Google AI Chatbot Predicts Shiba Inu’s Future Price Targets
According to Gemini, Google’s advanced AI chatbot, Shiba Inu (SHIB) is expected to experience significant price increases by the end of 2024. The AI model has provided three potential scenarios for SHIB’s price trajectory:
- Scenario 1: SHIB could surge to $0.0002, reflecting a 410% increase.
- Scenario 2: SHIB could rally to $0.0001, representing a 155% surge.
- Scenario 3: SHIB’s price may reach $0.00005, indicating a relatively low growth for the cryptocurrency.
Shiba Inu Faces Major Price Correction
While Shiba Inu has seen significant gains and has even entered the top 10 cryptocurrencies by market capitalization, it recently experienced an unexpected price decline. The price of SHIB dropped below $0.00003 and currently trades at $0.000029, reflecting a decline of 10.75% in the last 24 hours.
Despite this correction, many analysts still believe that SHIB will maintain its bullish trajectory. However, recent price charts show mostly red candlesticks, indicating potential bearish trends.
The cause of this sudden drop in price is yet to be determined. Nevertheless, Shytoshi Kusama, Shiba Inu’s lead developer, remains optimistic about the meme coin’s future and predicts that it could become a leading cryptocurrency in the upcoming meme coin season.
Hot Take: Shiba Inu’s Price Outlook
The future of Shiba Inu’s price remains uncertain, but Gemini’s AI chatbot has provided insights into potential price targets. Here’s what you need to know:
- Shiba Inu could potentially surge to $0.0002, reflecting a massive 410% increase.
- A more moderate scenario suggests SHIB may rally to $0.0001, representing a 155% surge.
- However, the AI model also predicts a relatively low growth for SHIB, with a potential price increase to $0.00005.
Despite recent price corrections and bearish trends, many analysts believe that Shiba Inu still has the potential for future growth. As always, it’s essential to conduct thorough research and consider multiple factors before making any investment decisions in the cryptocurrency market.
By
By
By
By
By