Crypto exchange Changelly and numerous artificial intelligence robots, Shiba Inu It predicts timelines for me to reach the $0.0194 level.
The Shiba Inu is looking to claw back losses from the previous market downtrend, which triggered a 20% drop from April 23 to the end of the month. Overall, SHIB lost 27.16% in value in April. However, May started with an increase. Moreover, Shiba Inu is up 9.16% in less than a week.
SHIB’s recovery effort, BitcoinIt was supported by a relief rally in the broader market, supported by the increasing strength of (BTC). SHIB broke through the 20-day EMA ($0.0002428) on May 4 when it rose as high as $0.00002632. However, a resistance point at this level triggered a slight decline to its current value of $0.00002250.
Projected Timelines for Shiba Inu to Reach $0.0194
Changelly recently presented an updated analysis of Shiba Inu’s current market position and possible price trajectory. The report confirmed that SHIB’s current market sentiment is 86% bullish and most investors continue to be confident in the recovery move.
They then predicted that the Shiba Inu would close May at $0.00008503, just below its all-time high price of $0.00008845. This figure represents an increase of 247% from SHIB’s current price and meme coin It reflects the dominant rise around it.
However, analysts at Changelly have reserved their bold price targets for much later dates. They predict that the Shiba Inu will clear another zero in December 2027 and be traded at $0.000102. They then expect one zero to be removed in January 2040 and another zero to be removed in July 2040, predicting a maximum price of $0.0103 at that point.
The report also predicts that the Shiba Inu could reach the elusive $0.0194 price zone by July 2050, a decade after hitting the $0.01 price level. Shiba Inu would need to register a massive 79.083% price increase from its current value to reach $0.0194.
AI chatbots were asked for a hypothetical scenario of when SHIB could achieve this goal. Google Bard (now Gemini) suggested that SHIB could reach a value of $0.0194 in 2040, 16 years from now. He cited factors such as market volatility, gradual adoption and technological advances as possible catalysts.
Meanwhile, leveraging the JamesGPT prompt developed by Coinbase Director Conor Grogan, ChatGPT was asked if SHIB has a chance of reaching $0.0194 in 2050 as predicted by Changelly and in 2040 as predicted by Google Bard. The chatbot said there is a 75% chance of SHIB reaching $0.0194 in 2050 and a 60% chance of reaching the target in 2040.
Source : The Crypto Basic