In the crypto sphere, it is normal for crypto enthusiasts to keep a close tab on the future price trajectories of their favorite crypto assets. By doing so, they can make the right decisions about selling off or holding on to their digital assets to make profits.
This insight shall reveal possible realistic Terra Classic (LUNC) prices by the end of 2024, as disclosed by ChatGPT and Google Bard.
Read Also: Google Bard Predicts Terra Classic (LUNC) Price Should Bitcoin Hit $200,000 After Halving
For context, ChatGPT and Bard are artificial intelligence model chatbots developed respectively by OpenAI and Google. Both technologies have witnessed significant adoption in the crypto space for cryptocurrency price predictions and analyses.
It is worth noting that LUNC is currently changing hands at approximately $0.00012. It is ranked 97th in the crypto market.
ChatGPT’s Insight
According to the ChatGPT, three possible scenarios with distinct price predictions could play out by the end of 2024.
For a conservative estimate, which implies that Terra Classic (LUNC) will continue gaining traction as a payment instrument but at a slower pace, ChatGPT projected prices between $0.0010 and $0.0015.
The AI model remarked, “This estimate is based on the assumption that Terra Classic will continue to gain traction as a payment method and decentralized finance (DeFi) platform but at a slower pace than some of the more speculative predictions.”
Going further, ChatGPT noted that for a moderate state estimate, which indicates an increased adoption rate and popularity for Terra Classic (LUNC), the token could achieve price levels in the range of $0.002 to $0.003.
The third scenario was tagged as an aggressive estimate. It envisages LUNC’s ability to defeat significant competitors. ChatGPT predicted price levels between $0.005 and $0.01.
Bard’s Insight
Per Bard, LUNC’s possible price actions in 2024 will depend mainly on a complex interplay of several factors, including the Terra Classic ecosystem recovery, market sentiment, outdoing competitors, market sentiment, and technological advancements.
The Google AI model also projected LUNC price trajectories based on three possible scenarios that could ensue by the end of 2024.
Bard noted that an optimistic outcome will see LUNC achieve prices ranging from $0.003 to $0.005. A part of Bard’s projection read thus, “This scenario would require substantial progress in rebuilding the ecosystem and regaining investor trust.”
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Read Also: Google Bard Sets Terra Classic (LUNC) Price For January 31
Picking on potential price targets that could occur in a moderate scenario, Bard remarked, “This scenario would depend on gradual development and adoption within the ecosystem and a stable market environment.” It added that Terra Classic (LUNC) could attain price levels between $0.001 and $0.002.
Finally, in a pessimistic outlook, Bard stated, “If the ongoing challenges persist, market sentiment turns negative, and LUNC fails to gain traction, its price could stagnate or even decline further. Reaching $0.001 by the end of 2024 might be challenging in this scenario.”
Both AI technologies concluded their price projection, emphasizing the need for adequate research before delving into any crypto investment. It is left to see how events unfold.
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