ChatGPT Forecasts Shiba Inu Minimum and Maximum Price Targets For Early 2024 

According to ChatGPT’s latest prediction, the price of Shiba Inu could spike to a minimum of $0.00001357 by early 2024. Consequently, this prediction suggests that the price of Shiba Inu could surge by 52.98% from its current level of $0.00000887. 

In addition, the chatbot also speculated that Shiba Inu could rally to $0.00001619 by the beginning of 2024, marking an 82.52% increase from its current price. 

It bears mentioning that ChatGPT’s latest prediction is nothing compared to SHIB’s previous all-time high of $0.00008616. However, the forecast suggests that Shiba Inu could have gained momentum ahead of the upcoming bull market. 

Notably, analysts predict the bull market will peak after the next Bitcoin halving, which is expected by April 2024. Historically, the price of Bitcoin usually spikes tremendously after halving, with the asset hitting a new high. 

As observed in previous halving events, Bitcoin’s tremendous rally is felt by other tokens, including Shiba Inu, as they also reach new all-time highs. 

For context, Shiba Inu’s ATH of $0.00008616 was recorded on October 28, 2021, several months after the last Bitcoin halving. It remains to be seen whether Shiba Inu will replicate a similar feat in the upcoming halving event. 

As reported earlier, Shiba Inu lead developer Shytoshi Kusama asserted that the cryptocurrency would take advantage of the upcoming bull run. He stated that the team is working round the clock to complete the necessary work to ensure Shiba Inu participates in the next bull market.