Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The intersection between AI and blockchain is one many didn’t anticipate. Remarkably, the gap between the two has been narrowing in recent times. In a development that has stirred up excitement, Cardano (ADA) announced the launch of the first internet-enabled generative chatbot, Girolamo.
Meanwhile, XRP struggles to retest $0.80, while Ethereum (ETH) whales show significant interest in AI altcoin InQubeta (QUBE).
InQubeta (QUBE): Growing whale accumulation
InQubeta (QUBE) has managed to be in the spotlight amidst significant developments in the crypto landscape. This ICO has been making waves, with more than $5.5 million raised in its ongoing presale. The interest in this AI altcoin peaked earlier this week, with Ethereum whales purchasing it in large numbers.
This AI crypto aims to solve the most pressing problem in the AI industry – fundraising – by becoming the world’s first crowdfunding platform for AI startups through crypto.
The platform wants to allow startups to raise funds by minting investment opportunities, represented as NFTs. These equity-based NFTs will be offered to investors, with capital raised in the process and investors owning stakes in profitable AI ventures.
The presale is in its fifth stage, with the token’s price at $0.0161.
Cardano (ADA): Unveiling the first internet-generative AI chatbot, Girolamo
Cardano GPT, a project that develops generative AI products on the Cardano blockchain, announced a breakthrough in the future of AI on the blockchain on Nov. 24.
We are utterly excited to announce that we have successfully launched the first internet-enabled generative chatbot (Girolamo) on Beta phase 🥳.
Girolamo provides answers to wide array of queries, spanning across every Industry and down to our day to day questions & inquires.… pic.twitter.com/Ujci5kGcrk
— Cardano GPT (@replyada) November 24, 2023
Girolamo will provide answers to a wide array of queries spanning industries and day-to-day questions. In addition, users can generate and interpret images through Girolamo. This won’t be Cardano’s first encounter with AI, as they unveiled an AI chatbot in 2021 called Grace.
Coinciding with this development is a rise in the price of Cardano: it has been gaining traction in the market and is positioned as one of the most promising coins to invest in.
XRP: still a promising altcoin
Riding the volatile wave of the crypto market is XRP, a cross-border payment token. It is one of the top altcoins on the market; despite this, XRP has yet to retest $0.80, a price last seen in July, which also happens to be its year-high.
Nevertheless, investors and experts are bullish. According to popular forecasts, XRP will likely reach this level before the end of 2023.
However, based on its recent price movements, XRP is considered to be a potentially interesting cryptocurrency to buy.
Conclusion
Cardano’s AI breakthrough has been met with excitement. The launch of this internet-generative chatbot coincides with the rise in ADA’s price.
Meanwhile, despite XRP’s rally, it has been unable to reach $0.80, a price last seen in July. Finally, InQubeta, an AI altcoin, is seeing growing whale interest, which warms up inventors’ interest in the coin.
Find out more about InQubeta on its website or the company’s community pages.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
This news is republished from another source.
