3 Cryptocurrencies Continued to Be Recommended by AI Assistant
As artificial intelligence (AI) tools become more accessible, it’s no surprise that more and more Americans are turning to AI for investment advice. AI can digest massive amounts of data and make complex topics more accessible. However, they may also hallucinate and give confident answers that are not accurate. Keep in mind that AI processes and regurgitates a huge amount of what other people have already said, without paying much attention to the accuracy of the source.
When I asked leading AI assistants which cryptocurrencies they would recommend, they all gave answers similar to what your cryptocurrency investing peers might tell you at the water cooler. Here’s what OpenAI’s ChatGPT, xAI’s Grok, and Gemini have to offer: alphabetGoogle said which cryptocurrencies it would buy.
Image source: Getty Images.
1. Bitcoin: The first cryptocurrency
Bitcoin (BTC 1.75%) and Ethereum (ETH 1.48%) They jointly account for about 70% of the total cryptocurrency market capitalization. Every tool I’ve used has warned me about the risks of investing in cryptocurrency, but the size and reputation of the pair puts it ahead of the rest.
ChatGPT and Grok suggest that the two should account for 50% to 70% of your cryptocurrency portfolio. That’s a big chunk. My advice is that cryptocurrencies should account for no more than 5% of your broader investments, with most of them being Bitcoin and Ethereum, depending on your risk tolerance. Because when you deviate from the most established projects, the level of risk snowballs rapidly. Only half of the cryptocurrencies that were in the top 10 by market capitalization just five years ago still exist today, showing how volatile even well-known cryptocurrencies can be.
today’s change
(-1.75%) $-1280.65
current price
$71712.00
Key data points
market capitalization
$1.4T
work range
$71561.00 -$73721.00
52 week range
$60255.56 -$126079.89
volume
27B
The AI chatbots I interviewed agreed that Bitcoin’s high level of institutional adoption and its role as a store of value are its key strengths over the long term. Two of them also highlighted Bitcoin’s potential as a type of “digital gold.”
Due to Bitcoin’s scarcity (only 21 million mined) and decentralized nature, talk of digital gold has become common. But it also requires careful attention. Bitcoin could still prove to be a hedge against inflation and a safer asset, but it’s not there yet. Over the past year, gold has significantly outperformed Bitcoin. 
Bitcoin price data from YCharts
2. Ethereum: A powerhouse in decentralized finance
The AI assistant recommended Ethereum, which plays a leading role in decentralized finance (DeFi). This accounts for nearly 60% of all DeFi funds. Ethereum is the first cryptocurrency to introduce smart contracts, small pieces of code that support apps, other cryptocurrencies, stablecoins, and tokenization in its ecosystem.
today’s change
(-1.48%)$-33.16
current price
$2211.98
Key data points
market capitalization
$268 billion
work range
$2215.38 – $2322.45
52 week range
$1549.05 – $4946.05
volume
14B
ChatGPT and Grok both emphasized their strong developer communities, which is actually a strength. Ethereum reportedly has more full-time developers than any other cryptocurrency, indicating its ability to continue to grow and adapt.
Gemini mentioned a major “Glamsterdam” upgrade coming up. Gemini says the upgrade will save you money on gas, but Glamsterdam goes further than that. Later this year, two upgrades will be available simultaneously: Gloas and Amsterdam. Ethereum developers say this is part of a broader roadmap to improve the network’s scalability, security and usability.
3. Solana: Top growing coin
Selected by each AI assistant Solana (brush 2.79%) It is a growth-oriented cryptocurrency that carries more risk than the two larger cryptocurrencies. Solana’s potential comes from its speed and low costs, which have helped it attract a strong DeFi community.
Grok and ChatGPT cited past technical difficulties that undermined confidence in Solana’s early days. They’re right. Although Solana has not been out of service since February 2024, recent upgrades are aimed at improving stability. Nonetheless, if further problems arise, it can be extremely damaging.
today’s change
(-2.79%) $-2.36
current price
$82.32
Key data points
market capitalization
$47 billion
work range
$82.38 -$86.17
52 week range
$70.61 – $252.78
volume
2.6B
The biggest reason to invest in Solana and Ethereum now is to benefit from the explosive growth of tokenized assets and stablecoins. AI tools have mentioned this, but none have defined its significance. Tokenization, a method of recording ownership on a blockchain, could bring cryptocurrencies into mainstream finance. This can be as dramatic as the shift from landlines to cell phones. According to the most optimistic estimates, the value of tokenized assets could increase from $30 billion today to $4 trillion by 2030.
Take AI as your starting point
Overall, what the AI recommended to me (it might give me other recommendations) was pretty standard, but I was concerned about some lesser-known cryptocurrencies, including: request (Tao +3.02%) and Toncoin (ton +0.00%). Both have market capitalizations of around $3 billion and are in the top 25 by market capitalization. Although it may have some industry appeal, it carries significant risk and we do not recommend or purchase it.
I could have gotten more advice by asking follow-up questions and giving the bot more context. In fact, ChatGPT even offered to build me a custom portfolio, but this is where things started to get dark. AI can make you feel safe and anonymous, and you’re confident you won’t be the only one asking questions to the bot. You’d be too embarrassed to ask someone in real life.
But keep in mind: Asking a bot to help you improve your online dating profile is one thing, but asking a bot to help you choose investments is another. If I’m going to share enough information about myself, my goals, and my financial situation with a free AI tool to provide personalized investment advice, I might as well post it all on social media for the world to see. Not only can that information be collected and shared with partner platforms, but you also don’t know where that information will be stored or how easily criminals can steal it.
This is a brave new world, and we’re all trying to figure out how these giant robots that can essentially turn humans into parrots will fit into our lives. For now, consider AI assistants as a starting point for your own research, and be careful about what you share.
