Google Bard, an artificial intelligence initiative by Google, has issued price outlooks for Shiba Inu when Bitcoin hits astronomic values following the 2024 halving.
The Google AI predictions are based on the historical pattern of altcoins like Shiba Inu, which correlates with Bitcoin. The forecasts are contingent on various factors, some specific to the SHIB and others associated with the broader crypto market.
The chatbot has taken into account numerous Bitcoin price predictions post-halving, with particular attention given to the ambitious forecasts of $100,000 and $250,000.
Shiba Inu Value Where BTC Clocks $100,000
Google Bard argued that if Bitcoin attains a value of $100k, Shiba Inu could experience a comparable price surge. It outlined multiple scenarios, each presenting potential trajectories for the asset’s price.
Currently trading at $0.00001064, Google Bard suggested that in the event of Bitcoin reaching $100,000, Shiba Inu might escalate to $0.00003185. This reflects an increase of over 200% from its present price.
Meanwhile, in the second scenario, the AI chatbot envisions Shiba Inu could potentially reach $0.00004256, signifying an increase of over 300%.
In the third scenario, Google Bard painted a more bullish picture. It pointed out a dramatic surge in SHIB’s price for every 100% rise in Bitcoin’s value. According to this outlook, Shiba Inu could attain a price of $0.00005564, marking a growth rate exceeding 430%.
SHIB Value Where Bitcoin Clocks $250K
Industry commentators have forecasted Bitcoin’s potential to surge to $250,000 following the next year’s halving. Google Bard asserted that Shiba Inu’s price prospects would become even more promising if the prediction came to fruition.
In the less optimistic scenario, the Google AI tool pointed out that SHIB could reach $0.00007963, assuming Bitcoin reaches $250,000. However, the second outlook suggested that Shiba Inu might experience a remarkable ascent to a new all-time high of $0.00010640.
Meanwhile, the most optimistic scenario envisions a Shiba Inu skyrocketing to $0.00013856. This projection represents an extraordinary growth rate exceeding 1,200% from SHIB’s current price.
Ultimately, it remains to be seen what trajectory Shiba Inu could take following Bitcoin’s pivotal event.
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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