Just like 2022 and its many disasters that rocked the cryptocurrency industry, with its fair share of bears and doomsayers, 2023 has brought about a revival and renewed enthusiasm among investors. 

In fact, many cryptocurrencies have risen to highs not seen in more than a year, such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), while others, such as Polygon (MATIC), have benefited from Uptrend, but still low. Significantly below average compared to the previous 2023 high.

Still, given that recent events are believed by many to have finally thrown the “crypto winter” into the dustbin, and with the New Year just around the corner, Finbold decided to ask OpenAI’s representative artificial intelligence (AI) ChatGPT about what it would do to savvy traders Which cryptocurrencies do you recommend?

In its analysis, the AI seems to remain calm, offering cryptocurrencies with a proven track record.

Bitcoin (BTC)

ChatGPT’s top pick for 2024 is Bitcoin (BTC), the world’s most important cryptocurrency. This is not surprising since, as AI puts it, Bitcoin is not only a cornerstone of the market but has also performed strongly during the recent bull run. 

In addition to the rather favorable sentiment towards BTC, the cryptocurrency is also scheduled to undergo a halving in the first half of 2024, which, as ChatGPT also noted, has historically resulted in significant price increases.

Ethereum (ETH)

Ethereum (ETH) is another major cryptocurrency that surged to its highest point in more than a year in the final months of 2023. Furthermore, many experts, including Ali Martinez, believe that it is poised to beready to climb to 3,500 in the near future, judging by the following factors USD X recent posts.

According to ChatGPT, its analysis concluded that Ethereum is at the forefront of blockchain innovation and has a strong presence in cryptocurrencies due to its widespread use in the decentralized finance (DeFI) and non-fungible token (NFT) sectors. plays a key role in the market.

Binance Coin (BNB)

Binance Coin (BNB) is one of the few major coins that failed to reach impressive highs in 2023. Its underperformance was largely caused by adverse regulatory events. In June, when the U.S. Securities and Exchange Commission (SEC) announced a lawsuit against cryptocurrency exchange Binance, its price plummeted.

BNB suffered another blow in late November when the U.S. government announced that it had reached a deal in which Binance would plead guilty to a series of violations and pay a fine of approximately $4 billion, and its long-time CEO Changpeng Zhao would resign, plead guilty, and pay a fine.

Despite these events, BNB has historically performed well, and ChatGPT concluded that its widespread proliferation and usage beyond Binance itself provides a solid argument for significant growth in the future.

Cardano (ADA)

Cardano (ADA) has had a very strong year with the price increasing by more than 100% since January 1, 2023, reaching its highest point since May 2022, and ChatGPT believes that 2024 will be equally successful for the cryptocurrency.

In its analysis, AI was particularly enthusiastic about the ADA's focus on sustainability, its progressive growth focused on security and scalability, and its "philosophy of science" in its development. ChatGPT also pointed to Cardano’s Alonzo hard fork as an example of ADA’s overall strength, saying it could drive greater adoption and growth in the future.

Solana (Sun)

Solana (SOL) certainly attracted a lot of attention during the year with its continued and impressive resilience and nearly 800% growth since January 1, 2023. Its recent rise above $80 has even forced many investors to wonder if the cryptocurrency will climb above $100 anytime soon.

ChatGPT considers it a strong choice because it has overcome previous technical challenges and highlights Solana's high throughput and low fees as the most important reasons for its past success and likely future performance.

In fact, Solana is well positioned for strong growth in 2024 and even recently became one of the top 5 players in the crypto market.