Grok

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 <p class="paragraph">Grok, an artificial intelligence (AI) developed by xAI under Elon Musk’s guidance, has quickly gained popularity on X (formerly Twitter) and in the crypto world. The model processes diverse data streams and has real-time analysis of X’s user-generated content.</p>
 <p class="paragraph">Previously, Grok made waves by choosing an ideal <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency for payments on X.</p>
 <p class="paragraph">In the meantime, <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies are getting ready for what could be a brewing bull market. Investors are managing their portfolios, looking for the best opportunities and value asymmetry to <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a> in 2024.</p>
 <p class="paragraph">Finbold turned to Grok, seeking valuable insights on three recommended cryptocurrencies for three different investment profiles. Particularly, we asked xAI’s model to pick one cryptocurrency for a conservative, aggressive, and very aggressive investor.</p>
 <h2 class="wp-block-heading" id="h-grok-picks-ethereum-eth-for-conservative-investors">Grok picks Ethereum (ETH) for conservative investors</h2>
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 <p class="paragraph">First, Grok named Ethereum (ETH) as the ideal investment for a conservative cryptocurrency profile in 2024. The AI forecasts a fair value of $8,000 to $10,000 for ETH, which justifies its pick.</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Ethereum is a well-established and widely adopted platform with strong fundamentals and a large developer community. The successful implementation of Ethereum 2.0 and the continued growth of DeFi and NFT projects on the Ethereum network could drive its value higher.”</p> <cite>— Grok, by xAI</cite>
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 <figure class="wp-block-image size-full"><img decoding="async" width="904" height="594" src="https://cdn.thebittimes.com/images/2024/01/21/d57be4e450d03fe43fac0b5c91fe4469.webp" alt class="wp-image-150281" srcset="https://cdn.thebittimes.com/images/2024/01/21/d57be4e450d03fe43fac0b5c91fe4469.webp 904w, https://cdn.thebittimes.com/images/2024/01/21/d57be4e450d03fe43fac0b5c91fe4469.webp 300w, https://cdn.thebittimes.com/images/2024/01/21/d57be4e450d03fe43fac0b5c91fe4469.webp 768w" sizes="(max-width: 904px) 100vw, 904px">
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   Grok picks Ethereum (ETH) for conservative investors. Source: Finbold
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 </figure>
 <h2 class="wp-block-heading" id="elon-musks-ai-names-polkadot-dot-to-invest-in-2024">Elon Musk’s AI names Polkadot (DOT) to invest in 2024</h2>
 <p class="paragraph">Meanwhile, aggressive <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ors should look at Polkadot (DOT) and a price range of $200 to $300 in 2024.</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Polkadot is a promising interoperability platform that enables cross-chain communication and transactions. With its strong development team, growing ecosystem, and potential to become a critical infrastructure for the next generation of blockchain projects, it could see significant growth in the coming years.”</p> <cite>— Grok, by xAI</cite>
 </blockquote>
 <figure class="wp-block-image size-full"><img decoding="async" width="904" height="378" src="https://cdn.thebittimes.com/images/2024/01/21/1bc5579a5dbe7f7e4fb40ab66eb9e5e2.webp" alt class="wp-image-150282" srcset="https://cdn.thebittimes.com/images/2024/01/21/1bc5579a5dbe7f7e4fb40ab66eb9e5e2.webp 904w, https://cdn.thebittimes.com/images/2024/01/21/1bc5579a5dbe7f7e4fb40ab66eb9e5e2.webp 300w, https://cdn.thebittimes.com/images/2024/01/21/1bc5579a5dbe7f7e4fb40ab66eb9e5e2.webp 768w" sizes="(max-width: 904px) 100vw, 904px">
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   Grok picks Polkadot (DOT) for aggressive investors. Source: Finbold
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 </figure>
 <h2 class="wp-block-heading" id="chainlink-link-is-for-the-very-aggressive-investors-according-to-grok">Chainlink (LINK) is for the very aggressive investors, according to Grok</h2>
 <p class="paragraph">Finally, Grok names Chainlink (LINK) as the right pick for very aggressive speculators looking for higher risks. LINK is expected to reach the price range of $150 to $250 per token, according to the AI.</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Chainlink is a decentralized oracle network that provides real-world data to smart contracts. As the demand for reliable off-chain data in DeFi and other blockchain applications continues to grow, Chainlink’s adoption and value could increase significantly.”</p> <cite>— Grok, by xAI</cite>
 </blockquote>
 <figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="904" height="474" src="https://cdn.thebittimes.com/images/2024/01/21/d3146b97ea9fc03abc2ffbb074844456.webp" alt class="wp-image-150283" srcset="https://cdn.thebittimes.com/images/2024/01/21/d3146b97ea9fc03abc2ffbb074844456.webp 904w, https://cdn.thebittimes.com/images/2024/01/21/d3146b97ea9fc03abc2ffbb074844456.webp 300w, https://cdn.thebittimes.com/images/2024/01/21/d3146b97ea9fc03abc2ffbb074844456.webp 768w" sizes="(max-width: 904px) 100vw, 904px">
  <figcaption class="wp-element-caption">
   Grok picks Chainlink (LINK) for aggressive investors. Source: Finbold
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
 <p class="paragraph">In summary, three different types of investors could benefit from deploying capital to Ethereum, Polkadot, and Chainlink, according to Grok. Notably, each project focus on different use cases like Web3 infrastructure, cross-chain solutions, and real-world data oracles, respectively.</p>
 <p class="paragraph">Nevertheless, Grok warned for the speculative nature of its predictions and that “the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency market is highly volatile and unpredictable.”</p>
 <p class="paragraph"><strong><em>Disclaimer: </em></strong><em>The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/grok-ai-picks-3-cryptocurrencies-to-invest-in-2024-tbt77195.html">https://thebittimes.com/grok-ai-picks-3-cryptocurrencies-to-invest-in-2024-tbt77195.html</a></p>

Grok AI picks 3 cryptocurrencies to invest in 2024

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