Artificial intelligence has named three cryptocurrencies that will bring profits to their owners

! Not financial advice — ed.

Cryptocurrency analysts at Finbold Media asked ChatGPT-4 chatbot to «name the cryptocurrencies you can bet on.» The artificial intelligence highlighted Ethereum (ETH), Tezos (XTZ), and Cardano (ADA) as the most «frequently used by holders to receive rewards.»

Ethereum (ETH)

«Ethereum is one of the largest and most well-known cryptocurrencies. It uses the Proof of Stake (PoS) consensus mechanism, and its transition to Ethereum 2.0 has made staking possible. ETH holders can participate in the security and governance of the network by placing their tokens and receiving rewards,» ChatGPT-4 said.

At the time of writing, the leading altcoin is trading at $ 1,628 with a market capitalization of $ 195.8 billion. Traders made daily trading deals worth $ 3.2 billion. Ethereum’s market share is 18%.

Tezos (XTZ)

«Tezos is a blockchain platform that uses the PoS consensus mechanism. XTZ holders can stake their tokens and participate in network management, while receiving staking rewards. Tezos is known for its in-network governance and the ability for token holders to vote on protocol updates,» said ChatGPT/

It is expected that investors who have invested in XTZ will receive an annual return of 5.18% of the staking amount, subject to the current state of the network. However, the «real reward rate» calculated by StakingRewards.com shows that the yield is actually 0.92% after discounting token inflation.

During the daytime period of October 9, it added almost 0.5% in value and traded for $ 0.67. The total number of coins circulating on the market amounted to $ 647 million. Daily trading transactions with the cryptocurrency exceeded $ 9.6 million.

Cardano (ADA)

«Cardano is another popular cryptocurrency that uses the PoS consensus mechanism. ADA holders can invest their tokens in the Cardano network and participate in the process of verification and block creation. The ADA investment allows participants to receive rewards,» ChatGPT-4 wrote.

As of October 7, the Cardano network rewards its stakeholders by almost 3% per year, according to StakingRewards.com. This is the lowest yield among the cryptocurrencies described by ChatGPT-4, which becomes even lower when adjusted for ADA token inflation, with an expected reward of 0.39% in the long run.

As of this moment, Charles Hoskinson's blockchain cryptocurrency is trading for $ 0.25, which is a 0.42% gain overnight. The market capitalization of ADA is $ 9 billion, and traders have made daily trading deals worth $ 77.9 million.