Shiba Inu has been a hot topic in the cryptocurrency market,
with investors debating whether the asset can hit $0.001. Google Bard and
Microsoft AI have provided their insights on the matter, and here's what they
have to say:
Google Bard AI
Google's Bard AI says that for Shiba Inu to reach $0.001, the
asset would need to attain a market cap of $5.89 trillion. “This is more than
the combined market cap of all cryptocurrencies in existence today,” Bard noted.
This response aligns with the widely-held belief that the extensive supply of
Shiba Inu needs to be reduced for the asset to witness significant price
surges. With a circulating supply of 574 trillion tokens, SHIB would attain a
market cap of $5.89 trillion at the $0.001 price target. However, such a
scenario is highly improbable, emphasizing the necessity for a decrease in
supply.
Microsoft AI
Microsoft AI has not provided any specific insights on
whether Shiba Inu can reach $0.001. However, the AI has been used to predict
the prices of other cryptocurrencies, including Bitcoin (BTC). The results have
been mixed, with some predictions being accurate and others being off the mark.
Therefore, it's difficult to say whether Microsoft AI's predictions on Shiba
Inu's price would be accurate.
Factors that Could Help Shiba Inu Reach $0.001
While the AI predictions are not very optimistic, there are
some factors that could help Shiba Inu reach $0.001:
- Increased demand: If the demand for Shiba Inu increases significantly, it could drive up the price of the asset and help it reach $0.001.
- Decreased supply: As mentioned earlier, the extensive supply of Shiba Inu needs to be reduced for the asset to witness significant price surges. If the supply is reduced, it could help the asset reach $0.001.
- Positive news: Positive news about Shiba Inu, such as new partnerships or listings on major exchanges, could help increase demand for the asset and drive up its price.
Conclusion
While the AI predictions are not very optimistic, it's
important to note that they are not always accurate. There are some factors
that could help Shiba Inu reach $0.001, such as increased demand, decreased
supply, and positive news. However, it's important to do your own research and
make informed decisions when investing in cryptocurrencies. The cryptocurrency
market is highly volatile and unpredictable, and it's important to be cautious
when investing.
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