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Shiba Inu to $0.0194: Google, Bard, ChatGPT, and Changelly Predict Timelines

source-logo  thecryptobasic.com 09 May 2024 08:04, UTC

Multiple entities, including crypto exchange Changelly and AI chatbots Google Bard and ChatGPT, are projecting timelines for Shiba Inu to reach the $0.0194 level.

Shiba Inu is looking to reclaim the losses of the previous market downtrend, which triggered a 20% decline from April 23 to the end of the month. Overall, SHIB collapsed 27.16% in April. However, the month of May began with a bullish setup, with Shiba Inu already up 9.16% in less than a week.

Shiba Inu’s recovery campaign has been bolstered by the relief rally in the broader market, buoyed by Bitcoin’s (BTC) growing strength. SHIB recently tore through the 20-day EMA ($0.0002428) when it soared to a high of $0.00002632 on May 4. However, a resistance point at this level triggered a mild drop to the current value of $0.00002250.

Projected Timelines for SHIB to Hit $0.0194

Changelly recently presented an updated analysis of Shiba Inu’s current market position and possible price trajectory. The report confirmed that SHIB’s present market sentiments are 86% bullish, confirming that most investors remain confident in its recovery push.

They then projected that Shiba Inu would end the month of May at $0.00008503, slightly below its all-time high price of $0.00008845. This figure marks a 247% increase from SHIB’s current price, reflecting the predominant bullishness around the canine-themed cryptocurrency.

However, analysts at Changelly reserved the audacious price targets for much later dates. They predict Shiba Inu will erase one more zero in December 2027 and trade at $0.000102. They then expect the removal of an additional zero in January 2040 and one more in July 2040, projecting a maximum price of $0.0103 at this point.

The report further predicts that Shiba Inu could then reach the elusive $0.0194 price zone in July 2050, ten years after it clinches the $0.01 price level. For Shiba Inu to reach $0.0194, it would need to record a massive price surge of 79,083% from its present value.

Shiba Inu Price Prediction | Changelly

We sought a hypothetical scenario from AI chatbots on when Shiba Inu could hit this target. Google Bard (now Gemini) suggested that SHIB could reach the $0.0194 value in 2040, essentially 16 years from now. It cited factors such as market volatility, gradual adoption, and technological advancements as possible catalysts.

Shiba Inu Price Prediction | Google Bard

Meanwhile, leveraging the JamesGPT prompt developed by Coinbase Director Conor Grogan, we asked ChatGPT to present the chances of SHIB hitting $0.0194 in 2050, as projected by Changelly, and in 2040, as predicted by Google Bard. The chatbot said there is a 75% chance that Shiba Inu could reach $0.0194 in 2050 and a 60% chance it would hit the target in 2040.

Shiba Inu Price Prediction | ChatGPT
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