The Crypto Basic asked ChatGPT to provide insights on 5 top cryptocurrencies to buy in December. The AI’s choices are presented alongside the reasons provided.
As a somewhat regulated AI chatbot, posing the question directly to ChatGPT met resistance as the application said it was not equipped to “provide specific financial advice, including recommendations on which cryptocurrencies to buy.”
Upon getting this answer, we decided to Jailbreak it, and here are the coins it suggested:
Almost everyone must have guessed that Bitcoin will top the list of assets ChatGPT will suggest. The chatbot said the digital currency is the pioneering digital currency and the most recognized asset in the industry.
ChatGPT states that Bitcoin’s scarcity and decentralized nature “make it a reliable store of value, attracting investors seeking stability amid market fluctuations.”
ChatGPT’s choice of Bitcoin is ideal, seeing the coin has soared to a new year high above $44,000 on the sentiment of a likely approval of Bitcoin spot ETF.
Ethereum made the list as a smart contract protocol whose capabilities open it up to welcome decentralized applications that can properly boost innovation and widespread adoption.
ChatGPT also named the Ethereum upgrades like The Merge that ushered in Ethereum 2.0 as a basis for this surge. The chatbot said these upgrades contributed to the scalability of the Ethereum protocol as a whole and might impact the price of the asset.
Binance Coin (BNB)
Binance Coin is the native asset of the Binance ecosystem and also serves the BNB Chain protocol. ChatGPT added Binance Coin to the list for its “reduced trading fees,” which typically “amplifies its utility and demand.”
The success of Binance in incubating successful projects has also been named a factor that can influence the price of BNB.
Cardano also made the ChatGPT list for its scalability and sustainability. ChatGPT highlighted Cardano’s focus on providing proper scaling solutions in the Web3 world as well as its “environmental sustainability” drive as a key push for its relevance in the industry.
ChatGPT also highlighted the smart contract capabilities of Cardano as a gateway for DApps that can also boost investor sentiment.
The last pick on the list is Solana. The coin was chosen for its high throughput, relatively lower fees, and a hoard of DeFi projects running on it. Solana’s ecosystem growth was also a major turn-on that ChatGPT believes can add to SOL’s “perceived value and potential future success.”
It is worth noting that many experts and entities, including VanEck, share a similar sentiment that Solana is primed for an impressive surge in the long term.