Google Bard Identifies Crypto Tokens With Highest Growth Potential
Google’s artificial intelligence chatbot, ‘Google Bard’, has made its pick for the top most promising crypto projects in 2023. The list includes Solana (SOL), Cosmos (ATOM), Chainlink (LINK), Everlodge (ELDG), and Aptos (APT).
During a time when AI language models are used by humans as a tool to quench their curiosity, someone decided to ask Google Bard to identify blockchain projects with the most promising potential and best return on investment, and it delivered.
Bard took several aspects into account before making it's decision. Let us take a look at the tokens and understand what makes them an important asset to hold this year.
1. Solana (SOL)
Solana unleashed a storm on the crypto market when it was launched. The blockchain delivered exceptional performance with its scalability and speed, two key aspects that can make or break any crypto project.
Touted as the fastest blockchain in the world due to its ability to process thousands of transactions per second, Solana is innovative with its unique network architecture and proof-of-stake (PoS) consensus mechanism.
Google Bard also recognises these benefits. Despite facing several issues over the past year, Solana continues to stand it's ground and take the game head on with Ethereum - the world’s largest blockchain network by transaction volume.
Recently, Solana Pay, the blockchain’s payment settlement solution, was integrated to Shopify, allowing customers to make merchant payments using cryptocurrencies supported by the network.
At the time of writing, SOL is trading at $19.42 - up 0.6% in the last 24 hours. Experts predict the token to hit a valuation of $23 by the end of 2023.
2. Everlodge (ELDG)
Everlodge is set to redefine the real estate market by offering innovative solutions to solve real-life challenges faced by the sector.
The blockchain and it's token enhances accessibility, liquidity, and transparency in real-estate investments by introducing mechanisms such as fractional ownership and collateral-backed NFTs.
Everlodge has plans to build the world’s first property marketplace that will allow buyers and sellers to tokenize or mint villas, apartments, and homes into NFTs. The most interesting part is that these NFTs are then fractionalized, making then easily attainable to any investor for as low as $100.
The network also offers a launchpad where property developers can raise capital from the Everlodge community for their upcoming projects.
According to Google Bard, with its unique and innovative approach, Everlodge is transforming the real estate industry, which most of the time caters to the wealthy echoes of society, by making it more inclusive and equitable.
Bard recommends the project based on its use case and larger positive impact on the industry. Recently, InterFi Network audited Everlodge’s smart contract and BlockAudit did the same for its KYC procedures. The blockchain passed both audits and is certified to be safe and sound for investors.
At the time of writing, ELDG is trading at just $0.012 as the token is still under its pre-sale phase and is not listed on any crypto exchange. Crypto analysts expect the Everlodge to reach $0.035 before it hits the market, at which point the token will give investors a 191% return-on-investment (ROI).
3. Chainlink (LINK)
Chainlink enables smart contracts to interact with real world data using decentralised oracles, thus establishing itself as a pioneer in data compilation and processing.
Operating as a bridge between blockchain technology and external data sources, the protocol has paved the way for various Web2 and Web3 project to leverage it's data base.
Bard identified that Chainlink has a very important role to play in building robust decentralized systems. The AI believes that as the data mining sector recognizes the potential of blockchain technology, there will be more scope for the network to become a vital data provider.
At the time of writing, LINK is trading at $6.03 - up 1.6% in the last 24 hours. Due to the market remaining bullish on the blockchain's prospects, experts predict Chainlink’s price to reach $9.12 by the fourth quarter of 2023.
4. Cosmos (ATOM)
Cosmos is the industry leader when it comes to interoperability among blockchain's. The protocol operates a unique network architecture that brings several blockchains under a single ecosystem called the Central Hub.
This enables cross-chain functionality and significantly improves Cosmos’s scalability.
Google Bard says that the so-called “internet of blockchains”, with its focus on improving cross-chain communication and scalability, has the potential to become an asset with a strong ROI.
At the time of writing, ATOM is trading at $6.81 - up 0.3% in the last 24 hours. Markets estimate the token’s price to hit $10.83 by December 2023.
5. Aptos (APT)
Aptos is an innovative crypto project that seeks to become the next-generation social network powered by blockchain technology.
The brains behind Aptos hoard from Meta (formerly Facebook). To be specific, the project’s team members were part of the Silicon Valley giant’s ill-fated Lira/Diem crypto initiative.
Google Bard endorses Aptos for its unique approach of incentivizing service, which has certainly caught the attention of developers and enterprises.
At the time of writing, APT was trading at $5.48 - down 1% since yesterday. The crypto market remains bullish on the and expects its native token to hit $8.64 by the end of the year.