A Price Prediction Using LSTM of Various Blockchain Platforms vs BITCOIN

The study explores the use of LSTM models to predict cryptocurrency prices across various blockchain platforms. It highlights the importance of accurate prediction models for investors due to unstable cryptocurrency prices. LSTMs are well-suited for time series data prediction like cryptocurrency prices. The research implements the LSTM model using Google Colab and compares features of prominent blockchain platforms like Ethereum. The study finds a strong correlation between Bitcoin pricing and other currencies and that LSTM is effective in predicting cryptocurrency prices, particularly for Ethereum. The impact of events like hard forks and halvings can be incorporated using other models like Facebook Prophet. Accuracy is measured using Root Mean Squared Error (RMSE). In conclusion, the research highlights the potential of LSTM for cryptocurrency price prediction, especially for specific platforms like Ethereum. It acknowledges the need for further research to fully leverage the potential of blockchain technology and smart contracts.