internet Computer is above the 50-Day SMA ($12.03) and 200-Day SMA ($6.38). Therefore, ChatGPT has predicted a 40.63% price surge to $ 19.40.
KangaMoon (KANG), a new meme coin, has already raised more than $137k in the first stage of its presale. The blockchain ICO is a good opportunity for investors to buy KANG tokens at a discount price.
This will allow them to generate more returns as the project grows. Meanwhile, KangaMoon is also more than a meme coin. With social-Fi, play-to-earn features, and an interesting ecology, the project stands out from the competition.
In the KangaMoon game, users can participate in contests and earn money. But what makes it attractive is its social-Fi component. Notably, KANG token holders can compete in weekly, quarterly, and monthly challenges to earn additional tokens and in-game assets. These assets can then be sold on the KangaMoon marketplace.
These features will help KangaMoon to build one of the most vibrant and engaging meme coin communities. At the moment, KangaMoon trades at only $0.005.
ChatGPT is positive about the project and forecasts a 100x increase after its launch in Q2 2024. In addition, ChatGPT believes that this token has the potential to repeat the success of top coins such as Mina Protocol and Internet Computer and even surpass them.
ChatGPT has predicted that the top altcoins – Mina Protocol, Internet Computer, and KangaMoon would see more gains in the coming months. However, ChatGPT advised investors to pay close attention to KangaMoon due to its earning opportunities and unique features.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.