Shiba Inu to $0.0194 : Google, Bard, ChatGPT, and Changelly Predict Timelines
Multiple entities, including crypto exchange Changelly and AI chatbots Google Bard and ChatGPT, are projecting timelines for Shiba Inu to reach the $0.0194 level.
Shiba Inu is looking to reclaim the losses of the previous market downtrend, which triggered a 20% decline from April 23 to the end of the month. Overall, SHIB collapsed 27.16% in April. However, the month of May began with a bullish setup, with Shiba Inu already up 9.16% in less than a week.
Shiba Inu’s recovery campaign has been bolstered by the relief rally in the broader market, buoyed by Bitcoin’s (BTC) growing strength. SHIB recently tore through the 20-day EMA ($0.0002428) when it soared to a high of $0.00002632 on May 4. However, a resistance point at this level triggered a mild drop to the current value of $0.00002250.
Projected Timelines for SHIB to Hit $0.0194:-
Changelly recently presented an updated analysis of Shiba Inu’s current market position and possible price trajectory. The report confirmed that SHIB’s present market sentiments are 86% bullish, confirming that most investors remain confident in their recovery push.
They then projected that Shiba Inu would end the month of May at $0.00008503, slightly below its all-time high price of $0.00008845. This figure marks a 247% increase from SHIB’s current price, reflecting the predominant bullishness around the canine-themed cryptocurrency.
However, analysts at Changelly reserved the audacious price targets for much later dates. They predict Shiba Inu will erase one more zero in December 2027 and trade at $0.000102. They then expect the removal of an additional zero in January 2040 and one more in July 2040, projecting a maximum price of $0.0103 at this point.
The report further predicts that Shiba Inu could then reach the elusive $0.0194 price zone in July 2050, ten years after it clinches the $0.01 price level.
