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Meta AI predicts SHIB price for 2025

source-logo  finbold.com 13 August 2024 11:51, UTC

Although Shiba Inu (SHIB) has had a rough couple of months, marred by volatility and price declines that have seen it drop over 20% in the last 30 days, a newly released artificial intelligence (AI) assistant is fairly optimistic regarding its price performance in 2025.

Indeed, Finbold has asked the AI bot created by Meta Platforms (NASDAQ: META), called Llama 3.1I, to provide a potential price range for the presently 13th-largest asset in the cryptocurrency sphere by market capitalization from the viewpoint as of August 13.

Meta AI’s SHIB price prediction 2025

As it happens, Meta’s cutting-edge AI assistant has offered several price prediction targets for Shiba Inu in 2025, with the average predicted range between $0.00002 and $0.00012, which would represent a 47.38% or a whopping 784.3% increase from its present situation.

More specifically, among the sources that Meta AI used to draw its SHIB price prediction conclusions is Changelly, which Llama 3.1 said “predicts a minimum SHIB price of $0.000024 and a maximum price of $0.000028 in 2025,” whereas CoinCodex “estimates a price range of $0.00002527 to $0.000120.”

Furthermore, the AI model also referred to predictions by crypto analysts, including Utkarsh Tiwari, the Chief Strategy Officer at crypto exchange KoinBX, and Himanshu Maradiya, founder and chairman at AI-powered blockchain ecosystem CIFDAQ.

“Additionally, experts such as Utkarsh Tiwari predict that SHIB could reach a price range of $0.00003 to $0.0000456 in 2025, assuming favorable market conditions and continued development within its ecosystem. Another expert, Himanshu Maradiya, predicts a more realistic price range of $0.0001 to $0.0003 for SHIB in 2024-2025.”

Shiba Inu price analysis

For the time being, Shiba Inu is changing hands at the price of $0.00001357, which represents a 1.78% drop on the day, an accumulated advance of 1.48% on its weekly chart, and a 21.66% loss across the past month, according to the most recent data retrieved on August 13.

It is also worth noting that the recent Shibburn data shows a massive amount of SHIB burned on August 12, amounting to over 40 million Shiba Inu tokens, which represents a remarkable 8,007.8% increase, reflecting the community’s growing efforts to reduce the overall supply and bring the price up.

HOURLY SHIB UPDATE$SHIB Price: $0.00001347 (1hr 0.70% ▲ | 24hr -4.94% ▼ )
Market Cap: $7,936,408,267 (-5.00% ▼)
Total Supply: 589,272,048,888,964

TOKENS BURNT
Past 24Hrs: 40,539,008 (8007.8% ▲)
Past 7 Days: 149,131,658 (-63.85% ▼)

— Shibburn (@shibburn) August 12, 2024

All things considered, SHIB could, indeed, follow the path set by Meta AI, as long as the indicators and developments remain favorable for its price. That said, doing one’s own research is critical, as things in the crypto sector can take an unpredicted turn.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

finbold.com