Since the meteoric rise of the meme cryptocurrency Shiba Inu (SHIB) in 2021, it has remained one of the most closely watched tokens in its category due to its potential price trajectory in the years ahead.
While the token has largely followed the general market’s trajectory, there is continued interest in how it will perform, particularly considering its ongoing on-chain development.
In this context, Finbold turned to the interactive artificial intelligence (AI) platform ChatGPT for SHIB’s price predictions in the upcoming years. We asked OpenAI’s ChatGPT to provide optimistic and conservative price predictions for the meme token.
ChatGPT optimistic SHIB price prediction. Source: ChatGPT
Conservative prediction
On the conservative front, the AI tool points out that SHIB’s value could face challenges due to factors such as regulatory hurdles and competition, limiting its growth potential.
In this scenario, ChatGPT foresees difficulties in attaining price stability, which may result in SHIB remaining relatively low in value and struggling to catch up with more established assets across the years 2024, 2028, 2032, and 2050.
ChatGPT conservative SHIB price prediction. Source: ChatGPT
Google Bard predictions
For specific price predictions, Finbold consulted the Google Bard AI tool, which outlined possible price scenarios for SHIB in 2024, 2028, 2032, and 2050.
In 2024, the tool projects that SHIB could potentially trade around $0.00002119, with a maximum price of $0.00002822 and a minimum price of $0.00001816. In 2028, Bard projects that SHIB is likely to trade at around $0.00003458.
Elsewhere, in 2032, the token could be valued at approximately $0.00006883, while in 2050, the tool projects a valuation of around $0.00097 for the meme asset.
Google Bard SHIB price prediction. Source: Google
In the meantime, SHIB continues to trade in line with the general market, recording a correction of over 1% in the last 24 hours and being valued at $0.0000077 at the time of this update. On the weekly chart, SHIB is down over 2%.
SHIB seven-day price chart. Source: Finbold
Based on the current price movement, SHIB has struggled to build on the gains seen around the relaunch of the Layer 2 scaling solution, Shibarium. Notably, this upgrade was expected to contribute to a potential price rally for SHIB.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
