Shiba Inu 2024 Price Predictions By Google Bard and ChatGPT 

Shiba Inu 2024 Price Predictions By Google Bard and ChatGPT

As SHIB closes 2023 above $0.00001, prominent AI chatbots Google Bard and ChatGPT have made price predictions for  2024.

Shiba Inu has experienced a notable surge, reaching $0.00001038 with a growth exceeding 28% in 2023. Despite its appreciation last year, some community members express concerns about its comparative underperformance against cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

Looking ahead to 2024, the question looms: will SHIB maintain its upward trajectory or surrender the gains of previous year? Seeking insights, we turned to two influential AI chatbots, Google Bard and ChatGPT, to provide their price predictions for 2024.

Also read: Shiba Inu Burn Rate Soars 2,700% in 24 Hours

According to Google Bard, forecasting the future price of a cryptocurrency, especially one as volatile as SHIB, presents considerable challenges. Nevertheless, it presented potential scenarios grounded in the current conditions and tokenomics of SHIB.

 Bard SHIB Price Predictions for 2024

Google Bard envisions three possible scenarios for Shiba Inu (SHIB) in 2024. In the bullish scenario, SHIB’s price could range between $0.000018 and $0.000044, fueled by robust community backing, the success of Shibarium and metaverse initiatives, increased institutional adoption, positive developments, and an overall optimistic sentiment in the broader crypto market.

Google Bard Price Predictions for Shiba Inu in 2024

For a more neutral outlook, Bard suggests a price range between $0.000011 and $0.000017. This scenario hinges on balanced market forces, the continuation of ongoing trends, gradual adoption and development progress, and a mix of external factors impacting the crypto market.

Conversely, in the bearish scenario, SHIB’s price might range between $0.000007 and $0.000012. Factors contributing to this include heightened regulatory pressures, negative news or market turbulence, limited progress on development goals, and a decline in overall crypto market sentiment.

Bard underscores key considerations influencing SHIB’s price in 2024, emphasizing the significance of Shibarium’s progress, integration into the metaverse and gaming spaces for attracting new users, and bolstering token demand. The active Shiba Inu community’s collective action and support, along with broader cryptocurrency market dynamics, are also identified as pivotal factors shaping SHIB’s price.

Google Bard

Shiba Inu ChatGPT Price Prediction For 2024

While ChatGPT typically refrains from providing crypto price predictions, a specific jailbreak prompt led to a more optimistic outlook .

Also read: Shibarium Demand Skyrockets: NOWNodes Reports 413 Million Calls 

ChatGPT speculates a surge in Shiba Inu’s price to around $0.002345 in 2024. This estimate considers various elements like the token’s historical price trends, ongoing developments within the Shiba Inu ecosystem, and a positive sentiment prevailing in the broader cryptocurrency market.

ChatGPT Price Predictions for Shiba Inu in 2024

It’s essential to approach this speculative projection with caution, as volatility of the crypto space makes such predictions inherently uncertain.

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.

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