Here’s a Projected Timeline for Shiba Inu to Rise 5,174% to $0.0005

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Shiba Inu (SHIB) could witness a sustained price appreciation that would see it eventually surge 5,174% to the $0.0005 price, according to recent projected timelines.

SHIB has not escaped the ongoing market-wide onslaught. However, the token has shown resilience. Currently trading for $0.00000948, Shiba Inu is only down 9.7% since its high of $0.00001050 on Jan. 11. However, Bitcoin (BTC) has slumped 14.8% within the same timeframe.

Despite the effects of the market collapse, SHIB has sternly defended the $0.000009 price territory, only briefly relinquishing it on Jan. 19.

The crypto asset seeks to leverage this price point as a springboard for a substantial rally when the market eventually recovers.

The latest favorable short-term metrics have triggered renewed optimism in Shiba Inu’s long-term prospects. Chants of ambitious price targets have re-entered the scene, with the $0.0005 particularly taking center stage. 

However, the feasibility of these price goals remain contested. A research conducted by The Crypto Basic sought the opinions of three entities on the matter: crypto exchange service Changelly, and AI chatbots Google Bard and ChatGPT.

Changelly Predicts When Shiba Inu Could Hit $0.0005

In a report today, Changelly discussed Shiba Inu’s current price situation and its future price trajectory.

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According to the Changelly research team, while Shiba Inu has managed to record a 50% win rate over the past 30 days, its sentiment remains bearish with a neutral Fear and Greed Index (FGI).

Moreover, SHIB’s volatility stands at 5.13%. Changelly is bearish on Shiba Inu’s trajectory this month, forecasting the token to end January at $0.000008196, representing a 13.5% drop from the current price and a 22% slump from the January peak of $0.00001050.

Nonetheless, the Changelly team remains confident that Shiba Inu will continue to appreciate in the long term. They expect the token to shed another zero in the next five years, projecting a maximum price of $0.0001009. 

Shiba Inu Price Prediction Table Changelly

Despite the bullish sentiments, the team believes Shiba Inu might not be able to clinch the $0.0005 price goal until around 2033. They have projected a maximum price of $0.0004819 for SHIB for 2033, the closest value to the $0.0005 price. 

Responses from ChatGPT and Google Bard

However, we presented AI chatbots ChatGPT and Google Bard with questions on when Shiba Inu could reach the $0.0005 price. Interestingly, Open AI’s chatbot ChatGPT presented a more bullish yet completely unrealistic projection. 

Projected Timeline for Shiba Inu to Hit  alt=
Projected Timeline for Shiba Inu Price Target | ChatGPT

According to the chatbot, SHIB could hit the $0.0005 price territory in 2025. ChatGPT claims Shiba Inu would witness widespread adoption, technological advancements and increased confidence among investors. The AI resource claims these factors would lead to the $0.0005 price next year.

We presented a similar query to Bard, Google’s experimental AI resource. Bard stressed that projecting a specific price timeline for volatile assets such as Shiba Inu is challenging.

However, it presented three possible date ranges for SHIB to hit $0.0005 based on a bearish, bullish and neutral outlook.

In the bullish case, Bard predicts SHIB to hit $0.0005 from 2025 to 2026. This bullish case could stem from the success of Shibarium and a massive ecosystem growth. For the neutral case, the chatbot sees SHIB reaching $0.0005 from 2027 to 2030.

Projected Timeline for Shiba Inu to Hit  alt=
Projected Timeline for Shiba Inu Price Target | Google Bard

The neutral case could materialize if Shiba Inu maintains its top position when the broader market sees a massive run.

In the bearish case, Google Bard believes SHIB could reach $0.0005 beyond 2030 if the crypto market remains stagnant. Bard suggested that at this stage, a $0.0005 is unrealistic.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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