ChatGPT gives price forecasts for Solana (SOL) and InQubeta (QUBE)

Cryptocurrency prices are gradually returning to their previous values, winning back losses and rising from the deep hole of 2023. As Bitcoin ( BTC ) enjoys a period of explosive growth and registers a new 2023 high of around $40,000, the cryptocurrency community is beginning to show interest, with some turning to ChatGPT, an artificial intelligence (AI) tool developed by OpenAI.

ChatGPT, after analyzing data and key factors, made a price forecast for Solana ( SOL ), a smart contract platform, as well as InQubeta (QUBE), a decentralized application (dapp) on Ethereum that plans to launch a crowdfunding solution for cryptocurrency AI startups.

In this article, we will look at ChatGPT's prediction and possible factors that could cause artificial intelligence to come to this conclusion.

Solana: SOL will reach $100 by the end of 2023

According to ChatGPT, Solana's price will reach $100 by the end of 2023 and $250 by the end of 2024. This forecast is primarily due to the current performance of the smart contract platform and the project’s plans to consolidate its position by competing with Ethereum.

The AI ​​platform points to Solana's scalability, low fees and expanding dapps ecosystem as key price drivers in the coming months. Like Ethereum, Solana offers a platform for hosting smart contracts. However, blockchain is scalable and has lower fees. This feature differentiates it from a legacy platform that still suffers from scalability issues and increases gas costs, especially during bull cycles.

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