Forecasts and predictions for Shiba Inu: This is what the AI ​​chatbot ChatGPT says about the future of cryptocurrency

Forecasts and predictions for Shiba Inu: This is what the AI ​​chatbot ChatGPT says about the future of cryptocurrency

According to a report from www.finanzen.net, Shiba Inu was able to benefit from the generally better mood on the crypto market in recent weeks and gain significantly. The cryptocurrency Shiba Inu has made a name for itself in the crypto community as a meme coin and alleged “Dogecoin killer”. With a market capitalization of around $5.1 billion, SHIB is currently one of the top 20 largest cryptocurrencies. Driven by the new crypto euphoria, the meme coin has recorded an increase of 8.5 percent since the beginning of the year and is currently trading at around 0.000008721 US dollars. ChatGPT, an AI chatbot, has made predictions for Shiba Inu that suggest the meme coin could see a significant surge in 2024.

According to ChatGPT predictions, SHIB could move between $0.0000135786 and $0.0000161984 in the spring of 2024. This would definitely lead to a strong increase, in the bull scenario even by around 85.7 percent. The news site “Finbold.com” believes that achieving this forecast is possible, provided that the indicators are positive and Shiba Inu continues to attract enough investor interest.

ChatGPT also gives different scenarios for the development of Shiba Inu until 2028 and even 2050. The AI ​​warns of continued volatility and slow or limited price growth if Shiba Inu has difficulty entering the mainstream.

However, there are also contradictory statements from forecasts from various AI chatbots. Google's AI chatbot Bard believes it is extremely unlikely that Shiba Inu could rise to $1.00, as that would require the cryptocurrency's market cap to rise to $589 trillion.

Overall, crypto investors should not rely too much on AI forecasts, as these are heavily dependent on the intentions of the questions and wording and existing mechanisms are forcibly undermined in order to even get concrete answers. The Shiba Inu cryptocurrency remains a highly speculative investment for which there are no reliable forecasts.