ChatGPT Provides AVAX Worth Outlook & Meme Kombat Evaluation

AVAX, the native token of the Avalanche blockchain, has seen spectacular value development previously three weeks.

Since January’s low, AVAX is up over 50% – and ChatGPT believes the token’s bullish run might proceed within the months forward.

ChatGPT additionally highlighted fellow altcoin Meme Kombat (MK) as one other cryptocurrency price watching as a consequence of its gaming integration and thriving on-line neighborhood.

AVAX Technicals Flash Inexperienced as Investor Demand Ramps Up

On the time of writing, AVAX is hovering across the $41 stage – its highest worth since January 11.

The token has rebounded aggressively following the bearish momentum seen in mid-January, which introduced AVAX right down to $27.30.

Since then, AVAX has posted three inexperienced weekly closes in a row and can possible make it a fourth this week.

From a technical perspective, AVAX has damaged out of a large bull flag sample on the day by day time-frame.

This sample normally happens earlier than one other sharp impulse – which seems to be underway at the moment.

Including to the bullishness is that AVAX tapped the 50-day Exponential Shifting Common (EMA) as help final week, utilizing it as a base to soar greater.

Each day spot buying and selling volumes for AVAX have additionally breached $620 million, making it the twelfth most-traded cryptocurrency globally.

The confluence of those technical components paints an more and more optimistic image for AVAX over the approaching days and weeks.

ChatGPT Sees $80 for AVAX By Finish of 2024

With its sturdy rebound and return to type technically, the stage seems set for additional upside for AVAX.

We requested the viral AI system ChatGPT for its tackle the place AVAX might go in 2024.

Given Avalanche’s increasing ecosystem and place as a number one Ethereum competitor centered on scalability, ChatGPT has a extremely bullish stance on AVAX’s prospects.

The AI mannequin highlighted a number of components that might enhance demand for AVAX over the following 11 months.

Crypto gaming stays a big development space, as Avalanche aggressively convinces builders to construct video games on its high-speed platform.

Furthermore, finance and NFTs are additionally increasing on Avalanche, broadening its use case and enchantment.

If all goes properly and a crypto bull market happens, ChatGPT sees AVAX reaching as excessive as $80 by the top of the yr.

This could signify a whopping 93% rise from the present AVAX value.

So, though AVAX is already performing exceptionally properly, ChatGPT believes there’s much more room for upside.

ChatGPT Says Meme Kombat Worth May Explode As soon as Listed on Exchanges

Whereas Avalanche has sturdy momentum behind it, one other crypto venture on the rise is Meme Kombat (MK) – an Ethereum-based platform combining memes and play-to-earn (P2E) gaming.

Within the midst of a extremely profitable presale, which has raised over $8.7 million thus far, Meme Kombat has begun attracting consideration from the retail funding neighborhood.

The venture now has an viewers of over 18,000 on Twitter and has even been ranked fourth on CoinSniper.web.

A lot of the thrill round Meme Kombat is right down to its AI-powered battle area, which permits customers to wager MK tokens on comedic battles between well-liked web characters.

Armed with this data, we requested ChatGPT to research Meme Kombat’s prospects in 2024 and predict what value the native MK token might hit.

ChatGPT highlighted a number of components that might drive substantial adoption and value appreciation of MK, together with the rising reputation of crypto gaming and Meme Kombat’s lively neighborhood.

The AI mannequin additionally identified the event workforce’s plans to listing MK on main exchanges as an vital milestone for enhancing accessibility.

Placing all of this collectively, ChatGPT thinks MK might commerce between $1 and $2 by the top of 2024.

Ought to MK hit the $2 stage, it might signify over 7x beneficial properties for many who make investments on the present presale value.

Though completely hypothetical, ChatGPT’s bullish forecast highlights the potential upside for Meme Kombat if the builders can execute their launch technique successfully.

Go to Meme Kombat Presale

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