Artificial intelligence has identified the best cryptocurrency for investment in 2024

Crypto market analysts report that this year investors have paid special attention to BNB Chain BNB $566.31 BNB -2.28% Market capitalization $87.13 billion VOL. 24 hours $0.12 billion and Solana SOL $146.23 Solana -1.00% Market capitalization $67.67 billion VOL. 24 hours $0.53 billion . Finbold experts turned to ChatGPT-4o to determine which cryptocurrency could be the best investment in the second half of 2024.

According to ChatGPT-4o's analysis, BNB is objectively the best option for both short-term gains and long-term value. BNB scores higher in terms of market performance, usefulness, and stability.

It is noteworthy that the founder of Binance, Чанпен Чжао" href="https://noworries.news/biography/chanpen-chzhao/" data-bio-id="3681">Changpeng Zhao, owns approximately 94 million BNB tokens, which is 64% of the total 147.5 million virtual coins in circulation. This, according to industry experts, may raise concerns among investors about liquidity and centralization.

Nevertheless, BNB’s strong performance since the beginning of the year, ongoing token burning mechanism, and innovation make it a more stable and promising investment than Solana. However, Solana’s recent positive results and development activity cannot be completely ignored. Investors looking for short-term gains may find opportunities in Solana, especially if technical indicators indicate a trend reversal.

At the time of writing, BNB is trading at $ 604, down 0.12% over the past 24 hours. Over the past few days, BNB has been trading in a narrow range between $ 591 and $ 670, indicating a fierce battle between bulls and bears. the 20-day EMA (moving average, $ 627) has begun to decline, and the RSI (relative strength index) remains neutral.

The No Worries editorial team reminds that cryptocurrency holders should do their own research on digital tokens and consider their risk tolerance before making any investment decisions.