AI lists 2 cryptocurrencies that could turn $10 into $1,000
Although the wider cryptocurrency market has lost more than $220 billion in value since the start of October, Finbold asked OpenAI’s ChatGPT to name two smaller cryptocurrencies that could, in theory, turn a $10 investment into $1,000 if their prices increased 100 times.
On Tuesday, ChatGPT predicted that Data Network ($DATA) and ZetaChain ($ZETA) were two cryptocurrencies that could, in theory, deliver returns of 100 times the original investment. Data Network is an open protocol designed to collect, verify, and process trusted human data for training artificial intelligence (AI) models. ZetaChain is a Layer 1 blockchain that works with the Ethereum Virtual Machine (EVM) and allows smart contracts to work across different networks.
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The AI explained that these two cryptocurrencies could see very large price increases because they have strong fundamentals and relatively small market values.
“A coin priced at $0.001 is not automatically a better investment opportunity than one priced at $1. Market value, the number of tokens in circulation, how easily tokens can be bought and sold, and the release of locked tokens are much more important when judging how much a price could rise,” ChatGPT stressed.
How these two cryptocurrencies performed on October 20
At the time of writing, $ZETA had a market value of about $68.08 million, down 1.51% over the previous 24 hours, according to data Finbold obtained from CoinMarketCap. The token’s average trading volume over 24 hours had also fallen 11.72% to about $4.02 million.
Over the past 30 days, $ZETA had risen 7.22%, even though its price had recently moved up and down within a narrow range.
Meanwhile, $DATA’s average trading volume over 24 hours jumped by nearly 65% to $24.6 million. However, its market value fell by more than 6.9% to $51.5 million. Over the past 30 days, $DATA had dropped by more than 24%, with its price at about $0.142 at the time of writing.
Despite their recent price declines, ChatGPT predicted that $DATA and $ZETA could potentially rise 100 times in value, bringing their market values to around $5.1 billion and $6.8 billion, respectively.
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