The resounding success of OpenAi’s LLM ChatGPT has ushered in a new era of enthusiasm for artificial intelligence (AI), triggering a spirited race among established tech giants to unveil their own cutting-edge AI offerings.

Amidst this competitive landscape, Google Bard, the brainchild of Alphabet (NASDAQ: GOOGL), has emerged as a formidable presence in the realm of generative AI. Possessing a diverse and impressive range of capabilities, Google Bard has demonstrated its ability to extend its influence into the realm of forecasting future trends.

As the calendar turned to August 10, the team at Finbold sought to tap into the insights of Google Bard, aiming to identify its top 10 crypto picks that are likely to shape the landscape from the present moment to the conclusion of 2023.

Of notable significance, Bard’s discernment led it to include all six chosen cryptocurrencies in its $100 crypto portfolio: Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Solana (SOL), Polygon (MATIC) and The Sandbox (SAND). 

Further complementing this selection are  Chainlink (LINK), Uniswap (UNI),  Binance Coin (BNB) and Avalanche (AVAX). 

Bard explicitly designates these choices as its favored top 10 cryptocurrencies for the period spanning from August 10, 2023, to the culmination of the same year. It alos asserts that these particular cryptocurrencies are poised to exhibit noteworthy growth in value throughout this temporal expanse.

Why Bard selected these crypto picks

Bard looked for cryptocurrencies that have strong underlying technology and are well-positioned to solve real-world problems.

In addition it stated it scouted for digital assets that have a strong team of developers and entrepreneurs who are committed to the project as well as for cryptocurrencies that are gaining traction and are being adopted by more and more people.

Finally the AI searched for cryptocurrencies that have a relatively small market capitalization, which means that they have the potential to grow significantly in value.

Disclaimer: The content should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

With the cryptocurrency markets still in an uncertain position, many crypto investors are wondering if it’s time to sell in order to avoid further losses or if the market is going to recover soon. 

Even though the crypto markets have so far always recovered from their bearish periods, every bear market has its “casualties” that never make a strong recovery. Therefore, it’s important to choose quality crypto projects that have a good chance of surviving the bear market and thriving in the future.

We’ve analyzed 200 of the top cryptocurrencies based on their liquidity and availability, technology, sector leadership, tokenomics and more key factors. 

By doing so, we’ve narrowed the list down to 12 cryptocurrencies that present the most compelling opportunities at the moment. The top three coins on our list are updated weekly to reflect the most up-to-date developments in the crypto and blockchain sector. Here's our roundup of the best cryptocurrency to invest in 2023:

Shiba Inu - Meme coin on the Ethereum blockchain

Aptos - A scalable smart contracts platform implementing the Move programming language

Ethereum - The leading blockchain for smart contracts

Bitcoin - Decentralized peer-to-peer cryptocurrency

BNB - A popular cryptocurrency utilized in the Binance ecosystem

Uniswap - A project with multiple Ethereum scalability solutions

Cosmos - The leading decentralized storage project

GMX - A decentralized crypto derivatives exchange

Mina Protocol - An extremely lightweight blockchain

Stellar - Cryptocurrency for fast and efficient asset transfers

Litecoin - A cheaper and faster alternative to Bitcoin

Worldcoin - A cryptocurrency project implementing proof-of-personhood

What is the best crypto to buy now is mostly dependent on your own individual risk profile and investment goals. If you are interested in cryptocurrencies that have long-term potential, then staples like BTC and ETH are probably the right choice for you. 

If your risk appetite is greater, you can try to pursue investments in cryptos under 1 cent or participate in the latest crypto presales if you are feeling especially frisky. 

In any case, please keep in mind that the cryptocurrency market is highly volatile and that investing in cryptocurrency is subject to considerable risk. Always do your research and consider your financial situation before making any investment, and never invest more than you are willing to lose.

Is it possible to recover them?

The short answer is, relax, you’re probably going to be fine. 

More often than not, the process of retrieval is quite an easy one. But, if for some reason, luck happens to be against you, the game is still not over. There’s still more you can do.

So, let’s take a look at the methods of recovering tokens once you’ve sent them to the wrong blockchain! 

But before that, let’s take a closer look at what the problem really is.

Understanding the Problem

While transferring tokens, have you ever noticed that some tokens have multiple networks available for carrying out the transfers? Ever wondered why that is so?

Well, the reason behind that is that most cryptocurrencies have different networks for different reasons. You’ve probably seen cryptocurrencies have the main net (that acts as the main blockchain network) and a test net at the very least. And then there are all the token standards (we’ll talk about this in a bit!)

Even frequent traders miss this out every now and then, sending tokens to the wrong network. That said, all it takes is some additional attention while choosing wallets and you should be safe from this problem.

And that is just the tip of the iceberg. This problem lies deep and wide. There are a lot of ways your tokens can land in places they shouldn’t be. We’re strictly talking about the ways wherein you actively try to send tokens to the wrong address. 

A hack or a security breach would be a completely different ball game which, in many ways, is beyond the scope of this article.

Coming back to the case of misplaced tokens, the first thing you need to do when you send tokens to the wrong network is to check the type of receiving wallet. Is it a Custodial Wallet or a Non-Custodial Wallet? That should help you get closer to the solution.

Unsure about the kind of wallet you have? Let me help. Custodial wallets are the ones that hold your funds for you and have control over the private keys. Whereas, a Non-Custodial wallet gives you complete control over the private keys.

Understanding the Types of Tokens

Remember when we talked about token standards in the last section? Okay, we just brushed past it, but here’s the real deal. The thing is, token standards are a set of rules used to govern a token built on a specific blockchain. 

These standards determine the mechanism for creating, issuing, and deploying new tokens on a blockchain. For instance, the token standard for Ethereum is ERC-20 using which developers can build new tokens on the Ethereum Blockchain. 

Some of the most commonly used token standards are ERC-20 for Ethereum, BEP-20 for Binance Smart Chain, and TRC-20 for TRON Blockchain. 

So can you use Bitcoin on the Ethereum platform? Yes, you can! However, you need to wrap the Bitcoin and turn it into an ERC-20 token first. Learn more on this topic from the beginner’s guide to wrapped bitcoins.

Now that we have clarity about the tokens, let us dive into what happens when you send funds to the wrong network.

What to do When you Have Sent Funds to the Wrong Network?

In this case, we are taking the example of sending an ERC-20 i.e., Ethereum token to the Binance Smart Chain (BSC). If you do so, the tokens will end up on the exact wallet address of your chosen network. 

This happens because the wallet addresses of Ethereum and BSC are the same and you can access them using the same private key.

In such cases, the funds or tokens sent will be visible on your wallet address in the Binance Smart Chain as BEP-20 tokens pegged to Ether. When the tokens are pegged, their value gets locked against Ether. 

The above picture shows a transaction where a user tried withdrawing ERC-20 tokens and opted for the BSC Chain in the network section of their Binance wallet. As a result of this, his tokens got locked up as Binance-Peg Ethereum with the same wallet address as shown in the picture.

However, the cryptocurrency is not lost and is just transferred to the wrong chain. This can be resolved by transferring them back to the right blockchain. In this scenario there can be three possibilities:

The receiving wallet supports both Binance Smart Chain (BSC) as well as Ethereum.

The receiving wallet supports either BSC or Ethereum.

The receiving wallet is a custodial wallet.

Before you begin the process of retrieving your crypto, you need to figure out the nature of your receiving wallet and then opt for the solution that matches your situation.

Let us now take a look at the steps you need to follow in the three scenarios mentioned above:

Recovering Tokens from a Wallet Supporting BSC as well as Ethereum

In this scenario, your receiving wallet supports both BSC and Ethereum. Therefore, the crypto that you have transferred should automatically be received in your wallet and you should be able to see it. 

In case you are not able to see them in your wallet, search for the token using a toggle list for both networks.

For instance, Ethereum has Metamask that allows you to take a quick look at all your tokens based on the Ethereum blockchain. If you cannot find your token then, click on the ‘Add Token’ button and search for your tokens.  

However, if you want your tokens to be transferred to their original blockchain, you can do so via two methods:

Binance Bridge: Binance Bridge is a tool provided by Binance using which you can convert your tokens between blockchains. All you need to do is link your wallet and choose the tokens that you wish to transfer. 

However, if you connect the Binance Chain wallet make sure you own BNB for the gas fee. 

Similarly, in the case of an Ethereum wallet, you need Ether for the gas fee. The following picture represents the Interface of the Binance Bridge. Here, you need to choose the token you wish to transfer in the ‘Asset’ section. 

After this, choose the correct networks and enter the number of tokens you want to transfer.

Manual Method: If you wish to manually transfer the tokens to the original blockchain, the process is different and includes additional steps. In this case, you first need to send the tokens back to your Binance wallet. 

However, make sure the network in your Binance Spot wallet is the same as the blockchain on which your tokens are present. 

After receiving the tokens back in your Binance wallet you can send them to the external wallet of your choice. #dyor dyor

$SOL

So, can MATIC reach $1,000? To cut a long story short, the answer is probably no. Let’s take a closer look at the numbers to show you why you shouldn’t expect Polygon to reach a price of $1,000.

MATIC has a total supply of 10 billion tokens. If the price of one MATIC token was $1,000, that would translate to a market capitalization of $10 trillion for Polygon. Let’s put this figure in context by showing the market capitalization of the world’s five most valuable companies at the time of writing:

Apple: $2.72 trillion

Microsoft: $2.29 trillion

Saudi Aramco: $1.98 trillion

Alphabet: $1.36 trillion

Amazon: $1.08 trillion

If Polygon had a market capitalization of $10 trillion, it would be more valuable than the world’s 5 most valuable companies combined. We don’t need to go into too much detail to conclude why this would be an extremely unlikely scenario. 

To strengthen our point, let’s compare what a hypothetical $1,000 MATIC price would mean in the context of the cryptocurrency market. 

The total cryptocurrency market cap peaked in November of 2021 at just under $2.9 trillion. In the same month, Bitcoin reached its highest-ever market cap of $1.22 trillion. So, if MATIC had a price of $1,000, it would be 8.19x larger than Bitcoin at its historical peak. 

At the time of writing, MATIC is trading at a price of $0.690 and its market capitalization is $5.52 billion. Please note that the current MATIC market capitalization is calculated using the current circulating MATIC supply (8.01 billion tokens) instead of the total MATIC supply (10 billion tokens).

To reach a price of $1,000, Polygon would need to see a 1,108x increase in price. While such multiples are not unheard of in the cryptocurrency market, it would be extremely difficult for an asset that’s already valued at $5.52 billion to produce such a performance as that would require truly immense amounts of capital to be invested into Polygon. 

The only feasible way for Polygon to reach $1,000 would be a redenomination of the MATIC token. Such a measure could technically bring the price of 1 MATIC token to $1,000, but that wouldn’t mean much for investors as the total value of their holdings would stay the same.

Another way Polygon could theoretically reach a price of $1,000 would be a MATIC token burn that would drastically reduce the supply. However, this is unlikely to happen in practice. $MATIC #dyor dyor

If history is any indication, we can expect Litecoin to drop in value following the August 2 halving. After the two previous Litecoin halvings, LTC’s price dropped in the first month after each event. In addition, the logarithmic prediction for Litecoin expects the same story to repeat this year, with LTC dropping to $71.33 by September.

While past performance is not necessarily an indication of future activity, the markets often move in cycles. Major pre-programmed events like Bitcoin halvings, Litecoin halvings, and other major updates to the supply of cryptocurrencies are especially impactful when it comes to the prices of underlying assets.

In this article, we are going to examine what we can expect following the Litecoin halving that took place on August 2nd and dive into Litecoin halving 2023 price predictions.

What is Litecoin price prediction after halving 2023?

According to the Litecoin price prediction algorithm on CoinCodex, the price of Litecoin is expected to drop by more than -32% in the next month, reaching $71.33 in early September. In the next 3 months, LTC could drop to as low as $66.28.

These price movements loosely reflect Litecoin’s performance following the first and second LTC halvings in 2015 and 2019. Both times, LTC’s price decreased in the month after each halving – roughly -5% in 2015 and -32.5% in 2019.

Interestingly, the price of LTC peaked about a month before each Litecoin halving so far and started decreasing as the halving event approached.

Litecoin price prediction 2023-2025

Beyond the three-month mark, Litecoin is forecasted to face a prolonged period of sideways movement, trading in a range-bound zone between $76 and $61 for most of 2024. It isn’t until the fourth quarter of 2024 that Litecoin is expected to start gaining momentum again, with LTC eventually surpassing the $100 mark at the end of the year.

By the halfway point of 2025, Litecoin could reach as high as $202, which would be the highest price Litecoin has traded at since late 2021. Between the middle point and the end of 2025, we could see the peak of the next crypto bull run, which could be the reason why LTC is forecasted to rally at that time.

As things currently stand, it seems quite likely that we’ll see Litecoin repeat price performance from previous halving cycles. The price of Litecoin peaked about a month before the first and second halving, and the same happened the third time around. However, LTC could start mounting a comeback in late 2024 and reach a multi-year high in the first half of 2025. $LTC #dyor

Investors who are particularly bullish on Solana often discuss ambitious price targets for SOL. One of the potential targets we see mentioned often is $1,000. This is not too surprising, as investors are often focused on round numbers, such as $10, $100, $500, or $1,000—these are often called “psychological price levels”.

It is certainly possible for Solana to reach $1,000 in the future under the right conditions. At its very peak in November 2021, SOL reached a price of just under $260, which corresponded to a market capitalization of $78.3 billion.

Given the current SOL supply of 402.5 million tokens, an SOL price of $1,000 would translate to a $402.5 billion market capitalization for Solana. This is obviously a very large valuation, but it’s not completely unthinkable. For example, the market capitalization of Bitcoin at the time of writing is $587 billion, so it’s definitely possible for cryptocurrencies to reach such market capitalization.

Ethereum’s peak market capitalization was around $548 billion, so it’s definitely not out of the realm of possibility for Solana to reach a $378 billion market cap. Still, getting to a price of $1,000 would require Solana to increase in price by about 40x, which won’t be easy at all. $SOL