ChatGPT expects the price of Ethereum Classic to reach $150 by 2024. Its on-chain metrics also point towards a price rally.
ETC’s price action in the first quarter of this year was praiseworthy, but the subsequent two quarters show a shoddy performance.
The first question requested ChatGPT to provide a detailed and concise explanation of Ethereum Classic and its fundamentals. Here’s the response –The AI bot seems to have a good handle on things based on the information it provides. However, there have been incidents where inaccurate information has been generated, hence the need to verify information arises. Now that we have a good base, it’s time to up the ante a bit.
Community Support: After the 2016 DAO hack, the Ethereum community decided to implement a hard fork that created a new blockchain network known as Ethereum, which received support from the majority of the Ethereum community. Ethereum Classic, which remained on the original blockchain, has a smaller community and fewer developers.
Limited Use Cases: Ethereum has a wider range of use cases and is more widely adopted by businesses and developers. Ethereum Classic has a smaller ecosystem of decentralized applications and is less widely used in commercial applications. Proven Technology: Ethereum Classic is based on the original Ethereum blockchain, which has been operating since 2015. This gives it a longer track record than many other blockchain platforms, and may appeal to users who value stability and reliability.
What if we could somehow get ChatGPT to understand the history of ETC’s price action, including previous price patterns? We could potentially get it to give a more concrete answer regarding price predictions.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia is set to avoid a full ban from the 2024 Paralympics in ParisRussia appears to have avoided a full ban from next year\u0027s Paralympics after the International Paralympic Committee\u0027s members voted.
Read more »
Trillium Line launch delayed until spring 2024Passengers will not be boarding the Trillium Line until the spring of 2024, as construction continues on the new north-south light-rail transit line between Bayview Station and Riverside South.
Read more »
Russians allowed to compete as neutral athletes at 2024 Paralympics in ParisThe IPC voted 74-65 at an assembly in Bahrain on Friday against suspending Russia’s membership entirely, but then voted 90-65 in favor of ‘partially’ suspending the country through 2025
Read more »
Where GBPEUR pair will move in 2024Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Read more »
Russians allowed to compete as neutral athletes at the 2024 Paralympics in ParisRussia appears to have avoided a full ban from next year\u0027s Paralympics after the International Paralympic Committee\u0027s members voted.
Read more »