Over the years, Shiba Inu (SHIB) has been earmarked for greatness, which seems to manifest through several bullish price predictions on the token by market analysts and artificial intelligence (AI) tools.
Among the several Shiba Inu (SHIB) price predictions that have graced the crypto space, the coin’s potential ascent to the $0.1 price mark has always generated controversies, probably because of SHIB’s fluctuating price pattern.
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At press time, Shiba Inu’s (SHIB) data on CoinGecko says the digital asset is changing hands at approximately $0.0000092. Its current price status implies that the token must delete four zeros and spike by about 1,086,857% to reach the $0.1 price level.
Having established the above facts, the unanswered question will be a potential timeline for SHIB to reach this price target. ChatGPT and Google Bard were consulted to estimate when Shiba Inu (SHIB) will be worth $0.1.
ChatGPT: Estimated Timeline For Shiba Inu (SHIB) To Hit $0.1
Quizzed about when it expects Shiba Inu (SHIB) to attain $0.1, ChatGPT, the OpenAI chatbot, noted that it is tricky to make such a prediction, citing some significant factors that made it so.
The AI model said, “In terms of reaching $0.1, it’s difficult to predict when or if SHIB will reach that price point. The cryptocurrency market is highly competitive, and many factors can influence the price of a particular cryptocurrency, such as adoption, regulation, and market sentiment.”
Unsatisfied with the above response, we pressed further, and the chatbot responded with a potential timeline. ChatGPT noted, “SHIB could continue to grow at a steady pace, driven by increasing adoption and institutional investment. This could lead to a gradual increase in price over the next 2 to 5 years, potentially reaching $0.1 or higher.”
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Google Bard’s Timeline For $0.1 Shiba Inu (SHIB) Price
Despite engaging Bard in a series of conversations, the Google AI model kept responding in a manner that depicted it does not deem SHIB at $0.1 a possibility.
Bard stated, “Reaching $0.1 for SHIB within a realistic timeframe is highly unlikely with current market conditions and trends.”
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Highlighting possible reasons for its unyielding stance, Bard pointed out the impact on the coin’s market cap, stating, “Reaching $0.1 would require SHIB’s market capitalization to grow by almost 1000 times its current value. This level of growth would be unprecedented in the cryptocurrency market and extremely difficult to achieve.”
Aside from the market capitalization, Bard also spotlighted two other factors that could make SHIB’s potential $0.1 price rise tricky. The chatbot spotlighted Shiba Inu’s limited real-world utility and market volatility as considerable constraints to its future price movement.
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