Experts in the cryptocurrency community continued to test the popular language artificial intelligence-based ChatGPT model.
This time, the chatbot was asked to evaluate the investment potential of the largest memtokens DOGE, SHIB and PEPE.
The artificial intelligence system announced that the future appeal of Dogecoin, Shiba Inu and PepeCoin lies in the potential for rapid price growth and the ability to be used in social initiatives.
Because of their connection to internet memes and profile communities, these tokens often use viral internet trends and the same memes to attract interest and create a sense of belonging and unity among supporters, the AI stated.
Elon Musk is behind DOGE, SHIB is behind SHIB ARMY – the power of trend and the SHIB ARMY community, and the PEPE coin conquered the world by taking advantage of 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 prediction of the future is impossible because it depends on many random factors.
“It’s important to understand: memtokens are driven by speculative trading and hype, not by fundamental value or utility.
Their prices can be highly volatile and subject to significant fluctuations depending on social media trends, celebrity recommendations, or the actions of online communities.
This category of digital assets can only have long-term investment appeal if they are widely used,” says ChatGPT.
Summarizing ChatGPT’s responses, the crypto researchers concluded that despite the rise in value, significant attention and creation of supporters groups, the long-term sustainability and significance of memtocens in the cryptocurrency industry is not clear.
So investing in such assets should be done with caution, viewing them as short-term, high-risk speculative investments.
Earlier, experts in the crypto-industry with the help of ChatGPT chatbot received
a prediction of the possible movement of bitcoin’s value at the time of the 2024 halving.