It has been confirmed by many experts that the cryptocurrency market has entered another bull market. ChatGPT, one of the leading AI chatbots owned by OpenAI, has picked Solana, Cardano, and Everlodge for upward price movements in 2023. Let’s see why.
Solana (SOL) on the Road To $63.79, Says Analyst
Last week, Johnny, a trader and analyst, made a prediction about Solana (SOL). He said that the price of Solana would see more gains. In his X post, he mentioned that the first hurdle for Solana crypto to cross is the $59.91 resistance level.
If Solana cryptocurrency manages to surpass the $59.91 level, the next goal Johnny mentioned was $63.79. However, he also mentioned a lower target of $51.23 for Solana value if it falls below the $54 to $56 support zone.
Currently, CoinMarketCap data showed that the Solana token has traded between $52.05 and $67.50 in the past week. Traders are hoping for a major break out to the $70 region. SOL was trading above the 50 and 200-day EMAs, a sign that bulls were in charge. Hence, ChatGPT’s Solana prediction sees the token entering the $70 region in the coming weeks.
Cardano (ADA) Founder Teases OpenAI Partnership
Speaking about ChatGPT, its parent firm, OpenAI, recently removed Sam Altman as CEO. Reports cited the board of directors made the call. The Cardano founder, Charles Hoskinson capitalized on the opportunity. He offered Altman an invitation, inviting the ex-CEO to join a project involving a decentralized large language model (LLM).
In other news, Cardano’s ADA has been on a notable uptrend as it increased 50% in the last month. Analysts, such as Ali on Twitter, expect a possible ongoing rally. According to Ali, Cardano crypto must surpass the $0.45 resistance in early December to $0.75 by the end of the year.
ChatGPT supports Ali’s forecast as it predicted a rise $1 by December. According to CoinMarketCap, Cardano coin was green on all timeframes with a 53.7% gain on the monthly timeframe. The price of Cardano oscillated between $0.346738 and $0.406049 in the past week.
Everlodge (ELDG), A Major Force in the Real Estate Space
Everlodge (ELDG) has emerged as a major force in the real estate sector. The team has outlined plans to combine timeshare, blockchain technology, and fractional ownership to make luxury property investments accessible to everyone. Previously, owning a high-value villa in top locations like Miami was a privilege reserved for the wealthy.
Everlodge’s innovative platform has changed the game. Everlodge allowed small earners to own a share of such properties with as little as $100. Using blockchain, Everlodge ensured that property details, including deeds and titles, were transparent. This has built trust in the platform and provided investors with increased security.
The integration of NFTs has proven to be a brilliant move for the project. Everlodge provided a representation of a property investor’s interest. It also made sure that the price of the NFT was immediately impacted by any increase in the property’s value. Peer-to-peer marketplaces might be used by holders to sell their NFTs, generating a flexible market for fractional ownership.
ELDG is more than just a transactional token; it is an essential part of the Everlodge ecosystem. Currently, the price of Everlodge’s token has skyrocketed from $0.010 to $0.025. ChatGPT has predicted a 30x increase in ELDG’s value as it forms partnerships with luxurious accommodations worldwide.
