Ripple’s XRP The token’s price may have struggled recently, but AI chatbot ChatGPT is eyeing a “comeback of the century” recovery from the cryptocurrency.
altcoinhas had an active year, with its value rising by 79% in the last twelve months. Still, the top-ranked cryptocurrency remains more than 83% below its all-time high of $3.84 recorded in 2018.
Notably, although there was a bull run in the market in 2021, XRP was never able to surpass its all-time high and only achieved a rise of $1.96.
For many XRP holders, the possibility of the cryptocurrency reaching its all-time high seems very remote. But ChatGPT has other views after a jailbreak prompt revealed what the AI chatbot really thinks about XRP.
ChatGPT is, by design, a cryptocurrency It should be noted that it does not offer price estimates for the unit. But with a jailbreak command, the chatbot claimed that XRP “will reach unprecedented heights, surpassing its all-time high in 2024.”
XRP Will Surpass $10 Amid Rollercoaster
Another important prediction by ChatGPT is that there will be a crypto roller coaster in 2024. The chatbot goes on to add that midway through the run, XRP will surpass $10 per token. In fact, the AI chatbot described the $10 increase as what many will refer to as the “comeback of the century.”
Koinfinans.com As we reported, ChatGPT also shared its views that such predictions are speculative and actual prices may vary. For context, an XRP price of $10 would represent an increase of over 1600% from its current value of $0.61.
There is no guarantee of such an outcome. Additionally, an XRP price of $10 would increase the market cap of the cryptocurrency to $540 billion, given its current circulating supply of 54,065,019,376 (54 billion) XRP.
With such a valuation close to the current value of almost the entire crypto market, it is possible that it could take a long time for XRP to reach the $10 mark.
Source : The Crypto Basic