- ChatGPT foresees Monero gaining more adoption in the future.
- Aave keeps trading above the $61 resistance.
- ChatGPT forecasts Kangamoon to soar 350% before the end of 2023.
Monero (XMR) Adoption Will Increase, Says ChatGPT
Monero (XMR), is a cryptocurrency that supports confidentiality and privacy. At the peak of its bullish momentum in 2021, the price of Monero skyrocketed to a peak of $517.62. Unfortunately, increased regulatory scrutiny has affected the token’s performance in the past two years.
The crackdown on private cryptocurrencies made Monero’s price drop. As a result, the Monero crypto dropped from its highest point this year at $187 to as low as $132. The token has been bullish in September, increasing by 6.1% to trade as high as $147.44.
Also, Monero has reclaimed a position in the top 30 cryptocurrencies with a market valuation of $2.72 billion. Despite the recent challenges it faced, ChatGPT believes Monero’s strong focus on privacy will keep helping it succeed in the long run. The chatbot predicts that the XMR price will reach $220.22 in Q4 2023.
Can Aave (AAVE) Soar On Bitcoin’s Price Jump?
Aave (AAVE) is well-known in the world of decentralized finance (DeFi). It is a top DeFi platform and ranks 43rd among cryptocurrencies based on its market capitalization. On September 12th, Aave crypto bulls caused a price rally and the token retested a bullish order block (OB).
Afterwards, the price of Aave coin soared by 18%, pushing it to the $61 level. Currently, buyers are aiming for the $70 mark as this could cause a price rally in the long term.
Additionally, with Bitcoin rising to around $27,000, AAVE investors can take advantage of the situation to spark a price rally. ChatGPT sees Aave targeting higher price levels of $80 as the crypto market recovers.
Kangamoon (KANG) Forays Into a Billion-Dollar Industry
Apart from Monero and Aave, Kangamoon (KANG) is another token that ChatGPT has picked out for more gains in Q4 2023. According to ChatGPT, Kangamoon is a crypto project with great potential. It is different from meme coins like Shiba Inu and Pepe due to its utility.
This is what makes Kangamoon stand out among meme coins. Meanwhile, players can join games and earn rewards on the Kangamoon platform. Importantly, market research says that the Play-to-Earn NFT gaming market will be worth a lot by 2028, around $8.85 billion.
Kangamoon wants to grow on this trend to expand its gaming world. This new P2E area will help Kangamoon to surpass other members like Shiba Inu and Pepe. Also, Kangamoon aims to bring meme coin fans and gamers together.
Gamers can collect virtual money and in-game assets through special quests, events, and contests. Additionally, players can trade their in-game assets on the Kangamoon marketplace for money. Currently, Kangamoon is in the first phase of its presale, and the tokens cost $0.005 each. ChatGPT forecasts that Kangamoon will go up by 350% by the end of 2023.
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