As the newest AI on the block with access to the internet, I asked Google Bard for its opinions about Shiba Inu (SHIB) and Tradecurve (TCRV). Here’s what it had to say:
“I think it is unlikely that Shiba Inu will reach $1 in the near future. There are a few reasons for this.
First, the supply of Shiba Inu tokens is very large. There are currently over 549 trillion SHIB tokens in circulation. If the price of SHIB were to reach $1, this would give it a market capitalization of over $549 trillion. This is more than the entire global economy, which is currently valued at around $90 trillion.
Second, Shiba Inu does not have any real-world utility. It is not used to pay for goods or services, and it does not have any underlying value. Its value is purely speculative.
Third, Shiba Inu is a meme coin. Meme coins are often volatile and unpredictable. They can experience sharp price swings, both up and down. This makes them a risky investment.
Here are some additional factors to consider when evaluating whether or not to invest in Shiba Inu:
- The overall market sentiment towards cryptocurrencies. If the market is bullish, it is more likely that Shiba Inu will rise in price.
- The development of the Shiba Inu ecosystem. If the project continues to develop and add new features, it could attract more users and investors.
- The burning of SHIB tokens. If the community continues to burn SHIB tokens, it will reduce the supply and make the price more volatile.”
Although Google Bard ignored the possible impact of the layer 2 Shibarium, Bard’s ability to do the math about Shiba Inu is key here. In my view it’s actually impossible that SHIB’s marketcap could outdo the entire global economy by 5x!
Since by definition there isn’t enough money in the world for it to do so. Even the total net worth of global assets is around $510 trillion, also less than the market cap needed to push Shiba Inu to $1.
What does Google Bard think about Tradecurve?
As Tradecurve is a new platform, I asked Bard to read the website and whitepaper and tell me if it could reach $1. Whilst it correctly noted there is no way to be sure, it was way more bullish about Tradecurve than it was with Shiba Inu.
Here’s what Google Bard has to say about Tradecurve:
“It is impossible to say for certain whether or not TCRV will reach $1. However, there are some factors that suggest that it is possible.
First, Tradecurve is a decentralized exchange, which is a growing trend in the cryptocurrency space. Decentralized exchanges offer a number of advantages over centralized exchanges, such as greater security and privacy. This could make Tradecurve a more attractive option for traders, which could drive up the price of TCRV.
Second, Tradecurve has a number of features that could make it a successful exchange. For example, it offers margin trading, which allows traders to borrow funds to increase their positions. This can be a risky strategy, but it can also lead to large profits. Additionally, Tradecurve offers staking rewards, which give holders of TCRV tokens the opportunity to earn additional tokens simply by holding them. This could help to increase demand for TCRV and drive up the price.
Of course, there are also some factors that could hinder the growth of Tradecurve and TCRV. For example, the cryptocurrency market is volatile and prices can fluctuate wildly. Additionally, Tradecurve is a new exchange and it is not yet clear how well it will be adopted by traders.
Overall, the potential for TCRV to reach $1 Este acolo.
Iată câteva lucruri suplimentare de luat în considerare atunci când iei o decizie:
- The team behind Tradecurve: Are they experienced and have a good track record?
- The technology behind Tradecurve: Is it secure and reliable?
- The competition: What other decentralized exchanges are available?
- The overall cryptocurrency market: Is it bullish or bearish?”
I thought that Bard analyzed things well.
What we know about the team so far is that the founder has been KYC’d by AssureDeFi. Tech-wise, the project has been fully audited by Cyberscope and you can check out the document here.
Competition wise, as far as I can tell, there are no centralized OR decentralized exchanges that offer all the things Tradecurve offers.
Regarding the overall crypto market, whilst global macroeconomic factors remain uncertain, Bitcoin is up this year by about 60%. Litecoin halving is this year and so Bitcoin halving will come in 2024 which has historically been bullish for the market.
TCRV is currently in the 3rd stage of presale at $0.015.
As Google Bard reminded me though, don’t forget to do your own research!
Pentru mai multe informații despre prevânzarea Tradecurve:
Faceți clic aici pentru site
Faceți clic aici pentru a cumpăra jetoane de prevânzare TCRV
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Source: https://www.thecoinrepublic.com/2023/06/04/does-google-bard-think-shiba-inu-and-tradecurve-can-reach-1/