At the end of August, the well-known artificial intelligence-enabled chatbot ChatGPT responded to a request from investors and presented its own cryptocurrency forecast. Having analyzed the market of digital assets, it made a long-term outlook for bitcoin, thus becoming the cause of numerous discussions. Traders and investors around the world are now intrigued as ChatGPT’s forecast has made it clear about equally possible bullish and bearish trends in the market.
In total, the AI-powered virtual assistant has two possible scenarios for BTC: positive and negative. However, other coins were not left out either. Wall Street Memes and Bitcoin BSC are currently on presale and have all chances to grow significantly in the future.
New cryptocurrencies that ChatGPT predicts to grow this year:
- Wall Street Memes – An affordable meme coin that will hit the cryptocurrency exchanges on September 27.
- Bitcoin BSC – a BNB version of bitcoin with passive earning features.
Wall Street Memes
The pre-sale of Wall Street Memes token, which allows holders to passively earn even more cryptocurrency, is nearing completion. Its creators were inspired by popular memes and the opportunity to resist capitalism. Such ideology instantly resonated with potential buyers – over the summer, investments in the coin exceeded $25 million. Now it is in the final stages of presale and is available for purchase for $0.0337.
Among other coins on the market, WSM stands out favorably for many objective reasons.
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First, it is the history of the emergence of not only the rebellious ideology of the project, but also the development team itself. A couple of years ago, several investors from the Reddit portal united in a group called Wall Street Bets to revolutionize the market. They started raising stock prices of once popular companies – Nokia, Blackberry and GameStop – to make hedge funds lose most of their assets. At the same time, they launched the acclaimed Wall Street Bulls, which was an instant success. In less than an hour, the NFT Bulls sold out, and the developers made a substantial profit of $2.5 million. Today they are the authors of a popular meme-coin, which demonstrates very good performance on presale. The fact is that the project attracted almost $30 million in 3 months.
Secondly, a big role in the development of the project was played by Ilon Musk. A few weeks after the official release, the entrepreneur noted the project’s posts in his X account. At that time, Wall Street Memes had more than a million people subscribed, so it’s not surprising that the pre-sale rate instantly increased after a couple of Musk’s posts. The billionaire is widely known for his ability to pummel cryptocurrencies, so his attention is often seen as a digital asset’s chance of success.
Third, the project’s fully transparent tokenomics and staking mechanism for passive earnings. Both of these factors have a positive impact on the growth of the coin’s value over the entire presale period. In the first case, users can get all 100% of the coins released by the developers, and in the second case, they can earn even more cryptocurrency.
The purchase of $WSM can be made on the official website of the project using a cryptocurrency wallet that holds ETH or USDT. The token is scheduled to be listed at the end of September, and until then its value will not exceed $0.0337.
Pros:
- The developers are offering $10,000 worth of coins per person for free.
- Ability to pay for token purchases with a bank card.
- Coming to listings on September 27 and the potential for thousand-fold growth.
Bitcoin BSC
The pre-sale of the “green” version of bitcoin was launched in early fall. Bitcoin BSC was developed on the basis of the BNB Smart Chain protocol, which increases the speed of transactions. The project raised almost $1.5 million at the pre-sale, and its price is $0.99.
Today, many people regret that they did not manage to buy bitcoin many years ago, when it cost no more than one dollar. Now investors again have the opportunity to profitably invest in an asset that has every chance of multiple growth in the future.
The new token has a number of advantages that sets it apart from other followers of the main and largest cryptocurrency. The basis of the work of $BTCBSC is the steaking mechanism. It is thanks to him that holders of digital assets will be able to passively earn cryptocurrency for a long time.
Another distinctive feature of the coin is its value, which the developers chose not by chance. It refers to the times when BTC itself could be bought for $1 or less.
One $BTCBSC today costs $0.99. You can purchase the coin on the official website of the project.
The tokenomics of the project also looks quite attractive. 29% of the total number of coins will be sold out during the presale. This will allow the team to achieve a market capitalization of $6,063,750. Also, users will receive rewards every 10 minutes for participating in the steaking pool – for this purpose the developers have allocated 69% of the coins. Thus, for a long time, users will be credited with digital assets.
Pros:
- During the presale, 100% of the total trade offer will be sold.
- Unchanged value until the very finale of the presale.
- Gas commissions are lower than ETH.
Bitcoin prediction for 2023 from ChatGPT
As already mentioned, last week the famous AI bot provided information about the future development of the largest coin on the market. The virtual assistant conducted a thorough analysis of the cryptocurrency industry and offered two completely opposite options for the development of events. In doing so, he took into account such factors as the pressure of regulators, the instability of the global economy, geopolitics and its impact on the market, etc.
Bitcoin’s optimistic forecast includes its potential fixation at $25,927. However, in case of tightening regulatory measures and general pressure on the sphere of digital assets, BTC is quite capable of falling to the minimum threshold of about $22,000.
A positive scenario for BTC will be possible if the community continues to feel interest in the cryptocurrency. Also, the inflow of institutional investors will have a positive impact.
At the moment, according to information from the portal CoinMarketCap, the price of one bitcoin is $25,741. This is 0.15% lower than it was 24 hours ago and almost 6.5% lower than last week’s figures.
Wrapping up
The digital asset market is still under a lot of pressure. On the one hand, there are regulators who are looking to impose stricter controls on cryptocurrency. On the other is the inflationary growth on the territory of the United States, which can also have a negative impact on the development of tokens. Some experts fear that a bearish trend may begin in the industry, within which many cryptocurrencies will lose their positions.
However, in order not to worry about increased asset volatility, many investors invest in pre-sale projects. They are less susceptible to market fluctuations and develop depending on the level of demand. Among the most promising presale projects right now are Wall Street Memes and Bitcoin BSC. These coins have the support of the community and can bring impressive income in the future.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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