$SHIB
Shiba Inu: Google AI predicts three prices by the end of 2024
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Google's artificial intelligence called Gemini established three different scenarios for Shiba Inu.
The most bullish outlook provided by the AI places SHIB with an extraordinary gain of more than 400%
Coincidentally, memecoin has accumulated a drop of more than 18% in the last week, making it the cryptocurrency with the greatest loss within the Top 50.
Google's artificial intelligence, Gemini, projected three diverse scenarios for the end of 2024 on Shiba Inu.
The more bullish context suggests that SHIB would experience a notable increase, leading it to reach new all-time highs. The set price is 0.0002 USD, which would indicate a profit of approximately 410%.
A more moderate outlook holds that the memecoin would trade at $0.0001, which would mean a potential increase of 155%. This also depends on whether or not the overall market sentiment is bullish.
And the third projection, the most bearish, revealed that SHIB could rise to $0.00005. This would mark the current price practically doubling.
The evolution of the price of Shiba Inu
Since the beginning of the year, SHIB has recorded a remarkable increase of more than 170%. This occurs thanks to the momentum of Bitcoin and memecoins, highly supported by investors in this context.
However, in the last week it has accumulated a drop of more than 18%, making it the cryptocurrency with the greatest loss within the Top 50, which is why it is currently trading at 0.000027 USD, according to CoinMarketCap.
With a market capitalization of more than $16.4 billion, Shiba Inu ranks 11th in terms of capitalization, still far behind Dogecoin, which is worth $22.368 billion.
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