ChatGPT predicts BNB will hit the price range of $50-$100 towards the end of 2023 as the court rejects the SEC's request for inspecting Binance documents.
secured a partial victory in its legal battle with theThe U.S. District Court of the Southern District of New Yorkin its judgement that the sale of Ripple’s XRP tokens on crypto exchanges and though programmatic sales did not constitute investment contracts; hence, it is not a security in this case. But the court also ruled that the institutional sale of the XRP tokens violated federal securities laws.
Put simply, it functions like a conventional chatbot that we have encountered in the customer support section of different e-commerce companies. However, the big difference here is that communication is more conversational, or to put it differently, more human-like. We started to test our AI friend by posing this very sweeping, although controversial, question. Currently, the ability of ChatGPT to express itself is hindered due to the restrictions imposed by the creators. To make it speak its mind, we used the “jailbreak” hack.ChatGPT speculated that Binace might consider adjusting its operational strategies in the face of a regulatory storm in the U.S. However, the final outcome is shrouded in uncertainty.
Binance Chain and Binance Smart Chain are now collectively referred to as one entity—BNB Chain. The update took place in February 2022. However, ChatGPT continued to use BSC Chain. Although setting unrealistic expectations amidst this FUD is not the most sensible thing to do, we tried to put ChatGPT under a bit of pressure. We asked it what price BNB will hit towards the end of 2023, given the current state of uncertainty. The AI bot predicts XRP’s price to hit $50-$100 towards the end of the year.Enough of the AI praise! Needless to say, it isn’t practical to only depend on what an AI tool says in price predictions and markets.
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