Shiba Inu (SHIB) has attracted attention with the rise of interest in recent times, and users are also curious about when SHIB will experience another major surge. In the current environment where artificial intelligences are improving day by day, it seems appropriate to learn what the leading Large Language Model (LLM) ChatGPT has to say about this.
How Much is Shiba Worth?
Shiba Inu, also known as the killer of Dogecoin and later created by an unknown developer named Ryoshi in 2020, continues to exist and develop. Since then, Shiba Inu (SHIB) has become one of the largest cryptocurrencies in the market and has always attracted the attention of whales. In October 2021, it reached its all-time high of $0.00008845 and even surpassed Dogecoin (DOGE) at that time.
According to the examination carried out within Shiba Inu, it was ranked 17th with a market value of $4.34 billion according to the data provided by CoinMarketCap at the time of writing. SHIB coin was trading at $0.000007367 with a 0.91% increase in the last 24 hours and a 3.59% increase in the 7-day period.
Will Shiba Inu (SHIB) Reach $0.9?
According to ChatGPT, if a short-term bull run occurs, certain situations can trigger a short-term bull run that can send SHIB to high levels. ChatGPT gave the following answer to the question:
If there is a sudden increase in positive sentiments, new partnerships, and increased adoption, SHIB may experience a rapid price increase. This could happen within the next 6 to 12 months.
A team member within Shiba Inu recently announced that they have taken a position for an upcoming bull run. This can also be a good sign for short-term growth on behalf of investors. It may also be helpful to look at medium and long-term predictions.
According to ChatGPT’s medium-term growth prediction, if the cryptocurrency market continues to rise and SHIB continues to gain token burning and user interest, it can reach $0.9 within 1 to 2 years.
For the long-term price prediction, ChatGPT states that in a longer period of 3 to 5 years, if the Shiba Inu ecosystem expands significantly, it can attract more users and investors, and potentially reach a price of $0.9.
It may be useful to mention that this prediction is based on mass adoption, which is one of the biggest triggers for all cryptocurrencies. If we talk about Shiba Inu (SHIB), it can be called a long process of 3 to 5 years for an increase in value and widespread adoption.
