Gemini, previously known as Google Bard, an AI chatbot developed by Google, has forecasted the potential values of Shiba Inu in the event that Bitcoin reaches lofty price levels of $100k, $150k, or $250k following its halving scheduled for April 2024.
Google’s AI predictions are grounded in the historical trends of altcoins such as Shiba Inu, which tend to correlate with Bitcoin. It is essential to acknowledge that Bitcoin’s dominant position in the cryptocurrency sphere has consistently shaped the broader market trajectory.
For instance, Shiba Inu has recorded notable gains recently amid the Bitcoin-led market rally, reclaiming into the $0.00001 range.
Shiba Inu Price Should Bitcoin Attain $100,000
Google’s Gemini suggests that if BTC reaches a value of $100,000, Shiba Inu could witness a comparable significant surge. It delineates multiple scenarios, each offering potential trajectories for SHIB’s price.
Trading at $0.000009766 presently, Gemini proposes that should Bitcoin reach $100k, Shiba Inu could potentially surge to $0.00003185.
This price target amounts to a 226.13% increase from Shiba Inu’s current price.
In the second scenario, Gemini envisions SHIB potentially reaching $0.00004256. Similarly, this price target implies a three-fold increase from the asset’s current prevailing value.
In the third scenario, the Google-powered AI tool portrays the most optimistic outlook wherein Bitcoin attains $100k.
Specifically, it argued that Shiba Inu could achieve $0.00005564, representing a noteworthy percentage growth of 469.63%.
Shiba Inu Price Should Bitcoin Attain $150,000
In the scenario where Bitcoin achieves a price of $150k following the April 2024 halving, Gemini similarly provides a moderate, conservative, and optimistic price projection for Shiba Inu.
According to the optimistic projection, it anticipates Shiba Inu trading for $0.00013856, reflecting a potential 1318.95% surge.
Meanwhile, in its moderate outlook, Google Bard indicated that Shiba Inu could rise by 335.6% and 469.56% to trade between $0.00004256 and $0.00005564.
Besides, Gemini’s conservative estimate is that Shiba Inu could grow by approximately 226% from the current price level to $0.00003185.
Shiba Inu Price Should Bitcoin Attain $250,000
Crypto industry pundits have projected Bitcoin’s likelihood to hit $250,000 following the April halving, less than nine weeks away. Gemini contends that the SHIB value outlook becomes even more advantageous if this prediction materializes.
In particular, the Google AI chatbot indicated that Shiba Inu might reach $0.00007963 if Bitcoin hits $250,000. Note that this is its less optimistic scenario.
Meanwhile, in a more balanced viewpoint, Google Bard argued Shiba Inu might undergo a notable ascent to achieve a new peak point at $0.00010640.
On the other hand, the optimistic scenario envisions Shiba Inu skyrocketing to $0.00014. This projection reflects an exceptional growth rate surpassing 1334% from Shiba Inu’s current price.
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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