Chat GPT predicts how far the price of Shiba Inu, Pepe Coin and Dogecoin20 will go in 2024
Over the course of the last month, the memecoin niche has been in full swing. Prices of meme cryptocurrencies such as $DOGE, $FLOKI, $SHIB, $WIF or $PEPE, have doubled or even increased in some of these cases 3 or 9 times their value.
This price increase is partly due to the price of Bitcoin reaching new highs lately, rising above $70,000. Because of this, many experts already predict that $BTC could exceed $100,000 this year. This creates a bullish environment that positively affects the crypto market.
Specifically, the memecoin niche is one of the most favored. This bullish trend creates a FOMO effect among investors, which drives demand for these assets. That's why we wanted to ask ChatGPT about the prices of some of the meme cryptocurrencies of the moment.
Through chart analysis, ChatGPT has established the possible future profits of these three cryptocurrencies. The results have been that:
Shiba Inu: Currently the price of $SHIB is trading at $0.00002795 with an upward rally of 186.07% in the last month according to data from CoinMarketcap. According to ChatGPT, the break above the 23.60% Fibonacci retracement level puts $SHIB's potential target value at $0.00003650.
Pepe Coin: Currently the price of $PEPE is trading at $0.000007495, with a notable bullish candle and an increase of 517.54% in the last month. According to ChatGPT, this uptrend is pointing to a Fibonacci extension level of 2.618, with a potential $PEPE target of $0.0000627480, suggesting high optimism in the market.
Dogecoin: The price of $DOGE is currently trading at $0.1318, up 51.67% in the last month. As ChatGPT states, this trend is not as bullish as in the case of Shiba Inu or Pepe Coin, but it could still reach $0.20 this year.