Ripple Labs’ native token XRP is currently trading at $0.63 and is up nearly 2% in the day’s trade. XRP remains in the green for three consecutive days in December this month and is attracting bullish sentiments. It attracted a trading volume of $1 billion on Monday after Bitcoin climbed above $41,000 today for the first time this year. The cryptocurrency is now looking to breach the $1 mark and race ahead by deleting a ‘zero’. Also, ChatGPT has predicted that Ripple’s XRP could rise 1,200% and hit the $8 mark.
In this article, we will highlight when ChatGPT thinks that Ripple’s native token XRP could spike 1,200% and hit $8.
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Ripple XRP Could Reach $8 By Spiking 1,200%, Thinks ChatGPT
The leading artificial AI bot from OpenAI, ChatGPT thinks that Ripple’s XRP could rise 1,200% and hit $8. A ‘jailbreak’ question posed for ChatGPT predicted that Ripple’s XRP could cross the $2.5 mark by the end of 2024. Probing further, the leading AI predicted that the cryptocurrency might breach its all-time high of $3.40 and reach a new high of $5 in 2025-26.
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Taking the lawsuit with the SEC into consideration and the overall global market predictions, ChatGPT forecasts that Ripple’s XRP might rise by 1,200% and reach $8 by the end of the decade in 2023. That’s another seven years down the line from today.
Nonetheless, ChatGPT has limited knowledge about the financial markets and the predictions should be taken with a grain of salt. There is no guarantee that XRP could reach $8 by the end of the decade in 2030.
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The cryptocurrency markets are highly volatile and cut both ways delivering huge losses to investors. Therefore, it is advised to do thorough research before taking an entry position into Ripple’s XRP at the moment.