With Wall Street Memes Token set for ‘Significant Increase,’ ChatGPT Analyzes Crypto Prices

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The world of cryp­to is ever-chang­ing, with the emer­gence of Chat­G­PT trans­form­ing the way traders con­duct research and analysis.

The ana­lyt­i­cal prowess of Chat­G­PT has allowed traders to gain insights into the future price tra­jec­to­ries of cryp­tos like Bit­coin and Ethereum – adding a valu­able tool to their trad­ing toolkit.

But it’s not just about the big play­ers. Chat­G­PT is also now being used to uncov­er hid­den gems in the mar­ket – with meme coin Wall Street Memes (WSM) sur­fac­ing as one of the most promis­ing projects in the space.

Crypto Market Outlook Remains Bullish According to ChatGPT

Lever­ag­ing its pow­er­ful pre­dic­tive capa­bil­i­ties, Chat­G­PT has been mak­ing head­lines after giv­ing its AI-pow­ered per­spec­tive on the cur­rent state of the cryp­to market.

Big play­ers like Bit­coin and Ethereum have tak­en a tum­ble in recent weeks, with investors unset­tled by the stag­na­tion in dis­cus­sions to ele­vate the US debt ceiling.

Nev­er­the­less, Chat­G­PT analy­sis sug­gests that the cur­rent bear­ish momen­tum is only a blip – and that the mar­ket could bounce back in the lat­ter half of the year.

Per Chat­G­PT, Bitcoin’s val­ue could soar to between $40,000 and $45,000 in the next six months, which would mean an increase of between 51% and 70%, based on the cur­rent price.

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Addi­tion­al­ly, Chat­G­PT esti­mates that Ethereum’s price could regain the $3,000 price point by the end of the year. This price point hasn’t been touched since April 2022 and would be a 65% leap from today’s price.

Byeond Bit­coin and Ethereum, Chat­G­PT antic­i­pates a rebound for the meme coin vet­er­an, Doge­coin. The mod­el projects that DOGE could hit $0.12 by the end of 2023 – a healthy 69% increase.

These opti­mistic fore­casts will be warm­ly received by cryp­to bulls, who’ve recent­ly observed a 10% or more drop in most major coins.

On a less pos­i­tive note, there are sev­er­al cryp­tos that Chat­G­PT isn’t too hot on – and Pepe Coin is the most notable one.

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Accord­ing to Chat­G­PT, the PEPE price could fall back to $0.0000010 by the end of the year – and poten­tial­ly even lower.

Should this hap­pen, Pepe Coin would trade 77% below its all-time high from May 5.

Bar­ring its skep­ti­cal take on Pepe Coin, Chat­G­PT sug­gests a promis­ing ral­ly for major coins in the year’s lat­ter half – which will be wel­come news to cryp­to investors.

ChatGPT Predicts Exponential Growth for Wall Street Memes After Raising $100,000

Although Chat­G­PT is opti­mistic about the cryp­to market’s future, many investors remain on the look­out for alter­na­tives in case these sce­nar­ios don’t materialize.

One alter­na­tive gain­ing trac­tion in the mar­ket is Wall Street Memes (WSM) – a new cryp­tocur­ren­cy inspired by the Wall Street Bets movement.

Wall Street Memes seeks to lever­age the momen­tum sparked by this move­ment in 2021 dur­ing the whirl­wind that was the GameStop short squeeze.

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The Wall Street Memes project already boasts over 400,000 fol­low­ers across its social media pro­files, high­light­ing the incred­i­ble com­mu­ni­ty back­ing it has.

This back­ing stems from the mas­sive pop­u­lar­i­ty of the Wall St Bulls NFT col­lec­tion, launched in 2021. The col­lec­tion was an instant suc­cess, sell­ing out with­in 32 minutes.

Accord­ing to OpenSea, 1,861 ETH worth of these NFTs have been trad­ed since their launch – equat­ing to over $3.3 million.

Now, the Wall Street Memes team has just launched its own token, WSM, allow­ing com­mu­ni­ty mem­bers to poten­tial­ly prof­it from the community’s growth.

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Chat­G­PT is already opti­mistic about WSM’s prospects, believ­ing it could explode in val­ue once list­ed on major exchanges.

Per Chat­G­PT, WSM could ride a wave of excite­ment and enthu­si­asm fol­low­ing its exchange list­ing – pro­pelling the token to the $0.15 lev­el, a “sig­nif­i­cant increase” from its cur­rent price.

Such an event would sig­ni­fy a remark­able 500% increase from the ongo­ing pre­sale price of $0.025 in stage 1, which is set to rise to $0.0337 by the final pre­sale stage.

The hype is already begin­ning to build around Wall Street Memes’ prospects, with the project’s offi­cial Dis­cord serv­er see­ing a mas­sive influx of new members.

Adding to the hype, the Wall Street Memes pre­sale raised a stag­ger­ing $100,000 with­in the first 24 hours of being live, indi­cat­ing investors’ eager­ness to get involved while the token price is still low.

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