While most assets in the cryptocurrency market are entering a slowdown phase, Shiba Inu (SHIB) is no exception. However, data compiled by artificial intelligence (AI) platform ChatGPT shows that the meme coin could have a more positive start to the new year.
What ChatGPT Predicts
Koinfinans.com As we reported, the AI bot specifically predicts that Shiba Inu could be traded for at least $0.0000135786 in early 2024. This means an increase of 65.62% compared to its price at the time the news was written. On the other hand, he said that the “maximum price could reach up to $0.0000161984,” which would be a 97.57% gain.
In other words, the average price in these predictions offered by ChatGPT will be around $0.0000140786, making it the 18th largest by market cap. crypto- It means that the asset will grow by 71.72% from its current price.
As a matter of fact, SHIB is trading at $0.0000081987 at the time of writing this news, which indicates a change in the last 24 hours, but according to data on November 6, a gain of 2.32% in the previous seven days and a gain of 13.31% on its monthly charts. indicates an increase.
Elsewhere, SHIB has experienced a massive 420% increase in whale transactions in the last 24 hours, reaching an impressive $33.78 million. This means that 4.11 trillion SHIB tokens changed hands in a single day, most of which occurred from one anonymous wallet to another, according to IntoTheBlock information.
All things considered, SHIB could indeed reach the price range predicted by ChatGPT-4, provided that the indicators are positive, it continues to attract sufficient investor interest, and its team continues to develop the SHIB ecosystem, including work on the Shibarium network.