ChatGPT has predicted Polkadot's value to rise to $250 by the end of 2024

Artificial intelligence-based system ChatGPT, based on historical data and current events in the cryptoasset market, provided a prediction that the price of Polkadot (DOT) could reach $150 by the end of 2023 and $250 by the end of 2024.

The results of the Polkadot Decoded conference, which took place in Copenhagen on June 28 and 29, were taken into account. At the event, Polkadot founder Gavin Wood presented a new roadmap for the project, according to which, among the changes in Polkadot's architecture, a transition from the current leasing model to a time-selling model is expected.

The forecast commentary notes that, as of the end of the first quarter of 2023, more than 40 parachains have won new auction spots on Polkadot. The ecosystem continues to expand as new parachain developments emerge, which should drive demand and increase pressure on the DOT's value.

However, experts noted that the ChatGPT system is imperfect and can only conditionally be used for predicting the prices of cryptoassets.

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