😱👀Google Bard predicts XRP price for early 2024
Since the revived interest in artificial intelligence (AI) has not yet waned, products such as Google Bard and ChatGPT have shown their usefulness in analyzing trends and complex information to provide insights in many sectors, including the cryptocurrency sector and assets such as XRP.
Indeed, after a huge increase in price on reports of an XRP spot exchange-traded fund (ETF) application (which have now been proven false), the token in question returned to its previous level around $0.65 and Finbold asked Bard for an idea of the possible price. 2024.
Bard's predictions for XRP
According to the AI chatbot, taking into account various factors such as its current price, past performance, general market sentiment, regulatory developments, enterprise adoption and others, ”a possible price December for XRP at the beginning of 2024 could be between $ 0.50 and $ 1.80". Dec.
However, Bard warns that this is still just a potential price December and the actual price of xrp at the beginning of the new year may be higher or lower, as the crypto market is inherently volatile and subject to various factors that can affect prices. unexpectedly.
As Google Bard highlights, a number of factors may affect the price of XRP at the beginning of 2024, including the significant price fluctuations that the token has had in the past, especially the significant drop from the all-time high of $ 3.84 reached in January 2018.
Also, if the general sentiment towards cryptocurrencies remains positive, XRP could see an increase in demand and price. On top of that, more favorable government regulations and policies regarding crypto assets could positively affect their prices, including that of XRP.
Also, Bard said, "If more businesses and institutions start adopting xrp for payments or other purposes, it could increase demand and increase the price." Indeed, XRP surged earlier this month after several institutions adopted the services of Ripple, the company that created xrp.
