ChatGPT says Shiba Inu price will hit this target by December 31, 2024
The 12th largest cryptocurrency in the world, Shiba Inu (SHIB) started off as a humble meme coin — however, since then, it has stood out through its staying power as well as several technical improvements that could serve to position it as a part of the wider blockchain and DeFi space that actually provides utility. Shibarium, a Layer-2 blockchain, has gone a long way in improving scalability and transaction efficiency. In tandem with this, the project announced the launch of a stablecoin which is to be pegged at $0.01, in a move that could serve to broaden SHIB’s appeal. Over the course of 2024, Shiba Inu has experienced significant volatility. January and February were marked by relatively flat price action, followed by a sudden surge from $0.0000101 to a yearly high of $0.00003629. This 259.30% rally marked the beginning of a downtrend that lasted until September, with prices receding to as little as $0.00001316. ...