June 27, 2024, 11:00 CEST
| 3 min read
In the same way as Bitcoin (BTC) and many other major cryptocurrencies, too Ethereum (ETH) has delivered a relatively strong overall performance since the start of 2024, but has struggled to maintain the level over the past 30 trading days.
In fact, although ETH has risen almost 50% since January 1st and, after surpassing the $4,000 in March, it managed to reach highs not seen in years, in the last month it has seen a drop of about 11%.
Given that on June 25th there was another trend reversal that led to numerous cryptocurrencies falling, we decided to consult some of the main artificial intelligence platforms (TO THE) to understand where Ethereum might be on July 1, 2024.
AI sets the price of ETH on July 1, 2024
To get started we turned to the most advanced model of the platform ChatGPTOpenAI’s flagship, which has proven to be mostly neutral towards ETH.
In fact, according to the AI, the cryptocurrency is likely to remain mostly stable over the next five trading days and on July 1st it will be in a relatively narrow range between 3.420 hey $3,480.
Co-pilot Microsoft, in its “balanced” mode, proved to be exceptionally bullish.
Artificial intelligence has indeed predicted that Ethereum will skyrocket in the next few days and will be somewhere in the range between 3,900 And $4,000.
Among the large language models (LLMs), Gemini from Alphabet – formerly known as Google Bard – proved to be the most problematic.
After initially attempting to build a prediction using a fictitious Ethereum price at 1,400 dollarsfinally agreed to retrieve more contemporary information on the cryptocurrency market.
Once the initial obstacle has been overcome, Gemini estimated that on July 1, 2024, the price of ETH will likely be $3,350.
To conclude, the predictive machine learning algorithms of the well-known platform specialized in providing predictions on future asset prices, PricePredictionswere significantly more bearish than the LLMs queried previously.
According to the platform, in fact, the downward trend of ETH is set to continue and has positioned the cryptocurrency at $3,175.25.
Cryptocurrencies are highly volatile and unregulated. No consumer protection. A profit tax may apply.
Wiener AI: the memecoin that powers a new AI crypto trading bot
The new project features the playful theme of a sausage dog, Wiener AI (WAI)is attracting great interest from investors.
The platform Wiener AI offers advanced AI trading tools, but with a simplified interface so as to be easily operable even for less experienced traders. The project has already raised more than $6.5 million in its pre-sale, reflecting strong demand.
The growing popularity of AI technology, especially after the excellent results of Nvidiashould further fuel demand for the WAI tokenthe native cryptocurrency of the WienerAI project.
The latter also offers significant passive income opportunities. In fact, 20% of the total supply of the WAI token is intended for staking rewards and investors can earn 177% APY.
The project also got the approval of experts: the famous cryptocurrency analyst Michael Wrubel has identified the WAI token as one of its top cryptocurrencies for 2024.
Currently, i WAI tokens are available for pre-sale at the unit price of $0.000722but is destined to increase at the next phase transition, which will take place in just over 10 hours.
Position yourself now, how early adoptersit means that investors could make significant gains when the WAI token will be officially listed on the exchanges.
Cryptocurrencies are highly volatile and unregulated. No consumer protection. A profit tax may apply.
