ChatGPT, OpenAI’s chatbot has become a competent tool in crypto market analysis. For this article, we have asked the chatbot to give its December 2023 predictions for three coins, Tron, VeChain, and Kangamoon. Read on to find out how high ChatGPT thinks these cryptos can go by the end of the year.
Tether CTO Greenlights $1B USDT Mint on the Tron Network
Tether, the top stablecoin, has dedicated $1 billion in USDT to support the Tron (TRX) network. However, the platform will not be used for the allocation immediately. Paolo Ardoino, Tether’s CTO, revealed that the funds are for future issuance requests and chain swaps on Tron.
Also, he explained that the recent $1 billion USDT minting is meant to replenish the Tron network’s supply. Meanwhile, the Tron network’s USDT issuance has increased in 2023. So safe, Tron’s USDT issuance has reached a total of $42.8 billion in circulation.
Similarly, the TRON coin price has been on an upward trend for the last few months. The TRX coin has found support at the trendlines after breaking above $0.08000. As of September 22nd, Tron coin price is trading at $0.083392, a price increase of 9% in the past 30 days.
VeChain (VET) Unveils Self-Custody Wallet
The VeChain network celebrated a major achievement in September. The network has released its own self-custody wallet called VeWorld. This development is a big deal for VeChain and its users. VeChain announced the launch of the self-custody wallet in a recent tweet on X.
According to the tweet, the VeWorld crypto wallet has many features. Also, the team stated they are not done yet and will make VeChain even better by launching more updates in the coming months. In other news, the VeChain coin has performed relatively well in the past two weeks.
The price of VeChain increased following the news of its listing on Coinbase. Also, the token has benefited from the rally in the general crypto market. VET reached a peak of $0.018, its highest point since August 13th.
Kangamoon (KANG) 100% Safe for Users
Apart from Tron and VeChain, ChatGPT also gave a bullish price forecast for Kangamoon in December 2023. Kangamoon has been seeing an influx of users since it started its token presale. ChatGPT is optimistic about Kangamoon’s future and predicts that it will become more popular than Dogecoin and Shiba Inu.
Unlike those meme coins, Kangamoon gives holders many benefits and perks. Those who have Kangamoon coins will get access to rare NFTs, discounts, and rewards. One major reason why people are into Kangamoon is because it provides investors a chance to enter the P2E gaming sector.
According to Markets and Markets, the NFT P2E gaming sector will be worth $8.7 billion by 2028. Kangamoon wants to launch a digital world called Kangaverse in this sector. Players will become a Kangamoon character that is good at boxing in this digital world.
Players can upgrade their unique characters, adding special gadgets and powers to increase their win probability. The aim of the game is to create a community where meme coin lovers and gamers can compete with one another. At present, Kangamoon coins cost just $0.005 each. ChatGPT has forecasted a 35x price increase by December 2023.
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