The uncertainties around the Shiba Inu (SHIB) future price actions have become a concern among crypto enthusiasts, especially the SHIB army.
Like most other crypto assets, the stage seems set for SHIB to partake in the rally accompanying the Bitcoin halving event in April 2024. However, its potential effect on the prices of crypto assets is yet to be ascertained.
Nevertheless, there have been speculations about SHIB achieving some specific prices. The commonly speculated prices are $0.0001, $0.001, $0.01, or $0.1.
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Shiba Inu (SHIB) is selling at approximately $0.000011, implying that it must delete four zeros to achieve the highest speculated prices, as highlighted above.
Also, achieving the speculated prices would imply spikes of 809.1%, 8,990.9%, 90,809.1%, and 908,990.9%, respectively, for the prices beginning from the least to the highly speculated prices.
To know the potential timelines for the speculated SHIB prices, we asked Bard, Google’s artificial intelligence (AI) model.
Projected Timeline For The $0.0001 Price Target
According to Bard, $0.0001 is an achievable price target for SHIB in the next one to two years. Stating why the $0.0001 price level seems attainable, the AI model noted that it has shown periods of unprecedented growth.
Bard added that a similar price movement reoccurrence, like the one described above, could catalyze SHIB’s ascent to the $0.0001 price level.
Projected Timeline For The $0.001 Price Target
Google Bard acknowledged the $0.001 price as a more daunting target, which could take five to ten years to manifest.
The chatbot maintained that for $0.001 to happen, SHIB must have gained significant global recognition and adoption, which is only possible if Shiba Inu improves its use cases.
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Projected Timeline For The $0.01 Price Target
Considering SHIB’s current price standing, circulating supply, and market pool, Bard noted that the $0.01 price level is unlikely.
Bard stated that SHIB must pose fierce competition with the ability to replace fiat cryptocurrencies globally to edge closer to achieving the $0.01 price mark. Notably, no timeline was spotlighted for the $0.001 price level.
Projected Timeline For The $0.1 Price Target
Bard described SHIB’s potential ascent to $0.1 as being based on mere hypothesis and fantasy, adding that the price target is not worth considering, as it also failed to name a potential timeline for the price to happen.
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