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ChatGPT Predicts Timeline for Shiba Inu Return to All-Time Highs

Okoya David
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ChatGPT Predicts Timeline for Shiba Inu Return to All-Time Highs

OpenAI’s ChatGPT attempts to answer when Shiba Inu price will reclaim the all-time high.

46,000,000%.

That’s how much doggy-themed memecoin Shiba Inu (SHIB) soared in 2021, closing the year at $0.000034 from an opening price of $0.000000000073. It was no doubt among the best-performing assets of the year.

It was also the year the asset hit its all-time high of $0.00008616, representing an even more staggering 118,000,000% increase from its opening price. 

However, fast-forward a lengthy bear market, and a couple of years later, SHIB is now a shadow of itself, trading at $0.0000154, 82% below its all-time high. 

To find out when the memecoin can reclaim its former glory and all-time high, The Crypto Basic went to today’s expert on everything… OpenAI’s ChatGPT. 

The chatbot offered three possible outlooks based on historical price trends, market cycles, and SHIB’s ecosystem developments.

The Conservative Estimate

In a scenario where SHIB does not get another hype-fueled run but experiences growth based on gradual real-world usage, ChatGPT estimates that the memecoin will not reclaim its all-time high till between 2028 and 2030.

In this case, the catalyst will be sustained ecosystem growth and strong adoption of Shibarium, the ecosystem’s Ethereum Layer 2 chain, the large language learning model asserted.

The Moderate Estimate

However, in a strong crypto bull market where Bitcoin surges to trade between $150,000 and $200,000, ChatGPT expects SHIB to reclaim its all-time high between 2025 and 2026, with the memecoin rising alongside altcoins.

Other catalysts cited here are massive burns and, again, Shibarium adoption.

The Optimistic Estimate 

Combining a strong bull market with big speculative hype, massive burns, and substantial buying volume, ChatGPT suggests that SHIB could reach its all-time high by early 2025. 

Admittedly, at the time of writing on Wednesday, February 19, time does not appear to favor this outlook. And perhaps the ghost in the machine agrees?

“The most realistic scenario is 2025-2026, assuming another crypto bull market and increased adoption of SHIB’s ecosystem,” it submitted.

Will this 21st-century crystal ball prove correct? Time will tell.

Expert Says Dogecoin Still Has Window for a 10x Surge: Here’s Why

Elendu Benedict
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A prominent market analyst has seen the recent Dogecoin correction as a buying opportunity, insisting the token has another 10x rally on its path.

Dogecoin did not escape the recent market onslaught, correcting substantially this month. For context, the meme coin is down over 23% in February, taking its year-to-date losses to 20%.

While different bullish and bearish outlooks emerge, prominent analyst XForceGlobal has insisted that Dogecoin will reward patient holders. Recently, he suggested a comprehensive push to unprecedented highs for the meme coin market lead.

More Upsides for Dogecoin?

In a Feb. 18 post, the Korean Elliott Wave-certified analyst highlighted Dogecoin’s potential for a price rebound. He noted that the token may be the only meme coin with the prospect of another fivefold to tenfold rally.

XForceGlobal suggested that DOGE’s historical price actions confirm this narrative. He noted that the meme coin’s cyclical performance provides insight into its wave count validation, giving little room for error.

An accompanying chart suggests that Dogecoin could attain the 5-10x upsurge upon completing the fifth wave in its Elliott Wave structure. Having strictly followed the technical analysis from its first breakout in 2017, the market watcher’s chart highlighted that the prominent meme coin would launch past $9 in the fifth wave.

DOGE Elliott Wave Pattern

Notably, if DOGE hits $9 as predicted by the wave pattern, its market cap will surge to a staggering $1.33 trillion at its current circulating supply of 148.1 billion.

Market Cap Misunderstood: Analyst

Meanwhile, XForceGlobal addressed the market cap issue, a footstool from which market observers present their arguments when analysts make ambitious price calls. The seasoned commentator stated that although an asset’s valuation is not irrelevant, it is “highly misunderstood.”

He noted that market cap is not the primary metric for analyzing an asset’s proficiency; hence, limiting an asset’s growth potential to its market cap does not add up. However, marginal liquidity, actual adoption, liquidity, marginal demand, and token distribution are key indicators that determine an asset’s upward trajectory.

Other Bullish Dogecoin Outlook

Notably, other analyses suggest an imminent Dogecoin price upsurge. For instance, analyst Trader Tardigrade speculated an over 3,310% upsurge to $9, the same price mark XForceGlobal asserted.

Furthermore, “Doge Lord” predicted an extensive rally to $6 once it completes the fifth wave in its Elliott Wave structure. Meanwhile, other analyses suggest prices like $10 and $13.66.

In the meantime, Dogecoin trades at $0.2534, up 1.3% in the past 24 hours.

Cardano Founder: ‘Cardano’s Lead Is So Significant, They Can Never Catch Us’

Okoya David
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0
Cardano Founder: ‘Cardano’s Lead Is So Significant, They Can Never Catch Us’

Cardano founder Charles Hoskinson is making bold claims about the network amid recent strides.

In a live stream on Tuesday, February 18, Hoskinson told followers that the network was now far ahead of the competition.

“Our advantage and lead is so significant, they can never catch us,” he enthused.

The statement follows Cardano’s successful pivot to fully decentralized governance and the community’s recent ratification of its constitution. On Tuesday, the vote to replace the network’s interim constitution passed the 75% threshold.

Specifically, 85.72% of delegated representatives (DReps) voted in favor of the constitutional change, and the entire constitutional committee did the same.

Cardano community votes in favor of constitutional update
Cardano community votes in favor of constitutional update. Source: TapTools

Hoskinson celebrated the milestone, noting that it resulted from a decade-long effort filled with multiple workshops, conventions, and participation from about 1,800 people across 50 countries. According to the network founder, the milestone showed that Cardano was now “a living organism,” highlighting the 800 DReps and 108,000 delegators.

“The core USP of Cardano really is the fact that everybody who holds it has a say in it, sometimes small, sometimes big, but you have a say. This is just not the case with Bitcoin, Ethereum, or all these other ecosystems,” he argued.

Looking forward, the Cardano founder waxed positive, taking time to highlight things like the network’s partnership with BitcoinOS, the Cardano-focused privacy protocol Midnight, and scaling efforts like Leios. Beyond these, he argued that Cardano’s decentralized governance success opened new doors for the project.

“we […] have the largest governance layer now, which means we’re the smartest cryptocurrency ecosystem. We can crowdsource any idea, any strategy, and augment it with AI. My lord! We are unstoppable as an ecosystem. And not only can we crowdsource it, we can also converge to a single, common understanding,” he remarked.

Following the ratification of the Cardano constitution, the network’s governance looks set to shift attention to its roadmap and budget. The community will also vote on new constitution committee members in September 2025 to replace the interim members.

Meanwhile, the price of the native token of the Cardano network does not appear to reflect the community’s excitement. At press time, ADA changes hands around the $0.77 price point, representing a nearly 1% drop over the past 24 hours.

Analyst Predicts XRP to $6 This Month, Says Has the Best-looking Chart Among the Top 10

Sam Wisdom Raphael
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Analyst Predicts XRP to $6 This Month, Says Has the Best-looking Chart Among the Top 10

Polly, a notable market analyst, believes XRP has the best-looking daily chart among the top 10 crypto assets, predicting a new target for this month.

The bullish outlook prevails despite XRP’s ongoing turbulent phase amid broader market uncertainty. For instance, XRP has dropped 7.5% over the past three days. However, analyst EGRAG says this slump was an avenue for XRP to fill its symmetrical triangle formation.

XRP Has Best-looking Chart

As EGRAG argues that the recent price drop is expected, Polly has contended that XRP has one of the most bullish charts in the market. In his analysis, the market watcher called attention to a double-low structure that XRP observed before its previous explosive run to the seven-year top of $3.4 in mid-January.

Particularly, XRP witnessed the first low when it collapsed to a floor price of $1.99 on Dec. 30, 2024, after days of persistent downturn. The asset recovered from this low for a few days but faced another pullback that dragged its price down. However, the second low, which came up on Jan. 8, 2025, was $2.2, much higher than the previous one of $1.99.

XRP 1D Chart Polly
XRP 1D Chart | Polly

After hitting this $2.2 floor price, XRP skyrocketed considerably to the $3.4 value. This marked a 54% increase within a week. Nonetheless, the resistance at this top triggered another series of price declines that has persisted until now.

XRP Looking to Repeat Previous Upsurge

Amid the ongoing bearish phase, Polly’s chart has identified a second double-low pattern. The first of the pair occurred on Feb. 7, involving a drop to $2.26. Meanwhile, the second low recently occurred yesterday, Feb. 18, resulting in a price slump to $2.46. Polly believes XRP is on track to rally again.

The analyst suggested that XRP’s price action makes it seem like a skilled market maker is guiding its movements and could soon let it rise. For his price target, Polly predicts XRP will reach $6 this month, marking a new all-time high. With XRP currently changing hands at $2.55, the asset would need a 135% increase to hit $6.

According to the analyst, once the SEC dismisses the ongoing Ripple lawsuit, which many have suggested could happen soon, a massive “God candle” could send the price soaring, leaving many wishing they had bought earlier.

Interestingly, another analyst Sqeaky Mouse argued today that the next XRP upsurge could actually be larger than the previous one which saw it claim $3.4 last month. 

He cited a longer consolidation this time as the basis for his analysis, noting that the next uptrend would likely begin once XRP bounces off the 30-day EMA ($2.6036). Sqeaky Mouse suggested that the upsurge could push XRP higher than $4.2 once it decisively breaks out from the consolidation.

Bitcoin Pundit Under Fire After Claims XRP Can Freeze Your Money Anytime

Abdulkarim Abdulwahab
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Bitcoin Pundit Under Fire After Claims XRP Can Freeze Your Money Anytime

Renowned Bitcoin advocate Davinci Jeremie has issued a public warning about XRP, claiming that funds in XRP could be frozen at will, putting holders at risk.

According to Jeremie, “Your money is not truly yours with XRP. They can freeze it any time.” He went on to explain his reasoning, stating that XRP is a “banker’s coin,” given its utility in the financial system.

Jeremie claimed that those who are okay with supporting banks that could potentially steal people’s wealth should buy XRP. He argued that doing so means supporting the wealthiest criminals in society.

“If you love your criminal banker, buy XRP,” he said.

As an alternative, Jeremie advocated for investing in Bitcoin. He argued that Bitcoin is people’s money and is not controlled by any central authority. He claimed that, in the future, Bitcoin will be the crypto asset everyone uses, as it offers more freedom.

Jeremie further argued that this possibility exists because the underlying Bitcoin protocol cannot be modified. In contrast, he claimed that XRP developers could alter the token’s supply in the future if they see fit. Moreover, he said “XRP creators” could block holders from making transfers.

Attempting to back up his view, he asked, “Why aren’t countries like Venezuela or Iran using XRP as a means of transaction?” “Because they know they’ll be stopped,” Jeremie claimed.

Jeremie’s latest negative sentiment about XRP has triggered heated reactions within the XRP community. The post has garnered nearly 400K views and thousands of comments.

Clarifying Facts on XRP Freezing

On X, a community note to Jeremie’s post has emerged, debunking some of the sweeping claims he made. 

Specifically, it pointed out that while the XRP Ledger does have a freeze feature, it applies only to issued tokens, not XRP itself, and no one can freeze XRP. References to XRPL documentation backed this clarification.

No one can free XRP
No one can free XRP, per XRPL Docs

Meanwhile, other commentators opposing Jeremie’s claim, such as Moon Lambo, accused him of being a liar, saying his deliberate attempt to twist the facts would trick no one. They warned that, in the end, he stands to lose his credibility.

Jeremie Facing Legal Action?

Prominent pro-crypto attorney Bill Morgan also reacted to Jeremie’s commentary, drawing attention to potential legal implications. 

Specifically, Morgan argued that Jeremie’s statement was deliberately dishonest. He noted that people like Jeremie may eventually be sued by individuals who believe his claims, act on them, and suffer financial losses as a result.

Notably, this latest negative remark comes only weeks after Jeremie told his followers that XRP could reach $24. Meanwhile, he added a cautionary note that he does not XRP for long-term hold.

Shiba Inu Welcomes 358 New Millionaires in One Year Amid 53% SHIB Surge

Albert Brown
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Shiba Inu Welcomes 358 New Millionaires in One Year Amid 53% SHIB Surge

Shiba Inu addresses holding at least $1 million in SHIB rose from 589 to 947 in a year, coinciding with the token’s 53.65% rise.

Shiba Inu has experienced fluctuations in the crypto market, with its price dropping over 27% in the past month. However, the token saw a minor 0.98% increase in the last 24 hours, though it remains 1.47% lower over the past week. 

Meanwhile, data indicates an increase in high-value holders, suggesting notable accumulation among large investors.

Increase in High-Value Shiba Inu Holders

Over the past year, the number of Shiba Inu addresses holding at least $1 million worth of SHIB rose from 589 to 947. This marks an increase of 358 millionaire addresses.

Additionally, addresses holding $10 million or more in SHIB grew from 59 to 69. The rise in these addresses suggests increased whale activity, potentially signaling interest from larger investors or institutional players.

Shiba Inu 2025 Millionaire Addresses
Shiba Inu 2025 Millionaire Addresses

The growth in these high-value holdings may result from either an increase in SHIB accumulation or price appreciation. Specifically, SHIB’s price climbed from $0.000010 in February 2024 to approximately $0.000016 in February 2025, reflecting a 53.65% increase. 

While millionaire addresses peaked at 1,520 in March 2024, when SHIB reached $0.000045, the count later declined but recovered in December 2024 and is now decreasing again. Despite the drop, data confirm that the number of millionaire addresses remains higher than a year ago.

This trend suggests that whale accumulation and price appreciation might both have contributed to the rise in millionaire addresses.

Changing Ownership and Holding Patterns

Elsewhere, ownership distribution trends over the past year confirm notable accumulation by large holders. Long-term holders (1 year or more) increased by 1.29%, reflecting a steady rise since mid-2022. 

Shiba Inu Address Balance by Time Held
Shiba Inu Address Balance by Time Held

Mid-term holders (1-12 months) grew by 11.79%, showing a shift from short-term trading to holding strategies. Meanwhile, short-term traders (less than a month) dropped by 59.05%, indicating a sharp decline in speculative activity.

A separate analysis of historical concentration shows ownership shifts within SHIB’s investor base. Over the past 30 days, whale holdings increased by 0.54%, while mid-tier investors declined by 0.58%.

Shiba Inu Historical Concentration
Shiba Inu Historical Concentration

Retail participation also fell by 0.85%, suggesting a reduced presence of smaller investors in the market. These changes indicate ongoing accumulation among large holders while smaller holders exit positions.

New SHIB Addresses Declining

Despite increased holdings among whales and long-term investors, Shiba Inu’s adoption rate among new addresses has reached a multi-year low. 

Data from IntoTheBlock shows that new address adoption fell sharply to 12.73% on Monday. This metric, which tracks the percentage of transactions initiated by new addresses, has remained between 27% and 48% since January 2025.

Solana (SOL) Crashes to $160: Is a Freefall to $106 Next?

Albert Brown
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Solana (SOL) Crashes to $160: Is a Freefall to $106 Next?

As Solana revisits the $160 level amid rising supply pressure, the bearish sentiment surrounding SOL’s price trend warns of a potential massive crash. Will the downfall push SOL to $106?

Solana is gaining bearish momentum by hitting its 3-month low price at $160. With four consecutive bearish candles in the daily chart, the trendline breakdown rally puts significant pressure on the $160 supply zone.

With a low price rejection and an intraday recovery of nearly 1%, bulls are clinging for a potential bounce back. Will short-term crypto market stability provide Solana an opportunity to reclaim the $200 psychological mark? Let’s find out.

SOL Price Trend Hits 3-Month Low at $160

In the daily chart, the SOL price trend reveals a massive surge in bearish momentum after the bullish failure on January 19, creating an all-time high of $295. Solana failed to sustain the bullish momentum, leading to a quick turnaround from the $260 supply zone.

 

Solana Price Chart
Solana Price Chart

The high-momentum Solana move broke below the long-coming support trendline, significantly increasing the bearish pressure over the $170 demand zone. As the short-term conditions reflect a high possibility of a breakdown rally, the lower price rejection on daily candles hints at a potential bounce back.

Currently, Solana is trading at a market value of $170, with an intraday recovery of nearly 1%. Despite the low price rejection, the technical indicators suggest a bearish continuation.

The contraction of the upper and lower Bollinger Bands indicates decisive bearish momentum. With the current Doji candle, bulls are hoping for a potential morning star pattern to form.

Solana Faces Negative Comments Amid Slow Growth

Solana’s declining social sentiment warns of a massive retracement. According to a recent tweet from Santiment, traders are expressing frustration over the ongoing downfall. 

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Furthermore, 11.9% of crypto discussions are about Solana, the highest since January. With increasing discussions and rising negative sentiment, Solana’s downfall seems imminent.

Whale Actions Suggest Long-Term Confidence

Despite the chances of downfall, a whale remains optimistic and buys the dip in Solana. A newly created wallet acquired 87,328 SOL tokens worth nearly $15 million.

After acquiring the tokens from Binance, the whale remained inactive, reflecting strong confidence in Solana’s long-term potential. While whale accumulation often signals a potential recovery, the ongoing bearish momentum remains a major concern.

Key Supports To Watch as Solana Crashes

Currently, Solana clings to the S1 pivot support level at $168. Based on price action analysis and pivot points, a closing price under $168 will likely result in a massive plunge to $106. 

However, any bullish comeback would likely face resistance near the $200 psychological mark.

On a more optimistic note, the center pivot level at $231 could be the next price target if the uptrend regains momentum.

Cardano Holds $0.75: Is a Triangle Breakout to $1 Next?

Albert Brown
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Cardano Holds $0.75: Is a Triangle Breakout to $1 Next?

With Cardano (ADA) price trend regaining momentum, bullish forces are plotting a potential breakout rally to reclaim the $1 psychological mark.

As Bitcoin bounces back to nearly the $96,000 level after a brief dip to the $93,000 mark, Cardano maintains an overall bullish trend. Trapped within a triangle pattern, the short-term recovery in ADA’s price trend hints at increased breakout potential.

As the broader market anticipates an altcoin season in 2025, Cardano is likely to experience a breakout rally. Will this triangle breakout push ADA to reclaim the $1 psychological mark? Let’s find out.

Cardano Analysis: Recovery Within Triangle Eyes Breakout Rally

In the 4-hour price chart, Cardano reveals a long-coming resistance trend line. Under the influence of the resistance trendline, the short-term trend in ADA remains significantly bearish.

Cardano Price Chart
Cardano Price Chart

The newfound support near the $0.66 horizontal level has resulted in a bullish reversal. Meanwhile, this price action forms a symmetrical triangle pattern on the 4-hour chart.

Currently, the lower price rejection from the local support trendline in Cardano suggests a bullish reversal within the pattern. The ADA’s price trend reversal shows bullish dominance at the 0.236 Fibonacci level, near the $0.75 psychological mark.

Cardano is trading at a market price of $0.7642, registering an intraday gain of 1.38%. This marks a significant recovery after a 6.82% drop last night.

With the bullish recovery, the MACD and signal lines indicate a potential bullish crossover as the bearish histograms decline. Furthermore, the True Strength Index (TSI) is nearing the oversold region, reflecting a potential bullish comeback.

Thus, the technical indicators and short-term recovery suggest a potential breakout for Cardano.

Crucial Resistance at $1: Can ADA Sustain the Rally?

Based on Fibonacci levels, a bullish breakout will likely challenge the overhead resistance near the 0.786 Fibonacci level. This crucial resistance lies slightly above the $1 psychological mark at $1.0135.

On the flip side, a bearish breakdown below the local support trendline could lead to a significant drop in Cardano’s price. This decline might retest the $0.66 support level or even plunge to $0.55 in an extreme scenario.

Ethereum Analysis: ETH Price Aims for Breakout to $3,000

Albert Brown
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Ethereum Analysis: ETH Price Aims for Breakout to $3,000

As the price of Ethereum holds the $2,600 ground level, the intraday recovery aims for a breakout rally to challenge the overhead trendline at $3,000. 

With the total crypto market cap falling 1.14% last night, the liquidations in the market rose to $282 million in the last 24 hours. Amid the increased liquidations, Ethereum managed to prolong its short-term consolidation.

With a lower price rejection near $2,600, Ethereum regains bullish momentum. Currently, the ETH token trades at a market price of $2,710 with an intraday recovery of 1.05%.

Will this recovery break past the overhead ceiling at $2,750? Let’s find out.

Institutional Inflows Fuel Ethereum Bullish Momentum

Institutional support for Ethereum continued on February 18, aiding the bullish recovery. The daily total net inflow of the U.S. Ethereum spot ETFs recorded $4.60 million. Fidelity was the single purchaser of the nine ETFs, acquiring $4.60 million, driving its cumulative net inflow to $1.52 billion.

On-Chain Metrics Signal Shifting ETH Market Sentiment

Amid the increased institutional support, a recent tweet from Santiment boosts the long-term optimism for Ethereum. It highlighted that the average fee for Ethereum transfers dropped to $0.41.Compared to a two-year high of $15.21, this marks a significant decline in the average transfer fee.

While this decline may lead traders to adopt a more bearish outlook on Ethereum in the short term, the reduced costs encourage new buyers to enter the market, as the network is not overly congested.

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Ethereum Eyes an Ascending Triangle Breakout

In addition to the on-chain indicator, crypto enthusiast Ted Pillows has pointed out a strong trend in Ethereum. An ascending triangle pattern on the two-week price chart indicates that a strong support trendline is holding Ethereum’s price trend.

With the recent reversal from the local support trendline, Ethereum is now aiming to challenge the global ceiling at $3,971.

Therefore, Ethereum will likely revisit the $4,000 mark, increasing the chance of a breakout rally if the altcoin season takes off.

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Crucial Resistance and Support Zones Defining ETH Next Move

As per our last Ethereum price analysis, the consolidation pattern remains intact, and the $2,750 supply zone continues to act as immediate resistance. A bullish breakout above this level is likely to challenge the overhead trendline near the $3,000 psychological mark.

On the other hand, a closing price below $2,600 will likely test the local immediate support level of around $2,400.

BITSTAMP:ETHUSD Chart Image by Trojan69420
ETH 1D chart

“Cardano is Now a Government,” Founder Hoskinson Declares as New Constitution Secures 85% Vote in Favor

Abdulkarim Abdulwahab
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0
“Cardano is Now a Government,” Founder Hoskinson Declares as New Constitution Secures 85% Vote in Favor

Cardano has reached a significant milestone in its journey toward decentralized governance. 

In a video broadcast on Tuesday, founder Charles Hoskinson shared the exciting news that the Cardano Constitution has officially replaced the interim version. This feat followed a successful ratification vote. 

With an impressive 85% approval, the Cardano community overwhelmingly endorsed the new Constitution. Only 6.62% opposed, and about 7.68% abstained from voting. This marks a resounding endorsement of the foundational document.

Given the weight of this achievement, Hoskinson took to a live video to congratulate the entire Cardano community:

“This is a special broadcast I’m very proud to make. Allow me to be one of the first to congratulate the entire Cardano ecosystem for reaching the ratification threshold for the Constitution.”

How Cardano Constitution Attained Unanimous Support 

Hoskinson highlighted that the Constitution took over two years to craft. It results from countless workshops, debates, and contributions from over 1,800 participants across 50 countries. 

“There were times of uncertainty, and many thought we couldn’t do it, but we proved them wrong,” he said.

Ultimately, the unanimous support from the Constitutional Committee members surpassed the required 67% threshold. According to Hoskinson, this achievement symbolizes the decentralized power of the Cardano ecosystem.

He went on to liken this success to the U.S. government, asking, “When was the last time the U.S. Constitution was amended?” adding, “I believe it was the early 90s.”

Hoskinson argued that passing a Constitutional Amendment at the federal level would be nearly impossible in today’s political environment. “But we did it here, across the world,” he proudly revealed.

The Future of Cardano Governance

With the ratification of its Constitution, Cardano’s decentralization is now under a governance framework that reflects the values of its global community.

The ecosystem includes over 800 decentralized stakeholders and more than 108,000 delegators actively participating in governance. Hoskinson emphasized that Cardano is now “unstoppable” and operates without a central point of failure.

Moving forward, Hoskinson revealed that Cardano will now focus on ratifying its product roadmap and budget. Additionally, the interim Constitutional Committee members will be replaced. They will hold elections later this year, as their terms expire in September.

“From now on, Cardano will be governed by elected officials, which means Cardano is now a government,” Hoskinson stated.

As Cardano continues to expand, Hoskinson stressed that the Constitution is not a static document. Instead, it will evolve to incorporate the community’s grievances, suggestions, and improvements. This ensures that Cardano will continue to grow in response to the needs of its users.

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