ChatGPT says that MATIC will reach $5-$7, but there’s a catch

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ChatGPT says that MATIC will reach $5-$7, but there’s a catch
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Even as ChatGPT predicts MATIC to rise to the price range of $5-$7, its on-chain metrics do not give us any hope.

Since Q4 2022, the number of daily users of Polygon has increased dramatically and surpassed that of daily users of Ethereum.

As MATIC is one of the most valuable cryptocurrencies, it has naturally drawn a lot of investors. Marketers and investors have always been concerned about Polygon’s price prediction.Though its price surged substantially immediately following the SEC-Ripple judgement, it fell the next day. At press time, it was trading at $0.5412.

While both MATIC’s Relative Strength Index and Money Flow Index rested just below the neutral 50-mark, its On Balance Volume showed some positive movement.Source: MATIC/USD, TradingViewcontinues to expand and grow its DeFi ecosystem, one thing can be said with certainty—the blockchain has a long way to go and many more milestones to achieve over the years to come.

So, I thought of asking ChatGPT the most valuable question: Polygon and DeFi, a match made in heaven?Without differing, both versions of the AI bot responded positively to the question. The re-educated version even drew comparisons with world-renowned duos like Peanut Butter and Jelly or Batman and Robin, which was interesting to see.Chatting with ChatGPT about Polygon and its presence in DeFi gave a clear indication that the AI chatbot was quite optimistic about the future of MATIC.

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CryptoAmb /  🏆 22. in CA

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