While Shiba Inu investors continue to debate the possibility of the asset hitting $0.01, Google’s Bard AI believes the goal is actually achievable. In a recent conversation, we asked Google’s Bard AI about the likelihood of Shiba Inu hitting $0.01, given its current value of $0.000008546 and a circulating supply of 574 trillion tokens.

The AI ​​chatbot replied: "It is possible for Shiba Inu to reach $0.01 in the future, but this would require a significant increase in demand and a decrease in supply."

This response is consistent with the widely held view that the large supply of Shiba Inu needs to be reduced for the asset price to rise significantly. With a circulating supply of 574 trillion tokens, if SHIB reaches its $0.01 price target, its market cap will reach $5.74 trillion. However, this scenario is highly unlikely, underscoring the need to reduce supply.

Factors that could help the Shiba Inu hit $0.01

“Several factors may lead to increased demand for Shiba Inu dogs. One possibility is that cryptocurrencies may become more widely accepted as a form of payment,” Bader further revealed.

The AI ​​chatbot references Shiba Inu’s utility as a payment method. This bodes well for the asset, as it's already gaining traction in the payments space. Notably, established retailers like Newegg, Gucci, and Twitch accept Shiba Inu as a form of payment.

Additionally, Shiba Inu’s integration with BitPay, Binance Pay and Binance Card gives SHIB access to a vast network of online vendors and merchants. This higher risk exposure further drives adoption and demand for the asset. Bard noted that if “the Shiba Inu ecosystem can continue to grow and new projects and partnerships are announced, SHIB will have the opportunity to reach $0.01.” Noteworthy projects such as Shibarium, SHIB: The Metaverse, and Shiba Inu Cold Wallet all fit into this category. A vision.

At press time, SHIB was trading at $0.000008546, down 1.50% in the past 24 hours. Reaching $0.01 would represent a 116,913% surge in value. While this may seem unusual, the cryptocurrency market has seen such rallies in the past. However, SHIB's chances of success depend largely on a significant reduction in supply and an increase in demand and utility.