In a world where meme coins continue to capture the attention of investors, Shiba Inu ($SHIB) remains one of the most talked-about tokens.
Recently, the AI model ChatGPT has made an intriguing price prediction for Shiba Inu, adding to the conversation about the token’s potential.
Meanwhile, Shibie Coin ($SHIBIE), a unique meme coin with ties to pop culture, has achieved a significant milestone by raising $75,000 through its ongoing presale phase.
Shiba Inu Still Packs a Punch Amid Colossal Volatility
Shiba Inu is one of the world’s most famous meme coins, behind only Dogecoin ($DOGE) in terms of recognition.
As its name implies, the token features the likeness of its Shiba Inu mascot and leverages a vibrant community of meme coin enthusiasts.
Shiba Inu has settled down after its incredible surge in late 2021 but remains a significant force in the crypto market.
According to CoinMarketCap, it still ranks as the 14th largest cryptocurrency globally, with a market cap of over $4.8 billion.
So far in 2023, the $SHIB price is up by just 1.75%; although it was up by a whopping 97% when it peaked on February 4.
Data from Tradingview’s Relative Volatility Index highlights that the token continues to exhibit wild price swings, with volatility exceeding 80% on four separate occasions this year alone.
ChatGPT Forecasts a Bright 2023 for Shiba Inu
However, although the Shiba Inu price is only up slightly for the year, ChatGPT believes that $SHIB still has enormous upside potential in 2023.
According to ChatGPT, $SHIB could reach $0.000014 by the year’s end – representing an impressive 72% gain from today’s price.
Some of the factors referenced by ChatGPT when making this prediction include current meme coin market trends and the upcoming release of the Shibarium layer-2 scaling solution.
This latter aspect is crucial, as a successful launch of Shibarium could boost transaction speeds and reduce fees, making $SHIB more practical for real-world use.
Time will tell whether this optimistic prediction comes true, but for now, $SHIB remains a top meme coin to watch.
ChatGPT Also Backing Shibie Coin as it Bridges Pop Culture & Crypto to Create Presale Buzz
Although Shiba Inu has undoubtedly caught the eye of ChatGPT, there are other meme coins that look poised for success in 2023.
Another meme coin gaining significant traction is Shibie Coin ($SHIBIE), a promising combination of two cultural icons – the Shiba Inu token and the Barbie character.
Structured as an ERC-20 token, $SHIBIE’s tie-ins to pop culture help it stand out in the crowded meme coin market.
The project’s presale kicked off just days ago, yet it has already raised over $75,000 in early investment.
Investors can purchase $SHIBIE through this presale before its DEX launch for just $0.000167; expected to be a discount on the eventual listing price.
$SHIBIE’s early presale success, combined with the token’s viral design, has prompted hundreds of people to join the project’s Telegram community in a bid to learn more about the development team’s plans.
One of the most exciting plans noted by $SHIBIE’s developers includes creating an AI-powered Telegram bot, which will engage in playful banter with community members and even provide fun insights about the token’s background.
As outlined in Shibie Coin’s whitepaper, this focus on community is further enhanced, as 60% of the total $SHIBIE supply has been reserved for presale investors.
Additionally, 20% has been set aside to provide DEX liquidity – making it easier for traders to enter and exit positions.
All in all, Shibie Coin is setting itself apart as an inventive meme coin with promise, offering a compelling option for investors seeking pop culture-themed projects.