Google experimental AI chatbot Bard generates Shiba Inu’s price projections for September, October, November, and December 2023.
Shiba Inu (SHIB) has been trading below $0.00001 since August 16 due to the market’s overall performance.
Following the massive plunge of SHIB, investors are curious to know the asset’s price performance for the remaining months of the year.
Bard, an AI chatbot developed by Google, has suggested specific price outlooks for SHIB in September, October, November, and December 2023.
Bard’s September Price Projection for SHIB
According to Bard, SHIB’s price could likely be volatile this month, fluctuating between the levels of $0.000007 and $0.000009. It revealed that some experts project a potential price ascent for SHIB to around $0.00001 by September 2023 if there is a positive sentiment in the market.
Conversely, others speculate that SHIB could plunge to $0.000006 if the bear market continues.
SHIB October Price Prediction
Per Bard, market analysts expect SHIB to trade between $0.0000089 and $0.0000116 by the end of October 2023. The chatbot highlighted four factors that could help SHIB surge to $0.0000116. They include a bullish market, increased whale activity, widespread adoption, and the rollout of new products by the Shiba Inu team.
“Overall, the price of SHIB in October 2023 is likely to be volatile. However, if the coin can maintain its current momentum, it could reach new highs,” Bard added.
SHIB November 2023 Price Outlook
For November 2023, Bard projected SHIB’s average price to be around $0.0000095. It added that some experts expect the 16th-largest cryptocurrency to range between $0.0000092 and $0.0000115.
Per Google’s AI chatbot, SHIB’s November price will be determined by the forces of demand and supply.
“Ultimately, the price of SHIB in November 2023 will depend on the overall demand and supply for the token. If there is more demand than supply, the price will go up. If there is more supply than demand, the price will go down,” the chatbot added.
Bard Projection for SHIB in December 2023
According to Bard, experts project SHIB to reach an average price of $0.00001038 by the year end. On the other hand, some analysts are more bearish in their predictions, as they expect SHIB to plummet to around $0.00000605 by the end of December 2023.
Meanwhile, Bard urged investors to be cautious despite its recent forecasts, as crypto assets are highly volatile. At the time of writing, SHIB was changing hands at $0.00000762, down 22% over the past 30 days.