Shiba Inu (SHIB), the self-proclaimed “Dogecoin killer,” is in the news again, as recent predictions have ignited a firestorm of debate surrounding its price potential.
Recent projections paint an optimistic picture for the meme coin, and the question on the community’s mind is how high SHIB can go this year and beyond.
Despite facing the headwinds of a broader market downturn and struggling to recover, Shiba Inu (SHIB) has demonstrated remarkable resilience, consolidating under $0.00001 and refusing a sustained decline.
Notably, while Bitcoin (BTC) tumbled almost 15% since January 11, SHIB’s decline is less than 10%.
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Changelly’s Shiba Inu (SHIB) Predictions
Changelly, a reputable crypto exchange, has updated its predictions for Shiba Inu (SHIB), with a cautious outlook for SHIB’s immediate future. SHIB is currently trading at $0.000009393, up 1.81% over the last 24 hours, and Changelly’s analysts believe SHIB will drop by January 31 to $0.000008196, representing a 14.6% drop.
Changelly doesn’t expect big things for SHIB in 2024, predicting an average price of $0.0000108, with a minimum of $0.00000730 and a maximum of $0.00000905. SHIB is currently trading above this maximum price, which means the analysts expect it to fall soon.
Despite the bearish outlook, Changelly expects SHIB to take a turn in 2025, predicting an average price of $0.000020, with a maximum of $0.000024 and a minimum of $0.000020. SHIB is expected to maintain the estimated price for four years.
However, 2029 could be a standout year for the meme coin. Changelly expects Shiba Inu (SHIB) to breach its all-time high in 2029 and erase another zero, predicting a maximum price of $0.000101.
However, if bearish trends prevail, SHIB could trade just below its all-time high with a minimum of $0.000085 and an average price of $0.000085. If this is the case, the coin’s triumph will begin in 2030, where Changelly expects an average of $0.000132, a minimum of $0.000128, and a maximum of $0.000149, solidifying its place above $0.0001.
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AI Tools Weigh in on SHIB’s Future
While Changelly treads cautiously, expecting a gradual surge over an extended period, ChatGPT and Google Bard, the top AI tools, have bigger expectations for Shiba Inu (SHIB).
Bard, describing its prediction as cautious, set a target ranging from $0.000015 to $0.000025 by the end of 2024.
Similarly, ChatGPT’s most recent prediction for SHIB is in the same range. It sets a target of $0.00002. The chatbot wrote, “By the end of 2024, Shiba Inu might dance around $0.00002.” Only time will tell which of these paths Shiba Inu will follow.
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