Report

Analysts asked Google Bard about Shiba Inu, Solana, and Tradecurve 2023 prices its response was shocking

By Guest Writer • Published: 08 Jun 2023 • 9:50

As the cryptocurrency market continues to captivate investors and analysts, the quest for price predictions remains a constant pursuit. In a fascinating development, analysts turned to Google Bard, an AI chatbot, to gain insights into the possible prices of three prominent cryptocurrencies: Shiba Inu, Solana, and Tradecurve for 2023. The responses from Google Bard were nothing short of surprising, adding to the intrigue surrounding these projects. Let’s dive into the unexpected insights for these cryptocurrencies.

Summary

Shiba Inu may see further drops
Solana price analysis
Tradecurve to become a market disruptor

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Shiba Inu (SHIB) to show volatility

When analysts queried Google Bard about Shiba Inu’s 2023 price, the response was unexpected. The chatbot indicated that Shiba Inu’s price would experience substantial volatility and could undergo significant swings throughout the year.

While the response did not provide a precise price prediction, it emphasised that market sentiment, regulatory developments, and the broader cryptocurrency landscape would heavily influence Shiba Inu’s value.

Shiba Inu is currently trading at $0.000008483 with a market cap of $4.9B, which is a fall of 2.03% in the last 24 hours. All moving averages also show strong sell signals for Shiba Inu, painting a bearish picture for its future. This suggests that Shiba Inu’s future remains uncertain and subject to various external factors, requiring investors to exercise caution when buying into Shiba Inu.

Solana (SOL) may see a rise

Turning to Solana, the analysts were keen to uncover the potential price trajectory for 2023. Google Bard’s response showed optimism, indicating that Solana could experience notable growth in the coming year.

In the final week of May, Solana performed admirably. The Solana token, moving lower since the middle of April, jumped upward from the $19.25 support level on May 25. Bard highlighted this movement and the platform’s technical capabilities, growing ecosystem, and potential for increased adoption.

While it refrained from providing an exact price, the response hinted at positive market sentiment and suggested that Solana’s value could appreciate significantly in 2023. Currently, Solana has a value of $21.23 with a market cap of $8.4B, which is a drop of 3.79% in the last day alone. This insight offers hope for Solana enthusiasts and investors.

Tradecurve (TCRV) to disrupt the online trading market

The analysts then asked about Tradecurve’s potential price in 2023 to Google Bard. The chatbot’s response was intriguing, suggesting that Tradecurve had the potential to disrupt the trading landscape and establish itself as a significant player in the market.

Google Bard states that there are currently many issues in the online trading market, such as limited access to advanced trading tools and leveraged products due to regulation, high commission fees, and more. The chatbot stated that Tradecurve could solve all those issues by establishing a borderless, hybrid trading platform where users may trade all derivatives on a single account.

Since this project will be built on the Ethereum blockchain, it will drastically lower trading fees by eliminating all third-party mediators. Moreover, it will separate itself from the rest by ensuring a fully private trading environment with no sign-up KYC checks, as users may utilise cryptocurrency as collateral.

Transparency will also be a critical factor in Tradecurve as it will implement its own Proof of Reserves (PoR) after its launch. Proof of Reserves is a mechanism that enables users and investors to verify the existence and authenticity of assets held by a platform or exchange. By implementing this feature, Tradecurve aims to demonstrate that it contains the necessary reserves to cover user balances, ensuring the integrity of its operations. This move reassures users that their funds are safe and helps prevent fraudulent activities such as fractional reserve practices.

Those wishing to support this potential market disruptor can do so by purchasing the TCRV native token, which is now worth just $0.015. As this Stage 3 presale advances, experts forecast a 50x increase in value and a further 100x surge when it gets listed on a major Tier-1 CEX following its launch.

While the exact price prediction was not provided, this Google Bard response emphasised the trading platform’s innovative features and privacy-focused trading approach. This suggests that Tradecurve could experience increased adoption and potentially witness substantial growth in value throughout 2023.

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