thecryptobasic.com
Shiba Inu (SHIB) could clinch the ambitious $0.001 price target anytime from five to twenty years, according to varied responses from Google Bard (Gemini), ChatGPT, Changelly and Telegaon.
The crypto market’s latest resurgence has positively impacted several altcoins, one of which is Shiba Inu. SHIB eventually reclaimed $0.00001 for the first time since January, hitting a high of $0.00001004 yesterday, its highest value in over a month.
Despite facing stern rejection at this price level and subsequently collapsing below the $0.00001 price territory, Shiba Inu is 11% up from the low of $0.00000878 recorded earlier this month. As optimism picks up, several bullish price projections have emerged.
We spotlighted one of these ambitious price targets, a $0.001 value, seeking hypothetical timelines from multiple sources on when Shiba Inu could hit this coveted price level. We sourced responses from crypto platforms Changelly and Telegaon, as well as AI chatbots Google Bard (now Gemini) and ChatGPT.
Projected Timelines from Changelly and Telegaon
In a report yesterday, Changelly analyzed Shiba Inu’s current price position and presented projections on where the asset’s price could be headed in the future. The Changelly team is bearish on Shiba Inu for this month, predicting it to drop 5.72% from its value by month-end.
However, they expect the crypto token to recover in March, eventually recapturing the $0.00001 price level. According to Changelly, by March 17, Shiba Inu could trade at $0.00001062. Nonetheless, they believe SHIB’s highest value this year would be $0.00001499.
Changelly further predicted Shiba Inu’s price direction for the next few years, projecting the token to delete one more zero by 2029 as it clinches a maximum price of $0.0001069 that year. However, they don’t expect SHIB to hit $0.001 before 2033, predicting a surge to this price between 2033 and 2040.
Crypto analytics platform Telegaon holds a similar view, but a more precise one. In a recent report, Telegaon also predicted Shiba Inu’s price directions for the coming years. The report projects that SHIB could clinch $0.001 in 2035, eleven years from now, with a maximum price of $0.00216 for the year.
Google Bard, ChatGPT Predict When Shiba Inu Could Hit $0.001
In a bid to get auto-generated opinions from AI algorithms, we pushed this question to prominent chatbots Google Bard and ChatGPT. Google Bard gave a more detailed and more realistic response, noting that most experts believe such a price is unlikely for Shiba Inu.
Bard cited Shiba Inu’s current circulating supply, which currently stands at 589 trillion, as the biggest obstacle against this price rally. However, the AI chatbot disclosed that some projections set a timeframe of ten to twenty years for the price target.
A jailbroken version of OpenAI’s chatbot ChatGPT gave a less realistic timeframe. According to ChatGPT, SHIB has the potential to hit $0.001 in five years, specifically in 2029. The chatbot cites increased adoption, potential developments and positive market sentiments as possible driving forces.
Shiba Inu currently trades for $0.00000977. Hitting $0.001 from this point would demand a massive 10,135% surge, making it borderline unlikely. Google Bard rightly confirmed this, noting that it might be possible with positive developments and a longer timeframe, but it remains unlikely.