Crypto:
30444
Bitcoin:
$61.390
% 0.71
BTC Dominance:
%53.3
% 0.38
Market Cap:
$2.25 T
% 0.63
Fear & Greed:
30 / 100
Bitcoin:
$ 61.390
BTC Dominance:
% 53.3
Market Cap:
$2.25 T

Investment Advice for These Altcoins from Google Bard!

Investment Advice For These Altcoins From Google Bard!

Google Bard Offers Investment Advice! With the excitement of the upcoming new year, Google Bard artificial intelligence platform once again thoroughly analyzed the trends in the cryptocurrency market at the beginning of 2024. Bard identified the most promising 5 cryptocurrencies for 2024.

The top choice of artificial intelligence is the leading cryptocurrency Bitcoin (BTC). Bard emphasized that BTC is a ‘strong candidate for growth in 2024,’ stating that despite the recent fluctuations that turned it into a ‘volatile investment tool,’ it still holds significant long-term potential. According to current data, the value of Bitcoin is hovering around $43,652, experiencing a notable loss of 159.32% within the year.

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The leading altcoin Ethereum (ETH), taking the second position, also caught Bard’s attention. Bard predicted that the adoption of a more energy-efficient proof-of-stake consensus mechanism in 2024 could enhance the value of ETH. Ethereum is currently trading at $2,287.66 and has shown a 6.03% increase in the last seven days.

Investment Advice For These Altcoins From Google Bard!

In the third position is the cryptocurrency Cardano (ADA), a competitor to Ethereum. Bard highlighted Cardano as a ‘relatively new cryptocurrency focused on sustainability and scalability,’ mentioning its potential to attract attention in 2024 thanks to the ‘Ouroboros proof-of-stake consensus mechanism’ that can process transactions faster than Bitcoin and Ethereum. ADA was trading at $0.61 at the time of writing, showing a significant progress of 56.37% in the last 30 days.

Taking the fourth spot is Solana (SOL), another cryptocurrency on Bard’s radar. Bard emphasized Solana as a high-performance blockchain known for its speed and low fees, suggesting its potential to impact the DeFi and Web3 sectors. Solana is currently trading at $115.12, reflecting a 2.57% increase at the time of writing. SOL has garnered attention with notable increases of 64.62% in the past week and 97.24% in the last month, achieving a remarkable yearly progress of 912.35%.

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