SHIB Google’s Bard Predictions Of New All Time Highs

SHIB Google's Bard Predictions Of New All Time Highs

As investors continue to ponder on SHIB (Shiba Inu) performance, Bard–the Google AI chatbot has predicted its reach of  $0.00001to $0.1.

SHIB currently trades at $0.00001067 per token, expressing how successfully it has defended the $0.00001 territory. Reaching the outlined price targets would require similar massive surges.

Shiba Inu Current Price Chart

At current price, Shiba Inu needs a 837% to clinch $0.0001, and by a massive 9,272% to hit $0.001. The $0.01 and $0.1 targets require more substantial price surges to the tune of 93,620% and 937,107% respectively. These rates underscore how challenging hitting the targets could be for SHIB.

Shiba Inu: $0.0001 and  $0.001 Reach

According to Bard’s predictions, reaching $0.0001 is a more realistic goal for Shiba Inu possibly within 1-2 years. 

It noted SHIB’s previous growth fueled by hype and trends and how possible a similar spike could push it to this level. 

Also read: Shiba Inu Alert: Crypto Intelligence Platform Advises Close Monitoring

Nonetheless, the chatbot also believes that reaching $0.001 is a much harder task, requiring a 100x increase. This could take 5-10 years if not forever. 

The chatbot suggests that Shiba Inu would need to achieve widespread adoption as a medium of exchange or a store of value for such a huge price increase. This would entail overcoming challenges of regulatory issues and competition from other established cryptocurrencies.

SHIB Rally to $0.01

Google’s AI chatbot, Bard, deems the achievement of the $0.01 target for Shiba Inu highly improbable in the foreseeable future. This ambitious goal entails an almost unprecedented 10,000x increase, a rarity in the cryptocurrency market considering the token’s current price, circulating supply, and market cap. 

Highlighting the cyclical nature of cryptocurrencies, Bard notes that Shiba Inu, like most digital assets, undergoes boom-and-bust cycles. 

Shiba Inu To the Moon: $0.1 Target

Moving to the $0.1 target, the chatbot labels this as purely hypothetical, as it demands an astronomical near 1,000,000x surge. Bard emphasizes that predicting such magnitudes for any asset class, including Shiba Inu, goes beyond reasonable expectations.

To achieve the $0.1 target, Shiba Inu would need to surpass traditional financial systems and emerge as one of the major global currencies—an improbable scenario, according to Google Bard, which suggests it might not be worth serious consideration. Notably, the chatbot refrains from providing specific date projections for both the $0.01 and $0.1 targets.

Bard asserts that its estimates stem from a blend of historical price data, technical indicator analysis, and consideration of fundamental factors and that they should not be construed as financial advice.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

Share this :