Shiba

2024

Shiba Inu

Donald Trump

<div class="finbold">
 <p class="paragraph">The recent <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> push in the cryptocurrency sector has been particularly bullish for Shiba Inu (SHIB), which has managed to climb to 10th place in terms of market capitalization but has recently started to consolidate. Still, artificial intelligence (AI) algorithms remain optimistic.</p>
 <p class="paragraph">As it happens, despite falling by nearly 18% in the past week, Shiba Inu has raced over 210% since the beginning of 2024, and advanced AI and machine learning <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> forecasting algorithms see even more intense gains toward the year’s end, setting its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> at <strong>$0.00006656</strong> on December 31, 2024.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="342" src="https://cdn.thebittimes.com/images/2024/03/12/0dd06c7da7d64a242663915bd2ad270f.webp" alt class="wp-image-160391" srcset="https://cdn.thebittimes.com/images/2024/03/12/0dd06c7da7d64a242663915bd2ad270f.webp 1024w, https://cdn.thebittimes.com/images/2024/03/12/0dd06c7da7d64a242663915bd2ad270f.webp 300w, https://cdn.thebittimes.com/images/2024/03/12/0dd06c7da7d64a242663915bd2ad270f.webp 768w, https://cdn.thebittimes.com/images/2024/03/12/0dd06c7da7d64a242663915bd2ad270f.webp 1444w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>SHIB 1-year price prediction. Source: CoinCodex</em>
  </figcaption>
 </figure>
 <p class="paragraph">Specifically, if these projections, which rely on the historical SHIB price trends, technical analysis (TA) indicators, and various chart patterns, actually materialize, they would suggest a price increase of 106.32% compared to Shiba Inu’s current price on March 12.</p>
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   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <h2 class="wp-block-heading" id="h-generative-ai-predictions">Generative AI predictions</h2>
 <p class="paragraph">At the same time, the fourth iteration of the OpenAI invention ChatGPT, called GPT-4, has suggested a possible <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> range for Shiba Inu by the end of 2024 <strong>between $0.00001 and slightly below $0.000025</strong>, encapsulating the predictive analytics and expert opinions, “reflecting a cautious yet hopeful outlook.”</p>
 <p class="paragraph">According to GPT-4:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Such predictions underscore the inherent unpredictability of cryptocurrency value fluctuations, influenced by market sentiment, investor behavior, and external economic factors.”</p>
 </blockquote>
 <p class="paragraph">On the other hand, Claude 3 Opus, the latest model by Anthropic, sees the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of SHIB <strong>between $0.00002026 and $0.0000441</strong> by the end of 2024, which is a bit more optimistic than its OpenAI counterpart but still well below the dog-themed meme coin’s all-time high (ATH) of $0.00008616 from October 28, 2021.</p>
 <p class="paragraph">In terms of longer-term prognoses:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“However, some experts believe that SHIB could reach as high as $0.000165 by 2030, although this may not be an easy move and largely depends on the hype surrounding the cryptocurrency.”</p>
 </blockquote>
 <h2 class="wp-block-heading" id="h-shiba-inu-price-analysis">Shiba Inu price analysis</h2>
 <p class="paragraph">At press time, Shiba Inu was changing hands at the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.00003226, reflecting a 5.96% drop on its daily chart, as well as declining 18.23% across the past week but nonetheless hanging onto the advance of 239.12% over the past month, as per the most recent data.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="750" height="536" src="https://cdn.thebittimes.com/images/2024/03/12/681aeddcddb37b9695ce2624cf1b3e33.webp" alt class="wp-image-160390" srcset="https://cdn.thebittimes.com/images/2024/03/12/681aeddcddb37b9695ce2624cf1b3e33.webp 750w, https://cdn.thebittimes.com/images/2024/03/12/681aeddcddb37b9695ce2624cf1b3e33.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
  <figcaption class="wp-element-caption"><em>Shiba Inu 30-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">Ultimately, SHIB might end up at the price level predicted by any of the above AI platforms. However, predicting the price of any asset with precision is extremely challenging, which is why doing one’s own research is important before investing a significant sum of money in it.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.&nbsp;</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ai-predicts-shib-price-for-end-of-2024-tbt82310.html">https://thebittimes.com/ai-predicts-shib-price-for-end-of-2024-tbt82310.html</a></p>

AI predicts SHIB price for end of 2024

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