ChatGPT has become a viral sensation for its ability to generate human-like responses, but it is also now being used to analyze data and provide investing insights.
As such, investors worldwide are now turning to ChatGPT to receive objective crypto price predictions about thousands of coins and tokens.
With that in mind, this article explores ChatGPT’s thoughts on three trending Web3 coins and where the AI model thinks their prices will go in the months ahead.
ChatGPT Predicts Pump for Launchpad XYZ Following Presale’s Conclusion
First up is Launchpad XYZ ($LPX) – an ambitious new crypto project aiming to drive mass adoption of Web3 technologies.
This project is building an all-in-one platform that consolidates the fragmented world of the blockchain into one user-friendly interface, making it more accessible to the masses.
Launchpad XYZ’s ecosystem will include features like NFT galleries, a blockchain gaming hub, decentralized token swapping, and even a “Launchpad Quotient” ranking algorithm.
As outlined in the project’s whitepaper, Launchpad XYZ’s native token is $LPX, which can be staked to access exclusive perks, like trading fee discounts and top-rated NFT whitelists.
Launchpad XYZ’s team is offering $LPX through a limited-time presale phase, which has raised over $1.2 million from early investors.
$LPX tokens are on offer for $0.0445 – expected to be a discount on the eventual exchange listing price.
When prompted about $LPX’s price outlook for once the token is live on exchanges, ChatGPT responded that it believes it will experience growth of between 5x and 20x.
Should this occur, $LPX could rise as high as $0.89 by the end of 2023.
With this ringing endorsement from ChatGPT and consistent growth in the official Telegram channel, Launchpad XYZ looks primed for a significant breakout later this year.
ChatGPT Forecasts Chainlink is Primed for Major Bull Run
Another Web3 coin that ChatGPT is optimistic about is Chainlink ($LINK) – an oracle network that provides real-world data to blockchains.
Chainlink helps blockchains interact with external APIs, payment systems, and more, enabling smart contracts to run smoothly.
Chainlink does this while maintaining decentralization – a crucial aspect of blockchain networks.
With data integrity vital in the crypto world, Chainlink has become a popular partner for decentralized finance (DeFi) protocols like Aave.
Moreover, the $LINK price has been on an uptrend since June 10, rising 62% in that period.
Recent data from CoinGecko underscores the growing optimism, indicating that a whopping 89% of its users have a positive sentiment about $LINK.
ChatGPT is also optimistic about Chainlink, as when prompted about the token’s prospects, the AI model responded that $LINK could potentially see growth of between 50% and 150% by the end of 2023.
Should this scenario play out, it would mean $LINK may trade as high as $19.37 – a level that hasn’t been seen since January 2022.
Given this optimistic forecast from ChatGPT, Chainlink seems primed for more upside in the coming months.
Golem’s Innovative Use Case Could Fuel Huge Upside According to ChatGPT
Lastly, Golem ($GLM) is a decentralized computing network that allows users to rent out spare computing resources and get paid for doing so.
Golem creates a peer-to-peer (P2P) marketplace for computing power, splitting complex tasks into smaller jobs that get spread across the network.
The $GLM token acts as the native token of the Golem network since users must pay in $GLM to access computing resources.
Given its innovative approach, Golem has been spotlighted on CoinMarketCap’s list of the Top Web3 Tokens.
When asked about Golem’s outlook for the remainder of the year, ChatGPT was highly enthusiastic.
OpenAI’s model stated that if the demand for decentralized computing power continues to grow, $GLM could soar between 100% and 300% by December 31.
This would set a target price range of approximately $0.48 to $0.96.
If ChatGPT’s analysis proves accurate, $GLM could provide significant upside for investors, given its current price of $0.238.