GrokAI predicts the prices of Bitcoin, Solana, and ElHippo in 2024Elon Musk's stunned new chat robot does not like to make specific predictions about the cryptocurrency market, or more specifically, its programming does not allow it to do so.However, through some creative jailbreak questioning, it is possible to bypass the imposed limitations of artificial intelligence language models such as ChatGPT and Grok, provide them with real-time market data, and use these tools to predict prices based on previous behavior seen on charts
GrokAI predicts the prices of Bitcoin, Solana, and ElHippo in 2024
Elon Musk's stunned new chat robot does not like to make specific predictions about the cryptocurrency market, or more specifically, its programming does not allow it to do so.
However, through some creative jailbreak questioning, it is possible to bypass the imposed limitations of artificial intelligence language models such as ChatGPT and Grok, provide them with real-time market data, and use these tools to predict prices based on previous behavior seen on charts.
GrokAI 2024 Bitcoin Price Forecast
GrokAI analyzed recent Bitcoin price activity and predicted that BTC will once again reach a historic high in 2024, although it is currently unclear whether Bitcoin will hit a higher peak.
AI cited "increasing adoption rates", "bitcoin ordinal numbers", and institutional investments to indicate that with increasing global interest in the cryptocurrency industry and rising FOMO sentiment, bitcoin may climb to the 60k/70k range in 2024. Bitcoin may go higher, but it depends on factors that are currently unpredictable, such as the level of institutional interest and the global regulatory level of the encryption industry.
Although not very specific, it is worth noting that artificial intelligence has indeed predicted the bull market in Bitcoin and the entire encryption industry.
GrokAI's Price Forecast for Solana in 2024
Grok pointed out that
Solana looks like it will become a true competitor to Ethereum in 2024, "he added, adding that the currency may surpass previous historical highs or even higher. Due to Solana's low market value, if the project continues to catch up with Ethereum in terms of availability and targets Ethereum's share in the decentralized application market, its price may increase significantly
Solana's market value is actually quite high, exceeding $20 billion, ranking sixth in the entire industry. However, in terms of market value, the project is still ten times smaller than Ethereum, which is likely what Grok refers to in this example. He stated that if the developer continues to make it competitive, Solana may reach a price growth level similar to Ethereum. Grok predicts that SOL will reach a price range of $350 by 2024.
GrokAI's Price Forecast for ElHippo in 2024
ElHippo is a more difficult to predict token as it was launched in August, so there is less data available for Grok to analyze. However, with a market value of only $5 million, ElHippo is a bullish lunar landing plan, in stark contrast to the more important cryptocurrencies included in this list.
Grok, pleasepoint out
The price trend of ElHippo looks reminiscent of SHIB and PEPE in the early stages of these projects. They stated that if HIPP continues to maintain an upward trend, there may be explosive exponential price growth. However, as a low market value token, HIPP is also an extremely risky investment
At present, the trading price of HIPP is $0.000000006655, which has a lot of room for maneuver. Grok predicts that "if HIPP continues to gain attention on social media, its price may increase more than 100 times to reach $0.0000007
The ElHippo team is funding ongoing meme competitions and airdrops, including a $700 giveaway every two weeks, making price increases possible.
Can AI really predict price trends?
What artificial intelligence can truly do is analyze historical price data before and make assumptions about possible future activities. Although the predictions in this article are meaningful based on previous price history, they should not be seen as deterministic, but rather as interesting insights into the types of analysis that publicly accessible chatbots are becoming capable of.
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