Since the debut of ChatGPT, the biggest artificial intelligence chatbot, the hype around AI has been crazy. Every day, someone would explore some new way to use ChatGPT and its “limitless” power. That was around the time when the “trend” shifted from cryptocurrencies, blockchain, and the metaverse, to artificial intelligence. However, though, a new project that joined the market just some hours ago claims to have built a bridge between these technologies. This project goes by the name of CryptoGPT and has skyrocketed just hours after its launch. While most people believe this project is just hype based, there are others that believe in its future.
CryptoGPT claims to have built a bridge between blockchain and artificial intelligence – two of the most powerful technologies out there. The goal of this project is to combine the power of these two and utilize them maximally. This way, CryptoGPT is likely to provide us with a unique and innovative cryptocurrency experience. The core of this project is the monetization of AI data provided by users. This way, $GPT users can benefit from generating AI data.
Throughout this article, we will touch upon the fundamentals of CryptoGPT. Additionally, we will provide a CryptoGPT (GPT) price prediction for 2023, 2025, and 2030.
What is CryptoGPT (GPT)?
CryptoGPT is an Ethereum Layer-2 project that lets you own the monetization of your AI data. This L2 is different from most other Layer-2s, however. CryptoGPT is a Zero-Knowledge (ZK) rollup Layer-2, meaning that its network moves data off-chain, increasing Ethereum’s throughput as it does so. This cryptocurrency project has a lot of potential as it connects two of the most promising technologies out there. In less than a month, CryptoGPT has accumulated more than 265,000 followers on Twitter. After making its debut earlier today, on March 10th, 2023, the native token of this project, $GPT, skyrocketed in price.
The official website of CryptoGPT comes with a built-in AI chatbot that goes by the name of Alex. We asked Alex what CryptoGPT is and this is the answer he gave us.
“CryptoGPT is the ZK Layer-2 that lets you own the monetization of your AI data. It allows users to use the protocol’s apps – music, lifestyle, dating, travel and other apps – and opt in to monetize their data. The collected data is packaged and sold in the global data marketplace – a trillion dollar data market that uses data to built AI models in various industries.”
Alex, AI chatbot of CryptoGPT
How Does CryptoGPT Work?
In essence, CryptoGPT is promoting something they call AI2Earn. The project’s team aims to reach its goal through AI2Earn. Basically, AI2Earn is a feature that allows CryptoGPT users to monetize the data they generate from using artificial intelligence. This way, users can capitalize even more by using artificial intelligence on the daily basis. By using the protocol’s apps that include industries such as music, lifestyle, travel, and dating, users will generate data. Later on, that data is packaged with other chunks of data and sold in a trillion-dollar data market globally. The buyers will most probably be AI researchers and developers.
CryptoGPT (GPT) Price Prediction 2023, 2025, 2030
Without further adieu, let us present our price prediction for CryptoGPT. This blockchain/AI project made its debut on the 10th of March 2023. Immediately after its launch, CryptoGPT got over 265,000 followers on its official Twitter account, with several parody accounts reaching up to 50,000 followers. While Bitcoin is currently experiencing a downtrend, GPT’s price increased by more than 900% just some hours after its debut. We will take every factor into account and present our price forecast for GPT as precisely as possible.
CryptoGPT (GPT) Price Prediction 2023
CryptoGPT is the youngest cryptocurrency in the market, having joined the market today on 10 Mar. This means that this project has a lot of time ahead to prove itself as credible and worthy of investing in it. At the time of its launch, at 11:00 AM UTC, GPT was trading at a price of only $0.005. At 03:36 PM UTC, GPT holds a trading value of $0.050 per piece. Such growth left thousands of investors with huge profits. According to CoinMarketCap, GPT has a market capitalization of only $15 million. This means that GPT has the potential to 100x sometime in the future.
As for 2023, we believe that CryptoGPT could reach a trading value of $0.45 by the end of the year. While we are likely going to be in the bear market even then, reaching such a price should be easy for such a major project. If the market around GPT is not as fruitful as expected, however, the token may end the year with a potential price of $0.21.
CryptoGPT (GPT) Price Prediction 2025
Moving on to 2025, the year all of us are waiting for. As you may know, the cryptocurrency market is likely to perform significantly better in 2024 and 2025. This is because of the next Bitcoin halving event that will take place in mid-2024. Historically, the Bitcoin halving has successfully initiated a bull run every time it took place. While this is not certain, it is very likely that it is going to happen. By then, the global economy is also likely to start recovering as well. Both of these factors are likely to affect the price of other cryptocurrencies and CryptoGPT heavily.
Our CryptoGPT price prediction for 2025 shows GPT trading at new all-time highs. We believe that GPT could see a new all-time high several times during 2024 and 2025. By the end of 2025, this token may have set a new all-time high between $2.60-$3.00. Because of its low total supply, CryptoGPT is likely to reach prices even higher than this one.
CryptoGPT (GPT) Price Prediction 2030
While we have 7 years to go until we reach 2030, predicting what the price of a token could be then is not that hard. While it may not be accurate, it can be used to get a good idea of where the project could be sitting after 7 years. CryptoGPT seems like a solid project with a legit team and an ever-growing community. Their core team is made up of qualified individuals who are dedicated to the project. Because of this, we believe that CryptoGPT is here for the long run. Nevertheless, please do your own research and invest only what you can afford to lose as this is not financial advice in any way.
By the end of 2030, we are likely to experience two more bull runs. This means that there is a high chance we may see prices way higher than what we saw in 2021. By the end of 2030, we believe that GPT could’ve achieved an all-time high between $6.00-$6.80. Since CryptoGPT has a supply of 300 million GPT, reaching such a price means accumulating over $2 billion in market cap. Such market capitalization is realistic for a project as promising as CryptoGPT.
Frequently Asked Questions (FAQ)
Who Created CryptoGPT (GPT)?
CryptoGPT (GPT) was not founded by OpenAi. The team of CryptoGPT consists of Jamila Jelani, Dejan Erja, Art Búagdoas, Bradley Tafe, Valdas Abromavicius, Bruni Rafael, Emanuel Júnior, and Rafael Dantas. Each member of the team has several years of experience in either AI, blockchain, marketing, or ecosystem building. This makes CryptoGPT a reliable and safe project with a lot of potential.
Is CryptoGPT a Good Investment?
Yes. Since its debut, CryptoGPT has proven itself as a good investment. Through transparency, efficiency, and a clear vision, the project has accumulated hundreds of thousands of members in its community. Just hours after its debut, GPT mooned by 900%, leaving early investors with huge profits. As the project gets listed in major cryptocurrency exchanges, it is likely going to get more and more volume and attention.
Where to Buy GPT?
You can buy GPT in Bitfinex, Bybit, Gate.io, Bitget, MEXC, BKEX, and DigiFinex. All of these exchanges are centralized. If you want to use a decentralized exchange to purchase GPT, you can use PancakeSwap or Uniswap. Both work just fine. The token is getting listed in several other cryptocurrency exchanges, however, there is no confirmation by either side just yet. In just 4 hours, GPT reached a trading volume of $37 million.
Takeaways
- Artificial Intelligence is taking over ever since OpenAi launched their AI chatbot, ChatGPT.
- Some developers came up with the idea to combine the hype of AI and blockchain and they came up with CryptoGPT.
- CryptoGPT is a zero-knowledge Layer-2 blockchain that offers a bridge between AI and blockchain.
- This project aims to monetize AI data generation and distribute it globally via blockchain.
- GPT is the native token of the CryptoGPT ecosystem.
- At the time of debut, GPT was trading at a price of $0.005 while at the time of writing the token has a price of $0.05.
- By the end of 2023, we see GPT trading at a price between $0.21-$0.45.
- After the Bitcoin halving event, GPT is likely to increase in price. As we approach 2025, this token could hit a price of $2.80.
- All in all, GPT could prove to be one of the best investments of 2023 because of its visionary approach to AI and blockchain.