ChatGPT Predicts Ethereum between $5,000 to $20,000 By 2030

Paigambar Mohan Raj
Source: Search Engine Journal

AI-powered chatbot ChatGPT has gained popularity in many contexts and endeavors, including the cryptocurrency market. ChatGPT was asked to share the potential Ethereum (ETH) price range by 2030. Results would be based on historical price movements and market conditions.

Given that Ethereum is a very volatile asset, ChatGPT recognized that it was challenging to estimate the price so far out. Moreover, its price can change depending on a range of variables, including market sentiment, adoption, network activity, and regulatory developments.

However, the chatbot did admit that Ethereum (ETH) is one of the most successful cryptocurrency projects. Additionally, it highlighted how ETH’s price has grown significantly over the past few years.

Here’s what ChatGPT says about Ethereum (ETH)

The chatbot stated that experts anticipate the price of Ethereum (ETH) to rise for several reasons. They include the expanding decentralized finance (DeFi) ecosystem and the rising popularity of decentralized apps (dApps) built on its network.

According to ChatGPT, Ethereum’s price may reach anywhere from $5,000 to $20,000 by 2030. Nevertheless, the chatbot highlighted that it’s essential to remember that these forecasts are hypothetical and susceptible to market variation.

Guy Turner from Coin Bureau claimed that certain factors might cause Ethereum (ETH) to reach $10,000 during a bull market. Turner indicated that a “killer app” or the rollout of CBDCs from a big economy may act as catalysts for the larger cryptocurrency market.

At press time, Ethereum (ETH) was trading at $1,697.78, up by 0.6% in the last 24 hours. Moreover, ETH is up 12.7% in the weekly charts. However, the second-largest cryptocurrency by market cap is still down 65.19% from its all-time high of $4,878.26, attained on Nov. 10, 2021.