AI chatbots Google Bard and ChatGPT have discussed the potential for Shiba Inu to make more millionaires out of investors if it clinches ambitious price targets such as $0.0004 and $0.004.
Shiba Inu (SHIB) has finally reclaimed the $0.000009 price territory as the crypto market records a recovery amid renewed investor interest. The crypto asset now trades for $0.00000919, with an aim to hold firm above the $0.000009 psychological threshold.
Despite the market uncertainty, market watchers remain optimistic about SHIB’s potential to make millionaires out of investors. This optimism has its roots in Shiba Inu’s previous meteoric surge in 2021, which saw the asset flip from a $12 investment to $1 million.
For Shiba Inu to replicate this feat, it would need to rally by massive margins, with some of the projected price targets regarded as purely ambitious. However, this wave of pessimism among some market analysts has not impacted investor confidence.
Some of these seemingly ambitious price projections are price targets such as $0.0004 and $0.004. At SHIB’s value of $0.00000919, the asset would need to rally 4,252% to claim $0.0004 and 43,425% to clinch the $0.004 threshold.
Can Shiba Inu Make Millionaires with Rallies to $0.0004 and $0.004?
However, investors looking to become millionaires like early SHIB adopters would need to do more than just speculate, as substantial investments are a prerequisite. We asked AI chatbots ChatGPT and Google Bard if a surge in these prices would make more SHIB millionaires.
Google Bard’s response assumed a $100 investment, noting that this would not be sufficient to hit $1 million. The AI chatbot estimated the surge to $0.0004 to require a 43x price increase. Should SHIB reach $0.0004, a $100 investment would only yield $4,300.
Moreover, a rally to $0.004 would necessitate a 430x jump. If an investor purchased $100 worth of SHIB, such a jump would lead to an appreciation of $43,000, still way below the $1 million mark.
Nonetheless, ChatGPT assumed a more substantial initial investment of $1,000. The chatbot noted that a rise to $0.0004 would increase this investment to $43,000, while a rally to $0.004 would see the investment surge to $435,000. These values are still below $1 million.
Notably, for an investor to hit $1 million if SHIB clinches $0.0004, they would need to invest $22,975 today. To reach the $1 million mark, should Shiba Inu claim $0.004, the investor must commit $2,297 at current prices.
However, these projections should not serve as investment advice, as there is no guarantee that SHIB would hit any of these targets.
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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