An AI model predicts that XRP may reach $5, and also gives a bullish forecast for the emerging Altcoin STARS. Global traders are turning to ChatGPT to gain insights and new ideas for the crypto market.
The AI model has made a prediction about XRP - it believes the token could reach $5 faster than many people think.
It also has some exciting views on Crypto All-Stars (a presale project that has already raised over $4.8 million).
XRP Hits 3-Year High, Investor Demand Surges
Recently, XRP has been performing extremely well, with its price soaring to $1.12 - a 3-year high.
Since November 3rd, the XRP price has surged an astonishing 126%, buoyed by the return of optimism in the crypto market.
While it has since pulled back after briefly touching $1.26 over the weekend, most investors believe this is just a temporary pause before the next leg up.
The open interest in XRP contracts has also reached its highest level since September 2021.
The rise in XRP is attributed to speculation that a Donald Trump re-election could lead to a more crypto-friendly regulatory environment in the US.
For XRP, this optimism is primarily focused on the possibility of the long-running lawsuit by the SEC against Ripple being dropped.
If this were to happen, it would remove a major obstacle for XRP.
With the market momentum building and key factors aligning, XRP appears to be setting the stage for the next leg up.
So, how high could the XRP price go?
ChatGPT Predicts XRP Could Reach $5 by Mid-2025
ChatGPT's prediction that XRP could reach $5 has generated a lot of attention - and for good reason.
If XRP were to hit $5, it would represent a massive 345% gain from the current price of $1.12.
Such a rally would make XRP one of the top performers in any future bull market.
ChatGPT believes there are several factors that could drive XRP to such a significant upside.
These include the buzz around a crypto-friendly US president, as well as potential changes in SEC leadership - especially if Gary Gensler were to step down.
Additionally, there is technical momentum supporting ChatGPT's forecast.
ChatGPT has identified bullish patterns like Elliott Waves, suggesting XRP could break above $5 and even see a 5x gain in an extended rally.
However, specifically for the $5 target, ChatGPT believes the realistic timeline is mid-2025.
This prediction aligns with many people's expectations for the peak of the next crypto bull market.
Of course, the situation around XRP could change rapidly.
But given XRP's recent price surge, ChatGPT's bullish forecast is hard to ignore.
ChatGPT Sees Crypto All-Stars Potentially Exploding 20x After Listing
ChatGPT also shared its bullish outlook on the emerging meme coin star, Crypto All-Stars.
This new meme coin project has already raised over $4.4 million in early funding.
Its MemeVault feature is a key reason Crypto All-Stars has attracted a lot of attention.
This feature allows users holding top meme coins like Dogecoin and Pepe to stake them and earn STARS rewards.
The MemeVault is built on the ERC-1155 standard, meaning it supports coins from different blockchains.
There is also a secondary staking protocol for the STARS token itself.
This protocol offers an impressive annual percentage yield (APY) of up to 377%, and investors have already locked up over 19 billion tokens since launch.
ChatGPT's prediction for STARS is quite bold, but also has some real basis.
The model forecasts that STARS could see 10x to 20x growth by 2025, potentially reaching as high as $0.032.
ChatGPT attributes this growth to the anticipated 2025 bull market and the expected widespread adoption of the MemeVault feature.
This prediction aligns with the view of YouTuber ClayBro, who forecasts STARS could see a 29x increase in value after listing on exchanges, further highlighting his bullish sentiment on the token.
So, while Crypto All-Stars is still in its early stages, its strong fundraising ability and exciting features suggest it has significant potential.
