The rest of the market follows as the Bitcoin (BTC) price rallies on the news of BlackRock applying for a BTC ETF. Analysts asked Microsoft AI for its Ethereum (ETH) and Tradecurve (TCRV) predictions by the end of 2023, and it gave two bold predictions.
Interestingly the chatbot remained bullish on crypto more broadly. It said that BlackRock offering a BTC ETF meant that the financial giant was long Bitcoin (BTC). It stated that this action would retrospectively be seen as one of the critical milestones for the institutional adoption of crypto.
Tradecurve (TCRV) Microsoft AI Price Prediction
When asked about Tradecurve and a potential price target, Microsoft AI predicted a staggering 5,000% surge in the coming weeks. By the end of 2023, early $TCRV investors should have made 100X on their initial investment. Huge forecasts for this emerging trading platform!
Microsoft AI’s line of argument followed that on-chain data shows liquidity leaving centralized exchanges and heading into DeFi. It also mentioned that increasing regulation makes it more difficult for ordinary retail customers to access advanced trading platforms.
The chatbot sees Tradecurve as the perfect solution. Tradecurve is KYCless meaning any user with crypto to deposit to collateralize their trades can use the platform and remain anonymous. Thereby allowing these millions of retail clients to trade on the platform regardless of local regulations.
Tradecurve offers a far more diverse range of asset classes than typical DeFi trading platforms, such as commodities, stocks, forex, and crypto. The chatbot also highlighted the protocol’s ambitious growth plans to onboard 100,000 users within three months and raise $20 million in its presale.
Microsoft AI said both goals were easily reachable, and by offering free and fair access to global financial markets, $TCRV can become a top altcoin by the end of 2023.
Ethereum (ETH) Microsoft AI Price Prediction
Microsoft AI predicted an impressive price tag of $3,640.79 for Ethereum (ETH) at the end of 2023. It gave multiple reasons and scenarios, almost all bullish on the value of Ethereum (ETH) increasing over time. The AI chatbot stated that Ethereum (ETH) has a habit of following Bitcoin’s (BTC) steps, and if BlackRock has launched a BTC ETF, an Ethereum (ETH) ETF will eventually follow it.
Microsoft AI also sees significant growth potential for Ethereum (ETH) without institutional adoption. It cited the new upgrade to the Ethereum (ETH) network, EIP-4844, which will make gas fees cheaper on layer two scaling solutions.
The chatbot believes that reducing fees on layer two chains will encourage more developers to deploy layer two chains built on top of Ethereum (ETH). Microsoft AI’s thesis is that this creates a fresh market demand for Ethereum (ETH), increasing the price steadily over the coming months.
Learn more about Tradecurve and the TCRV token below:
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