The rise of AI has brought new perspectives to the cryptocurrency market, making it easier for investors to conduct research and analysis.OpenAI’s model ChatGPT has been the most-used analytical tool, offering objective price predictions for hundreds of coins and tokens.This article explores ChatGPT’s price forecasts for three trending cryptos, Bitcoin Cash, Ethereum Classic, and Bitcoin Minetrix, discussing whether they could be in line for a lucrative 2024.ChatGPT Predicts Bitcoin Cash Could See Strong Gains in 2024 The first cryptocurrency that ChatGPT highlighted is Bitcoin Cash (BCH), which is up 24% in the past seven days.
With BCH currently trading at $295, the AI model considered recent market-moving events like the approval of 11 spot Bitcoin ETFs in the US.ChatGPT states these ETF approvals will likely stir up positive sentiment across the crypto sector, presenting potential upside for major altcoins like BCH.Specifically, ChatGPT predicts the regulatory green light for Bitcoin ETFs may spur increased retail and institutional demand into the broader crypto market.
As a prominent fork of Bitcoin, Bitcoin Cash stands to benefit from this rising interest.If these bullish trends continue, ChatGPT projects BCH could climb to a price range between $350 and $450 by the end of 2024.However, the model notes that BCH could see even greater gains if its own fundamental developments and real-world usage as a payments coin continue growing.ChatGPT Forecasts Ethereum Classic Price Nearly Double After Upcoming Hard Fork Moving on to Ethereum Classic (ETC), ChatGPT has taken a bullish stance on the original Ethereum chain and its prospects in 2024.With ETC changing hands at $29, the model noted impressive one-week gains of 47% leading into its forecast.ChatGPT also highlighted ETC’s upcoming hard fork, scheduled for February, which aims to boost compatibility between Ethereum Classic’s EVM and the dominant Ethereum blockchain.According to the AI model, successfully implementing this hard fork could significantly increase ETC’s utility among decentralized app developers.
If more DeFi and Web3 projects build on a fork aligned with the Ethereum Classic, ChatGPT predicts increased adoption and investment inflows could push ETC to between $35 and $50 by the end of 2024.However, the model caveats its prediction on the smooth technical execution of the upcoming hard fork upgrade.
If network instability were to occur, some enthusiasm towards Ethereum Classic could evaporate – hurting the ETC price.Bitcoin Minetrix’s Stake-to-Mine Model Could Fuel 681% Growth, According to ChatGPT Alongside Bitcoin Cash and Ethereum Classic, a new player has emerged that ChatGPT is also bullish on – [ Bitcoin Minetrix (BTCMTX)](https://bs_860d4047.cryptopotato.care/?referrer=chatgpt-gives-bitcoin-cash-ethereum-classic-bitcoin-minetrix-price-predictions).Bitcoin Minetrix aims to reshape the mining sphere by utilizing a “Stake-to-Mine” model, where users can stake their BTCMTX tokens and earn cloud mining credits.These credits can then provide power to mine Bitcoin virtually.
This breakthrough makes Bitcoin mining accessible to anyone without the high barriers to entry of specialized gear or software.Bitcoin Minetrix also has [ a high-yield staking protocol for BTCMTX](https://bitcoinminetrix.com/en/dashboard) – with more than 531 million tokens staked already.Given its innovative Stake-to-Mine features, ChatGPT is optimistic about Bitcoin Minetrix’s growth potential.With BTCMTX on offer for $0.0128 in its ongoing presale, the project has already raised over $8.2 million, indicating strong investor demand.Looking ahead, ChatGPT sees several catalysts that could push BTCMTX’s price higher in 2024.
These include the simplicity of cloud mining and high APY staking rewards, which may attract new and experienced investors.Considering these growth factors, ChatGPT predicts that if Bitcoin Minetrix can ride post-listing momentum and investor interest, the BTCMTX price could reach $0.05 to $0.10 by the end of the year.Should this scenario play out, it would mean returns of 290% and 681% for those who invest in the presale today.[Visit Bitcoin Minetrix Presale](https://bs_860d4047.cryptopotato.care/?referrer=chatgpt-gives-bitcoin-cash-ethereum-classic-bitcoin-minetrix-price-predictions) Disclaimer: The above article is sponsored content; it’s written by a third party.CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page.
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