Like many other assets in the cryptocurrency sector, Shiba Inu (SHIB) has been recording advances recently, adding up to its particularly successful year that saw it soar over 125%, and data compiled by the artificial intelligence (AI) platform ChatGPT suggests a wide trading range in the next year.
Indeed, Finbold asked ChatGPT-4, the most recent model of the OpenAI brainchild, to provide insights into the possible price range of Shiba Inu in 2025, taking into account expert opinions, historical price movements, indicators, and other relevant information from the viewpoint on May 10.
Shiba Inu price prediction
So, will Shiba Inu coin reach $1 any time soon? Not very likely, at least according to the information that ChatGPT has gathered from the internet’s most prominent crypto monitoring and forecasting websites. Nonetheless, a price increase is quite possible.
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As it happens, the advanced generative AI tool has cited several such platforms, including CoinCodex, which has set a minimum price of SHIB to $0.000041 in 2025, “indicating a potential growth considering its current rate,” as ChatGPT further elaborated.
On top of that, it shared an even more bullish prognosis by WalletInvestor, which sees Shiba Inu on a “growth trajectory leading to $0.000061 in 2025, which suggests an upside potential or around 160% from its current price,” the AI chatbot observed.
Finally, it also provided a slightly less impressive, though still optimistic, forecast by Digital Coin Price, which has set the price of SHIB at $0.000029 by 2025, “demonstrating a 124% increase,” from its price at press time, as OpenAI’s celebrated product stated.
Furthermore, the bot offered a perspective that takes into account Shiba Inu’s all-time high (ATH) of $0.000039, which the popular dog meme token reached in October 2021 and hasn’t yet managed to surpass, even though many other assets in the crypto market have:
“SHIB saw an astronomical rise in 2021 but has experienced volatility typical of most cryptocurrencies. It’s important to consider that its historical peak was $0.000039, suggesting room for growth if market conditions are favorable.”
SHIB price analysis
For now, SHIB is trading at $0.00002335, marking a 3.56% increase on the day and adding up to the 1.51% advance across the past week, as the asset moves to recover from the 15.48% loss on its monthly chart while gaining 126.28% since the year’s turn.
Meanwhile, crypto expert and industry influencer Del Crxpto has recently declared that he knew inside Shiba Inu information that has led him to stock up on more SHIB, possibly referring to the fact that whatever major reveal was supposedly coming would trigger a SHIB rally.
All things considered, making specific SHIB price predictions is a challenging task, although insights provided by AI can help sort out and gauge the direction in which the crypto asset could move in the future. However, doing one’s own research and keeping up with any Shiba Inu news is essential.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.