Google’s experimental AI chatbot, Bard, has recently given predictions on the timeline for Shiba Inu (SHIB) to get to $0.1.
Just like the rest of the crypto world, the Shiba Inu community has been patiently waiting for the digital asset of their choice to print another bullish trend. There have been some predictions making the rounds lately and we decided to ask Google Bard to provide some insight into the potential future of SHIB.
Will Shiba Inu (SHIB) Reach $0.001, $0.01, or $0.1?
Currently trading at $0.000007621, Shiba Inu (SHIB) seems to be very far from our target price of $0.1. We decided to take it one step at a time and go from $0.001 to $0.01 and then to $0.1. According to Bard, here’s what would need to happen for SHIB to reach these price levels and a possible timeline for each.
Reaching $0.001 will signify an increase of over 13,000%. According to Bard, this would require significant buying pressure but isn’t impossible, seeing that the token has done more than that before. Bard predicts a possible timeline of 1-2 years if SHIB can maintain its popularity and the crypto market keeps growing.
Reaching $0.01 is a much more difficult feat with a required jump of over 131,000%. It is still in the realm of possibility though, according to Bard. The chatbot predicts that with widespread adoption, SHIB could get there in 5-10 years.
To hit $0.1, Shiba Inu (SHIB) will have to go up by over 13,000,000%. Bard states that this is unlikely to happen anytime soon. However, it highlights that if the crypto market continues its growth and Shiba Inu (SHIB) can maintain and grow its popularity, it is possible to hit this price point within the next 20-30 years. However, these are long-term plans.
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As shocking as these might sound, none of it is out of the realm of possibility. An anonymous user turned an $8,000 investment into over $5.7 billion between 2020 and 2021. That was an astonishing 71,250,000% increase, showing the power SHIB can have when it gets going.
Bard points out that factors like regulation, negative news events, and volatility in the market could affect the price of SHIB as it tries to reach this goal.
To close out, Bard says that the future price of the token is uncertain but if it overcomes the risks and challenges ahead, it could hit $0.1 in the future.