Shiba Inu: Machine Learning AI Predicts SHIB’s Price for March 31
As the cryptocurrency market continues to maintain its bullish momentum, the famous dog-themed meme coin Shiba Inu (SHIB) is no exception. Machine learning and artificial intelligence (AI) algorithms are predicting further advances for the ‘Dogecoin (DOGE) killer’ in the near future, fueling excitement among investors and enthusiasts alike.
According to the most recent data retrieved from the crypto analytics and forecasting platform PricePredictions, an advanced price projecting algorithm anticipates the price of Shiba Inu to reach $0.000043 by March 31, 2024.
ChatGPT Predicts 300% Surge In SHIB Prices In Q2 2024
As per the price analysis of the above image by OpenAI’s ChatGPT, the Shiba Inu meme coin is about to explode in the coming quarter. Using the Fib levels, the AI predicts a 308% jump considering the SHIB price approaches the $0.00042404 mark.
However, it is the most bullish case. In a conservative approach, GPT predicts a potential move in Shiba Inu to $0.00026156 at the 2.618 Fib level, which would account for a 151% surge.
How Much Needed to Make $15M, $25M, and $50M if Shiba Inu Hits $0.06
The chances of Shiba Inu reaching a lofty price like $0.06 are quite low, but this has not stopped some proponents from holding discussions around the target. If the $0.06 price ever materializes, an investor holding 250,000,000 (250 million) SHIB would rake in $15 million.
Interestingly, the 250 million SHIB currently goes for $8,387. Meanwhile, for a $25 million investment, market participants must hold 416,666,666 (416.66 million) Shiba Inu tokens when SHIB reaches the $0.06 target. These tokens are currently worth $13,979.
Ultimately, if an investor seeks to secure $50 million at a SHIB price of $0.06, they would need to hold 833,333,333 (833.3 million) tokens, currently valued at $27,958. Nonetheless, while these price targets have the potential to deliver massive returns, there is no guarantee that SHIB can hit any of them.