These 6 Altcoins Have the Best Chance to Pump in the Remaining Months of 2024, ChatGPT Predicts

2024 has so far been quite successful for numerous alternative coins, whose prices soared substantially. Despite the wobbly condition of the crypto

As 2024 progresses, several alternative coins have seen a significant rise in their prices. Despite the overall condition of the crypto market, multiple analysts believe that an altcoin season might be on the horizon.

We asked ChatGPT which digital currencies, apart from bitcoin (BTC), have the best chance to thrive in the remaining months of the year.

The AI-powered chatbot began its prediction with a disclaimer, stating that a potential bull run is “highly speculative” and depends on positive market sentiment, technological developments, the regulatory environment, and other factors.

It then listed six altcoins that could perform the best until New Year's Eve, starting with the largest in terms of market capitalization – Ethereum (ETH):

“Due to its widespread use in DeFi, NFTs, and smart contracts, it remains a leading contender. Ethereum has the potential for a strong performance in the remaining months of 2024, but the outcome will largely depend on the interplay between technological progress, market sentiment, and macroeconomic conditions.”

The chatbot went on to mention Solana (SOL) and Polkadot (DOT). It highlighted Solana for its high-speed and low-cost transactions, claiming that further progress in its ecosystem could benefit the price of the native token. For its part, Polkadot focuses on interoperability between different blockchains.

“Polkadot’s unique architecture allows different blockchains, called parachains, to run in parallel and interoperate. As more parachains go live and launch their mainnet functionalities, it could attract more developers, projects, and users to the Polkadot ecosystem, driving demand for DOT,” the prediction reads.

Chainlink (LINK), Cardano (ADA), and Avalanche (AVAX) are the remaining altcoins. According to ChatGPT, Cardano's potential surge will mainly depend on the successful implementation of vital upgrades within the ecosystem.

The next is the Chang Hard Fork, which focuses on complete decentralization and community-driven governance. While it was initially set to go live on the mainnet on August 27, it was later rescheduled for September 1.

It is interesting to note that ChatGPT did not include Ripple's XRP in its list of potential gainers for the near future. The asset was trading at around $0.61 on January 1, 2024, and currently, it trades at around $0.58, which marks a 5% decline year-to-date (YTD).

XRP's price has been mainly affected by developments surrounding the legal battle between Ripple and the US SEC.

For instance, it soared by 20% at the start of August when Judge Torres ruled that the company must pay a $125 million penalty for violating certain securities laws. Numerous industry participants interpreted the decision as a major victory for the firm, considering that the fine is just a fraction of the regulator's initial request for $2 billion.

Both parties have until early October to appeal the ruling. It will be interesting to see whether any of them will proceed with such a move and whether it will trigger enhanced volatility for XRP.

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