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The Shiba Inu (SHIB) journey to $1 seems like an improbable dream, but popular AI chatbots ChatGPT and Google Bard have projected a potential timeline for the token to hit this target.
The ultimate quest to touch $1 remains the primary catalyst driving engagement among members of the Shiba Inu community. However, from the current price level of $0.000009413, this valuation is a distant dream that might span decades.
Predictions from the crypto analytics platform Changelly currently peg the timeline for the token to touch $1 anytime between 2040 and 2050. However, a divergent projection comes from Artificial Intelligence (AI) chatbots, ChatGPT, and Google Bard.
Shiba Inu $1 Timeline Projection: The AI Chatbot’s Forecast
Drawing on the feedback from the jailbreak response from ChatGPT, Shiba Inu is unlikely to hit the $1 price target within the next two years. The chatbot noted that a more realistic price target for Shiba Inu for this period lies in the range of $0.0001 to $0.0005.
To touch the $1 price mark, ChatGPT teased its feasibility in the next 3 to 5 years but cautioned that this will take “extraordinary circumstances, including widespread adoption, substantial utility development, and a significant shift in market sentiment.”
ChatGPT noted that a more realistic estimate for Shiba Inu price within this timeframe would be about $0.01 and $0.1.
Google Bard emphasized this forecast, noting that under the best circumstances that might see Shiba Inu burn a sizable chunk of its supply annually, touching the $1 price mark is improbable in the next few decades.
The Burning Dilemma
One of the crucial challenges of Shiba Inu is its total supply, which comes in at 589,290,489,983,092 SHIB, and a $1 price mark will come in at over $589 trillion, a figure that far exceeds global wealth pegged at $454.4 trillion.
To come close to hitting $1, more than three-quarters of the supply must be burned, and according to the current pace, Google Bard estimated that it might take about 1,437 years before proper changes are seen.
Notably, shibarium may aid in the acceleration of the SHIB burn. Even with this burn catalyst, Google Bard advised placing hopes on feasible price targets both in the short and long terms.