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Introduction to CardanoGPT’s AI Chatbot
The AI-powered chatbot, Girolamo, has been officially launched by CardanoGPT. This beta release signifies significant progress in integrating artificial intelligence (AI) technologies within the Cardano blockchain ecosystem. Girolamo, named after the renowned Italian mathematician Girolamo Cardano, aims to represent the amalgamation of historical intellectual heritage and modern technological innovation.
Girolamo has been designed to offer a variety of features, such as content creation, image creation, and image analysis, that are customized to meet the needs of different users. These capabilities allow the chatbot to provide timely and contextually relevant responses, going beyond the typical applications of blockchain technology. Adding image-related functionalities is a notable advancement, improving the interactive experience and expanding its range of uses.
In order to take part in the beta testing phase of Girolamo, CardanoGPT has set a minimum requirement of 5000 CGI tokens for users. To access the chatbot, users must go through a wallet verification process on the CardanoGPT Discord server. Once verified, users will be granted the @cyborg role, which allows them to interact with Girolamo in the designated chat channel directly.
CardanoGPT’s announcement underscores the fact that Girolamo is currently in its beta phase, indicating that it is still being developed and has the potential for further improvements. This stage holds immense significance in assessing the performance, user experience, and overall functionality of the chatbot within the Cardano ecosystem. The company has emphasized its dedication to ongoing innovation and development, with the goal of remaining at the forefront of the intersection between AI and blockchain technology.
Can Cardano’s Price Experience a 22% Upswing?
ADA has experienced a significant surge in value after breaking free from the previous downward trend (represented by the black line) on October 21. This breakout has resulted in a remarkable price increase of more than 60%. Nevertheless, over the past fortnight, the rally has reached a halt. Currently, the price is consolidating as ADA faced rejection at the 0.786 Fibonacci retracement level, which was marked at $0.411.
Nevertheless, the Cardano price could experience a notable surge when the launch of Girolamo approaches, thanks to the positive AI narrative and potential hype in this market segment. In recent months, AI tokens have witnessed substantial price fluctuations, primarily influenced by updates on the advancements made by OpenAI and other prominent companies.
In the near future, it is possible that the ADA price will require a retest of the support at the 0.618 Fibonacci retracement level, which is valued at $0.37. This retest will serve as an indication of the upcoming upward movement. Interestingly, this price level holds significant significance as it aligns with the 20-day exponential moving average as well.
Should the price level hold steady in the coming days, it may signal the beginning of an upward trend. The primary objective would be to reach the annual high of $0.463, which would result in a 22% increase from the current price.
Conclusion
As Cardano pioneers an AI chatbot in beta, the excitement mounts not just for tech enthusiasts but for investors eyeing a potential 22% surge in ADA’s price. It’s a fusion of technology and market anticipation, showcasing how innovation can steer not just tech advancements but also financial prospects, offering a glimpse into an exciting future where AI and cryptocurrency intersect to redefine possibilities.
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