What Does Bard’s AI Project for the Future Price of Shiba Inu (SHIB)?
Artificial intelligence (AI) chatbot Bard, developed by Google, has opined that it is highly unlikely that the price of meme coin Shiba Inu (SHIB) will reach $1 due to the vast market capitalisation of above $589tn that would be required to achieve this. Bard also noted that SHIB’s total supply of one billion tokens and lack of use made it a risky investment. However, Bard did suggest that if cryptocurrency becomes more widely adopted as a means of payment or if SHIB’s supply is reduced, the price may increase. When asked for its SHIB price prediction for the end of 2023, Bard replied that it was impossible to say but the price could reach $0.000011, representing a 60% increase from the current price of $0.00000869. The price of SHIB has fallen by more than 90% from all-time highs but is up almost 7% this year and has a current market capitalisation of $5.1bn, ranking it 16th globally among cryptocurrencies.
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