We asked ChatGPT if will there be an XRP bull run in 2024?
XRP token (XRP) has been among the best-performing and most trending cryptocurrencies, dominating the fifth rank by market cap. Also scoring high in leading indicators for the cryptocurrency market, such as positioning itself in the top 5 builders on GitHub. Recently, XRP derivatives volume massively increased by 180%, while the exchanged volume doubled up in 24 hours, showing a growing interest by crypto traders in Ripple’s flagship product. However, Ripple’s monthly token unlocks create extra selling pressure on XRP holders, which requires a constantly increased demand to overcome the inflating supply. This directly affects XRP’s ability to reward its investors in the long run, as previously reported by Finbold regarding the digital asset price projection in case XRP reaches its all-time high market cap. In this context, while considering general expectations regarding the Bitcoin (BTC) halving in 2024, and the next bull run, Finbold turned to ChatGPT-4 to understand how the mass...