Shiba Inu (SHIB) has been in a market-wide storm brewing over the last few weeks. The popular memecoin is down 7% in the weekly charts, over 19% since the previous month, and over 21% since January 2023. The asset struggled even when other cryptocurrencies, such as Solana (SOL) and Bitcoin (BTC), rallied in the latter part of last year.
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However, Shiba Inu (SHIB) fans and investors are battling their way through the storm and are on their way to deleting a few more zeros from SHIB’s price. The popular memecoin has been on a downtrend for the most part after hitting its all-time high of $0.00008616 in October 2021, over two years ago.
ChatGPT predicts when Shiba Inu (SHIB) could reach $0.0003
Reaching $0.0003 from current levels translates to a growth of over 3,300%. According to ChatGPT, SHIB could hit its target in the next two years. The AI (Artificial Intelligence) chatbot’s outlook on SHIB seems quite bullish.
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Changelly, on the other hand, paints a more bearish picture for SHIB. The platform anticipates SHIB to reach $0.0003 sometime in 2033, almost nine years from now.
Furthermore, ChatGPT predicts Shiba Inu (SHIB) could breach the $0.003 in the next four or five years. Reaching $0.003 from current levels translates to a growth of over 33,900$. Changelly, however, predicts SHIB to hit $0.003 sometime between 2033 and 2040.
Although Changelly is bearish on SHIB’s short-term growth, there is a possibility that the asset could rally over this year. The SHIB team has revealed a new burn mechanism that could potentially remove trillions of tokens yearly. If the team can reduce the project’s supply, we may see an increase in demand and price.