Shibarium, Shiba Inu (SHIB) has struggled to gain momentum despite the launch of its much-anticipated Layer-2 network. Now, ChatGPT, a popular AI (artificial intelligence) chatbot, has made some predictions about the price of the popular dog-themed crypto.
Although OpenAI’s ChatGPT didn’t provide any details on the actual numbers, it did say a few things that might help its price. The AI chatbot said several factors such as wide adoption and utility across various applications and ecosystems could help the rally. According to ChatGPT, Shiba Inu (SHIB) may see a higher price in 2024. Moreover, the popular memecoin could reach an all-time high next year.
By 2032, ChatGPT predicts the project will mature and consolidate its position. However, he did not give a specific price estimate.
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Furthermore, by 2050, ChatGPT noted that the price of SHIB could increase significantly. However, this can only be achieved, Chatbot says, if the project continues to thrive and achieve widespread adoption.
Will the Shiba Inu be widely adopted in the next few years?
Adoption is one of the primary factors in increasing property values. This was also brought to light by SHIB lead developer Shitoshi Kusama. Kusama said that burning alone will not help increase the value of SHIB. Adoption is necessary to increase the value of the property.
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Shiba Inu (SHIB) recently released its Layer-2 network, which aims to bring more use cases to the project. The new blockchain will allow developers to build applications and tools on the network, which can help drive adoption. Many expect the development of the project to increase over the next few years. If SHIB is able to continue its campaign, we will see SHIB’s utility and adoption, and thereby its price, gradually increase.
At press time, SHIB was trading at $0.00000775, up 2.3% in the last 24 hours.