SHIB price prediction by ChatGPT
We consulted the latest ChatGPT model to get a more comprehensive and optimistic view of the Shiba Inu's long-term price potential. The AI took into account various factors, such as the upcoming Bitcoin halving, broader market trends, and other relevant considerations.
After analyzing the monthly chart of the Shiba Inu's price trend, ChatGPT predicts that the meme coin could reach $0.0010427 by 2024, using the Fibonacci levels as the next price target. However, the AI model's assessment went beyond this initial target, suggesting a 10-cent price for the Shiba Inu is a conceivable milestone for 2025.
Despite the optimistic predictions and current bullish trend, it is important for investors to approach the cryptocurrency market with caution. The cryptocurrency space is known for its volatility and unpredictability, especially meme coins, which are often subject to sudden price swings due to market sentiment and hype.