Subscribe to our Telegram channel
Artificial intelligence predicts sharp growth of Ethereum
Most cryptocurrency assets are resuming their upward movement, with the main altcoin Ethereum (ETH) being one of the leaders. Over the past 24 hours, Ethereum has soared by almost 10%, and advanced AI-based forecasting algorithms predict further growth for ETH by the end of the year.
Machine learning forecasting platform CoinPriceForecast has set the price of Ethereum at $ 6770 (91%) by the end of 2024. The Ethereum price forecast for 2025 suggests that the token will reach $ 8308 by the middle of the year and end the year at a slightly lower level of $ 7479.
The fourth version of OpenAI’s revolutionary ChatGPT invention, dubbed GPT-4, has set the price of Ethereum for 2024 at $ 3,500 to $ 4,000, with a possible surpass of $ 4,000 «if the market experiences increased bullishness and favorable regulatory changes.»
«The potential approval of the Ethereum-ETF could play a crucial role in reaching and possibly exceeding the $ 4,000 mark,» ChatGPT emphasized.
Claude 3 Opus, the latest artificial intelligence model from Anthropic, has predicted the price of ETH to rise in the range of $ 3,800 to $ 4,200. As for a more optimistic forecast, Anthropic’s AI expects the price of ETNs to be in the range of $ 4,500 to $ 5,000.
It was Claude 3 Opus that named the top 3 cryptocurrencies for investment in 2024. Among them are Bitcoin, Ethereum, and Cardano.
As a reminder, artificial intelligence algorithms predicted a 100% growth of bitcoin in 2024. GPT-4 proposed a possible price of BTC by the end of 2024, which ranges between a pessimistic value of $ 72,991 and a more bullish upper bound of $ 100,000.