AI Highlights Two Cryptos for August Gains

As investors look for promising opportunities in the crypto space, many are turning to advanced tools like ChatGPT for insights. For the month of August, the AI has highlighted two specific cryptocurrencies it believes have significant long-term potential, backed by strong narratives and clear developmental catalysts.

This AI-driven analysis follows a notable market rally in July, which saw Bitcoin (BTC) reach new heights. Let's explore the two digital assets that ChatGPT has flagged as potential millionaire-makers.

Celestia (TIA): Powering the Modular Future

First on the list is Celestia (TIA), a project at the forefront of the modular blockchain movement. By separating data availability from transaction execution, Celestia provides a scalable and customizable foundation for developers to build rollups, appchains, and sovereign chains.

According to ChatGPT, the investment case for TIA in August is supported by several key factors:

• Rising developer activity on the platform.
• The anticipated launch of new appchains that will run on Celestia's infrastructure.
• Increased demand from Layer 2 networks that depend on its data availability services.

Furthermore, any new governance developments related to TIA staking or protocol fees could positively impact investor sentiment and the token's value. ChatGPT's thesis is straightforward: as modular blockchain architecture gains wider adoption, Celestia could become the go-to infrastructure layer. This would drive significant utility and demand for its native TIA token through usage and staking rewards.

Despite this long-term potential, at the time of writing, TIA was trading at $1.79, marking a slight downturn over the past week.

TIA one-week price chart. Source: Finbold

Ocean Protocol (OCEAN): Merging AI and Decentralized Data

The second pick from ChatGPT is Ocean Protocol (OCEAN), a project that uniquely combines decentralized data infrastructure with the booming field of artificial intelligence. Ocean Protocol's platform allows for the secure tokenization, sharing, and monetization of datasets—a crucial resource for AI and machine learning. A core focus of the project is ensuring data owners retain control and privacy.

ChatGPT identified several potential catalysts that could boost OCEAN's profile in August:

• New partnerships with AI-focused companies and research institutions.
• Significant updates to its Data Farming 2.0 initiative, which incentivizes data provision.
• Broader market momentum in the AI token category or new integrations with the Ethereum Layer 1.

These developments could spark renewed interest in OCEAN, solidifying its role in the growing decentralized data economy. At press time, OCEAN was trading at $0.30, experiencing a minor dip over the last 24 hours.

OCEAN one-week price chart. Source: Finbold