ChatGPT’s Q4 2023 Price Predictions

In Q4 2023, AI-powered ChatGPT set out to predict the price trajectories of three prominent cryptocurrencies: Polkadot (DOT), Cosmos (ATOM) and Everlodge (ELDG).

Polkadot thrives on growing developer activity
Polkadot, a blockchain effort dedicated to connecting specialized blockchains, has seen a noticeable increase in developer activity. Five more parachains were integrated in Q3 2023, while the volume of DOT staked escalated by 14.7% in the same quarter. In addition, Polkadot is actively involved in the early stages of Polkadot 2.0 development.

Although DOT saw a robust start to the year, its performance saw a 10% drop in October, falling from $4.3 to $3.6. However, the ChatGPT model expects a recovery and projects the price of DOT to rise to $7.74 by Q4 2023.

Cosmos appears with increased network activity
Operating as a decentralized proof-of-stake (PoS) blockchain supporting interoperability between different networks, Cosmos has recently seen a significant increase in network
activity, resulting in an increase in daily transactions.

Despite the network’s rise, its native cryptocurrency ATOM has seen a 5% drop over the past month, remaining at $6.74. However, the introduction of a liquid staking protocol called Stride, which plans to convert STRD to ATOM, encouraged optimism. This initiative can potentially stimulate demand for ATOM and push its price up to $11.34 in Q4 2023.

Everlodge is revolutionizing real estate investing
Everlodge is pioneering the transformation in real estate investing and gaining prominence in the cryptocurrency space. The project seeks to democratize the vacation rental sector by introducing a co-ownership model for luxury vacation properties. Investors can gain partial ownership of properties such as vacation homes, hotels, and luxury villas with a minimum investment of $100, facilitated by non-fungible tokens (NFTs). Each NFT symbolizes a stake in an asset and continuously tracks its value, making real estate investment more accessible to a wider range of participants.

Currently, Everlodge’s native token, ELDG, is available at a price of $0.023 during the ongoing presale. However, the ChatGPT model predicts that the value of ELDG will increase, predicting that it will reach $0.040 by the end of 2023.