June 7, 2023

ChatGPT calculated the investment potential of DOGE, SHIB and PEPE memtokens

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2 minutes.

ChatGPT calculated the investment potential of DOGE, SHIB and PEPE memtokens

The popular ChatGPT chatbot predicted the possibility of long-term investment attractiveness of meme tokens if such assets find more serious practical use.

Crypto community experts continued to testpopular language model based on artificial intelligence ChatGPT. This time, the chatbot was asked to evaluate the investment potential of the largest memtokens DOGE, SHIB and PEPE.

The artificial intelligence system announced thatThe future appeal of Dogecoin, Shiba Inu and PepeCoin lies in the potential for rapid price growth and the possibility of being used in social initiatives.

Through association with internet memes and profilecommunities, these tokens often use viral internet trends and the same memes to generate interest, as well as create a sense of belonging and unity among supporters, AI stated. DOGE is backed by Elon Musk, SHIB is the power of the trend and the SHIB ARMY community, and PEPE has taken the world by storm, capitalizing on the popularity of the Pepe the Frog meme.

ChatGPT claims that DOGE, SHIB and PEPE will remain attractive in the short term. However, a long-term forecast of the future is impossible, as it depends on many random factors.

“It is important to understand:Memtokens are defined by speculative trading and hype, not fundamental value or utility. Their prices can be highly volatile and subject to significant fluctuations depending on social media trends, celebrity recommendations or online community activities. This category of digital assets can maintain long-term investment attractiveness only if it is widely used in practice,” ChatGPT believes.

Summarizing ChatGPT responses, crypto researchersconcluded that, despite the rise in value, significant attention and the creation of groups of supporters, the long-term sustainability and significance of memtokens in the cryptocurrency industry is not clear. Therefore, investing in such assets should be carried out with caution, considering them as short-term high-risk speculative investments.

Previously, crypto industry experts using the ChatGPT chat bot received
forecast of the possible movement of the value of bitcoin at the time of halving 2024.