Shiba Inu (SHIB) price predictions by the latest pro AI models
Based on
OpenAI
Grok
Gemini
Perplexity
Last updated: 1 day ago
Shiba Inu (shib)
Latest price
$0.00001 USD
Market cap: $7,193,608,361
Shiba Inu investment calculator
LLM Price Predictions
AVG Price Estimates Amongst LLMs
7d
$0.00001
+2.39%
30d
$0.00001
+6.49%
1y
$0.00002
+22.87%
5y
$0.00002
+63.82%
Basis and evidence for SHIB price estimates
OpenAI says:
- Shiba Inu's current price of $0.000012208153515571871 reflects a slight decrease of 0.0659% from the previous close, indicating short-term stability.
- The recent launch of Shibarium, Shiba Inu's Layer-2 solution, has enhanced transaction efficiency and contributed to SHIB token burning, potentially increasing scarcity and value.
- In June 2024, over 918 million SHIB tokens were burned, with significant contributions from users, highlighting the community's dedication to reducing SHIB supply.
- The passing of Kabosu, the Shiba Inu behind the Dogecoin meme, in May 2024, may have influenced market sentiment and interest in Shiba Inu-themed cryptocurrencies.
- Shiba Inu's sponsorship of Canada's largest Web3 event and the launch of ShibaSwap on Shibarium in May 2024 demonstrate the project's commitment to innovation and market presence.
- The Shiba Inu community's strategic burns, including a 161,540% increase in December 2023, signal a bullish move for the cryptocurrency's ecosystem.
- The introduction of Shibarium's native burn mechanism in March 2024 aims to further reduce SHIB supply, potentially increasing its value over time.
- Shiba Inu's partnership with Zama.ai in June 2024 to enhance privacy and security sets new industry standards in cryptocurrency and traditional finance.
- The Shiba Inu team's launch of a decentralized exchange and other ecosystem developments indicate a move towards greater utility and adoption.
- The Shiba Inu community's efforts to reduce token supply through burning mechanisms and strategic partnerships may positively impact SHIB's price trajectory in the long term.
Grok says:
No basis provided for Grok.