Bitcoin ($BTC) has seen a significant decline in price, reaching its lowest point in two months. This recent rollercoaster ride has left investors concerned about the future trajectory of the coin. However, there is optimism from an unexpected source – Google Bard, Google’s conversational AI chatbot.
While Bitcoin’s price has been sinking, Google Bard has offered a positive forecast for the cryptocurrency. Despite the current slump, Bard predicts that Bitcoin could reach $35,000 by the end of 2023, representing a 31% surge from its current price level. This optimistic prediction is based on potential catalysts such as the approval of a spot BTC ETF in the US and continued institutional interest.
In addition to its forecast for Bitcoin, Google Bard has also identified two other coins that it believes have the potential to outperform Bitcoin in the coming years. These coins are Wall Street Memes and Sonik Coin. Bard notes their strong momentum and potential for viral growth.
Wall Street Memes ($WSM) is currently in the second-last phase of its presale. With over $25 million raised from early investors, its exchange launch is expected to be successful. Bard predicts that if Wall Street Memes gains traction, it could reach $0.10 by the end of 2023, representing a 264% increase from its current presale price.
Sonik Coin ($SONIK), a Sonic the Hedgehog-themed token, is also in its presale phase and has generated significant interest. Bard sees immense potential in Sonik Coin, particularly due to its staking protocol, which offers attractive yields of around 449% per annum. If the momentum continues post-listing, Bard predicts that Sonik Coin could reach $0.000042 by the end of 2023, a 200% increase from its presale price.
These forecasts from Google Bard offer a fresh perspective on the future of Bitcoin and highlight the potential of newer coins. While short-term price action may be challenging, Bard’s analysis suggests that the long-term trajectory for Bitcoin remains positive, and innovative coins like Wall Street Memes and Sonik Coin could provide exciting investment opportunities.
Frequently Asked Questions
1. What is Google Bard’s Bitcoin price prediction?
Google Bard predicts that Bitcoin could reach $35,000 by the end of 2023, representing a 31% surge from its current price level.
2. What are the new coins that Google Bard is bullish on?
Google Bard is optimistic about the potential of Wall Street Memes ($WSM) and Sonik Coin ($SONIK). Bard believes that both coins have strong momentum and the potential for significant growth.
3. What is Wall Street Memes?
Wall Street Memes is a trending presale cryptocurrency that has raised over $25 million from early investors. It is expected to have a successful exchange launch in the coming weeks.
4. What is Sonik Coin?
Sonik Coin is a Sonic the Hedgehog-themed token that is currently in its presale phase. It has generated significant interest and features a built-in staking protocol offering attractive yields.
5. What are the potential catalysts for Bitcoin’s price increase?
Google Bard highlights the possible approval of a spot BTC ETF in the US and continued institutional interest as potential catalysts for Bitcoin’s price surge.