Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Artificial Intelligence Has Set the Price of Shiba Inu by the End of 2024

Artificial Intelligence Has Set the Price of Shiba Inu by the End of 2024

HappyCoinNewsHappyCoinNews2024/10/30 09:55
By:HappyCoinNews

Artificial Intelligence (AI) tool by OpenAI Chat GPT -4 predicts that kriptovalyuta -meme Shiba Inu (SHIB) is likely to show growth by the end of 2024.

According to AI analysis, SHIB could rise more than 31% by December 70 and trade in a “realistic range” of $0,000005 to $0,00003.

SHIB price forecast at the end of 2024. Source: Chat GPT -4O

Recognizing the speculative nature of tokens like SHIB, Chat GPT -4 identified several catalysts that could impact the token's valuation.

These include market sentiment, regulatory changes, macroeconomic conditions, adoption, and utility. The AI ​​model also noted that monitoring the trading patterns of whale investors could impact SHIB volatility.

SHIB analyst KNIGHT's forecast echoes AI's findings as he is confident that SHIB could form a parabolic curve, potentially setting the stage for token to a breakthrough.

SHIB Price Analysis. Source/SHIB KNIGHT

If the bullish trend continues and market sentiment around SHIB strengthens, token could attract more investors looking to profit from a potential rally.

If the price Shiba Inu does indeed rise, the upward momentum could sweep across the entire meme coin sector.

Token burns over the past seven days, which have removed 95,44 million tokens from circulation, are fueling growth expectations.

 

 

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!