Head of Research for Bitcoin and altcoin platform Uphold, Dr. Martin Hiesboeck shared a ChatGPT chat. In his chat, Ripple’s altcoin XRP was mentioned, and the expert asked the chatbot when the XRP price will “go to the moon”. Here is the surprising answer…
ChatGPT’s “bullish” forecast for popular altcoin
Uphold’s Head of Research, Dr. Martin Hiesboeck shared a ChatGPT talk about XRP. Then the XRP community was stunned. cryptocoin.com As we reported, ChatGPT was launched by OpenAI in November 2022. It is a chatbot that interacts in the form of a chat. According to a screenshot shared by Hiesboeck, ChatGPT was asked about the date XRP “goes to the moon”. The AI tool replied that it could not predict financial markets because it was not designed for that.
After some more digging, he said that the lunar date for XRP is March 23, 2023, and he’ll grab the biggest bag first and sail into the sunset. ChatGPT, “XRP $589,000, not XRPP.” What the AI tool called “XRPP” was the satirical “XRP the Standard Productions”, which often made jokes about events in the crypto space. The response of the ChatGPT tool undoubtedly caused the XRP community to be amused, with many responding to the tweet with smiles.
There were those who took this prediction seriously.
Hiesboeck, “XRP price prediction. The all-knowing AI ChatGPT has announced when XRP will go to the moon,” he said. A few people took this seriously as a prediction that the XRP price will “go to the moon.” “They were also saying that 589 was unrealistic,” CryptoLaw founder and blockchain enthusiast John Deaton replied to Hiesboeck.
Most predictions on XRP suggest that its price has reached the $1,000 mark, or usually in the five digits. The $589,000 price prediction was deemed unrealistic as it would require a recovery of about 200 million percent from XRP’s current price of $0.38. Some, for example David Gokhshtein, predict that the XRP price could rise if the SEC case is won. However, it is not known whether there will be an increase, and if there is, how much of an increase will be seen.
Crypto prediction from Ripple executives
Meanwhile, Ripple executives announced their comments on 2023. Ripple expects 2023 to be the year cryptocurrencies and blockchain technologies really come into their own. According to Ripple’s blog post, they expect the industry to turn from speculative businesses to businesses using crypto technologies to address real problems and unmet consumer demands.
They also envision an increase in the use of digital currencies and NFTs issued by central banks (CBDCs). There will be a growing interest in crypto’s environmental impact and sustainability, and its continued adoption by institutions is expected.
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