ChatGPT, the AI-based chatbot, has given price forecasts for the best meme coins in the DeFi market. The meme coins include Dogecoin, Shiba Inu, and Meme Moguls. Let’s look at what ChatGPT has forecasted.
Dogecoin (DOGE) Regains Bullish Momentum
With its bullish price movement, Dogecoin (DOGE) has surprised the meme coin community in recent months. A few months later, the Dogecoin community was looking forward to an integration on the X platform.
Unfortunately, this was not the case, and the Dogecoin price plunged to lower lows. The altcoin traded as low as $0.06 for a few weeks. Excitement has returned to the Dogecoin market. As bulls took charge, the Dogecoin price increased from $0.087491 to $0.1103.
Dogecoin has regained a spot in the top 10 cryptocurrencies. But, ChatGPT has projected that its price could increase even further in the coming weeks. ChatGPT has forecasted a 20x price increase in the next bullish market.
Shiba Inu (SHIB): ChatGPT Forecasts Rise To $0.00001822
Shiba Inu (SHIB) beats the odds despite the present market downturn. According to CoinGecko, it has increased by 8% in the last week. Furthermore, over the previous month, this altcoin has increased by 18.6%.
Shiba Inu whale-related trades have skyrocketed. Total transactions on Monday amounted to more than $110.53 million, according to IntoTheBlock data. This is a 275% growth, with about 7.22 trillion SHIB tokens transferred.
According to ChatGPT, the increase in whale transactions is a good sign for the Shiba Inu coin. In addition, Shiba Inu has had 20 green days (67%) out of 30 in the last month, with price volatility of 8.93%. As a result, ChatGPT forecasts that the price will grow to $0.00001822 in the following weeks.
Why is ChatGPT Bullish on Meme Moguls (MGLS)?
Aside from Shiba Inu and Dogecoin, ChatGPT predicted a bullish price for the crypto ICO Meme Moguls. Tokens from Meme Mogul can be purchased for $0.0023 per token. Here are five reasons why ChatGPT believes in the Meme Moguls project:
- Unique Play-To-Earn Model: Not only is Meme Moguls a meme coin with utility, but it has set out to be different with a novel P2E idea. The game features a virtual meme stock market, and users can win real-world prizes. According to ChatGPT, this unique gaming method may appeal to a wide range of people interested in gaming and financial markets.
- Educational and Competitive Elements: The trading platform informs and entertains its users. It encourages skill development through trading tournaments.
- A significant Community Focus: Meme Moguls places a significant emphasis on community building, giving players a place to talk, compete, and learn together.
- NFT Integration with Value: NFTs in Meme Moguls are more than just digital collectibles; they enrich the gaming experience. The benefits include enhanced leverage and tighter spreads, giving considerable value to the in-game economy.
- MGLS Token Utility: The MGLS token is the in-game money of this crypto ICO. It can be used by players to purchase assets and trade.
Furthermore, holding MGLS entitles you to stake incentives, governance rights, and access to special features. ChatGPT expects that this broad utility will drive MGLS demand and pricing. Based on its predictions, the value of MGLS could increase by up to 50x in 2024’s bull market.
ChatGPT has forecasted bullish gains for Dogecoin, Shiba Inu, and Meme Moguls in the coming months. This makes them among the top coins to go for in the DeFi market.
Meanwhile, Meme Moguls is a presale token that offers holders access to several earning opportunities. It also doubles as a gaming token, which makes it a top choice for every investor.