Since the meteoric rise of the meme cryptocurrency Shiba Inu (SHIB) in 2021, it has remained one of the most closely watched tokens in its category due to its potential price trajectory in the years ahead.
While the token has largely followed the general market’s trajectory, there is continued interest in how it will perform, particularly considering its ongoing on-chain development.
In this context, Finbold turned to the interactive artificial intelligence (AI) platform ChatGPT for SHIB’s price predictions in the upcoming years. We asked OpenAI’s ChatGPT to provide optimistic and conservative price predictions for the meme token.
Optimistic price prediction
In the predictions, the tool did not specify a particular price for the token in 2024, 2028, 2032, or 2050. For the optimistic scenario, the AI tool suggested that the asset’s price could experience a rally driven by factors such as widespread adoption and utility in various applications and ecosystems.
However, it also pointed out that SHIB remains susceptible to regulatory concerns, and achieving clarity in this area would be an ideal catalyst for the meme coin’s performance.
In 2024, ChatGPT’s projection suggests that SHIB might reach a new all-time high. Moving to 2028, the token is expected to experience increased adoption and utility, potentially leading to substantial gains. By 2032, the AI tool predicts that SHIB will likely solidify its position in the market, and by 2050, the token is anticipated to achieve widespread adoption.
On the conservative front, the AI tool points out that SHIB’s value could face challenges due to factors such as regulatory hurdles and competition, limiting its growth potential.
In this scenario, ChatGPT foresees difficulties in attaining price stability, which may result in SHIB remaining relatively low in value and struggling to catch up with more established assets across the years 2024, 2028, 2032, and 2050.
Google Bard predictions
For specific price predictions, Finbold consulted the Google Bard AI tool, which outlined possible price scenarios for SHIB in 2024, 2028, 2032, and 2050.
In 2024, the tool projects that SHIB could potentially trade around $0.00002119, with a maximum price of $0.00002822 and a minimum price of $0.00001816. In 2028, Bard projects that SHIB is likely to trade at around $0.00003458.
Elsewhere, in 2032, the token could be valued at approximately $0.00006883, while in 2050, the tool projects a valuation of around $0.00097 for the meme asset.
In the meantime, SHIB continues to trade in line with the general market, recording a correction of over 1% in the last 24 hours and being valued at $0.0000077 at the time of this update. On the weekly chart, SHIB is down over 2%.
Based on the current price movement, SHIB has struggled to build on the gains seen around the relaunch of the Layer 2 scaling solution, Shibarium. Notably, this upgrade was expected to contribute to a potential price rally for SHIB.
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