Cryptocurrency sector has recently joined an artificial intelligence-focused frenzy, and many AI-focused projects have been launched. Another result of this is emerging as asking AI software for predictions about cryptocurrency projects. This adventure, which started with OpenAI, continued with different options like Google Bard, and Google Bard is making a name for itself, especially with cryptocurrency price predictions.
Google Evaluates MATIC Price
In previous dates, predictions about the prices of certain cryptocurrencies were requested from AI software like Google Bard, and while some of them were consistent, some went beyond the predictions. The latest cryptocurrency that Google Bard made a prediction about is the layer 2 solution Polygon (MATIC). Polygon 2.0 developments are ongoing, and it is known that the name MATIC will be changed to POL after its launch. This change can actually witness very significant developments for Polygon.
Google Bard emphasized Polygon 2.0 in its price prediction and stated that this would make the Polygon network more scalable and efficient. The AI, which stated that the network would be stronger than ever with the Polygon 2.0 update, also mentioned that more users would flock to the network in this way.
New Prediction for MATIC Price
The prediction made by Google Bard indicates that the MATIC price could reach $2 or even $3 after this update. When looking at the unit price of $0.68 for MATIC, it can be seen that this means a 4 or even 5-fold increase.
In fact, MATIC experienced a sharp decline of around 16% on the monthly chart, and the situation is not improving. The reason for this is known as the increasing competition and similar layer 2 solutions like Arbitrum starting to take a share of the pie. However, this situation can relatively slow down with Polygon 2.0, and the leading cryptocurrency can definitely reach a different dimension.
Taking this situation into consideration, Google Bard pointed out that the price could reach $3 if everything goes smoothly.
