Since March 2024, when it hit its highest level at 0.000035 USD, Shiba Inu has skilled a fall continues to build up a loss of 4.7% in the final week.
Anyway, the memecoin has good fundamentals recently similar to the enhance in transactions in the Layer 2 Shibarium resolution, marking 15% on July 25.
In parallel, the new contracts On Shibarium they shot up greater than 300% in the final 24 hours, going from 8 to 36.
What does AI say about the future price of Shiba Inu?
Finbold consulted totally different synthetic intelligence platforms to calculate the price of SHIB for the end of 2024. This is what they indicated:
ChatGPT-4o: Due to its technological developments and constructive information from the crypto market on the whole, OpenIA’s AI projected SHIB in 0.00003 USD by December 31, 2024.
SearchGPT:This newly launched platform predicts the price of Shiba Inu to be at 0.000025 USDthat’s, barely decrease than ChatGTP.
Microsoft AI: Copilot additionally got here to the similar conclusion and estimated an analogous state of affairs, so it set a price of 0.000025 USD.
Alphabet’s Gemini: Like Copilot and SearchGPT, Gemini has decided that SHIB can even commerce round 0.000025 USD.
At the time of writing this text, SHIB was up 3.4% in the final 24 hours to $0.000016.