Google Bard Predicts Shiba Inu Price Targets
Time:2023-12-24 Click:171
Google Bard predicts when the Shiba Inu will reach $0.0001, $0.001, $0.01 or $0.1As some investors continue to speculate on how high the Shiba Inu (SHIB) price might go, Google's AI chatbot Bard has predicted when the Shiba Inu might reach $0.00001, $0.001, $0.01, or $0.1.The Shiba Inu is currently trading at $0.00001067, up 2.79% in the past 24 hours. Although the coin managed to hold the $0.00001 territory, a massive rally would be needed to reach the set price target.At current prices, the Shiba Inu would need to rise 837% to reach $0.0001, and to reach $0.001, it would require a massive 9272% rise.Achieving the $0.01 and $0.1 targets would require larger gains, reaching 93620% and 937107% respectively. These increases highlight how challenging it can be for the Shiba Inu to achieve these goals.Shiba Inu reaches $0.0001However, according to Google Bard, $0.0001 for the Shiba Inu in the short to medium term is a more realistic goal and could be achieved within 1-2 years.The chatbot said the Shiba Inu has experienced periods of rapid growth in the past, driven by hype and social media trends. Based on this, it believes a similar rally could propel it to this level.Google Bard also said that increased adoption within the Shiba Inu ecosystem and the availability of the likes of the Shibarium blockchain and ShibaSwap exchange could boost its price.Shiba Inu reaches $0.001However, Google Bard believes that reaching $0.001 is a more difficult task, requiring a 100-fold increase from the current price. According to Bard, this could take 5-10 years, if at all.The chatbot said the Shiba Inu would need widespread adoption as a medium of exchange or store of value to achieve such huge gains. This will require overcoming significant challenges such as regulatory issues and competition from established cryptocurrencies.Shiba Inu reaches $0.01As for the $0.01 target, Google’s AI chatbot says it’s highly unlikely in the foreseeable future as it would require a nearly 10,000x increase, which for the token at its current price position, circulating supply and market cap, is The cryptocurrency market is almost unheard of.The chatbot stated that the Shiba Inu would have to replace major fiat currencies and become the dominant global currency for this to happen. Google Bard emphasized that most cryptocurrencies go through cycles of boom and bust, and the Shiba Inu is no exception.Shiba Inu reaches $0.1According to Google Bard, reaching $0.1 is purely hypothetical and almost absurd, as it would require nearly 1,000,000x growth. The chatbot said this level of growth is beyond reasonable predictions for any asset class.Bard noted that the Shiba Inu would have to transcend the traditional financial system and become one of the world's major currencies for this to happen. Google Bard says this scenario is quite unlikely and probably not worth considering. The chatbot did not give any date predictions for the $0.01 and $0.1 targets.Google Bard said its estimates are based on historical price data, analysis of technical indicators and consideration of fundamental factors such as adoption, availability and competition.However, the chatbot warns that this is just some educated guesses and should not be taken as financial advice. Google Bard emphasized that the cryptocurrency market is extremely volatile and can change rapidly.
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