Shiba Inu: ChatGPT predicts when SHIB will hit $0.01 | Crypto海绵 ...
Shiba Inu (SHIB) is one of the most popular cryptocurrencies on the market. SHIB became a household name after the asset gained millions of percent and hit all-time highs between its launch in August 2020 and October 2021. However, the dog-themed cryptocurrency has spent much of the time on a bearish path since the 2021 highs.
Shiba Inu (SHIB) is facing a 6.4% correction in the past 24 hours and is up 12% on the weekly chart. However, since April 2023, SHIB is down 20% and up nearly 140%.
However, despite SHIB’s volatile price, the community has begun predicting higher price levels for the second-largest memecoin.
When will Shiba Inu (SHIB) hit $0.01?
According to the popular AI (artificial intelligence) chatbot ChatGPT, by 2030, about 6 years from now, the price of SHIB may reach $0.01. The chatbot said, "Considering the strong community support of Shiba Inu, the ongoing efforts to improve its utility, and the potential for wider adoption, a significant price increase to or above $0.01 in the next decade is reasonable."
The AI bot added, "However, market volatility and the changing cryptocurrency landscape require a long-term investment approach."
However, Changelly is not very bullish on Shiba Inu (SHIB). The platform predicts that the maximum price will reach $0.01 by 2040. On the other hand, Telegaon predicts that the price of SHIB will reach $0.01 sometime between 2035 and 2040.
However, it is also possible that Shiba Inu (SHIB) could reach its $0.01 target sooner. The SHIB team is working on a new burning mechanism that is rumored to destroy trillions of tokens per year. The large supply of SHIB is one of the most important barriers to its price. If the team is able to reduce the project’s supply, we may see a sudden surge in the price of the asset.
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