Months before the Bitcoin (BTC) halving, speculation on the price of Shiba Inu (SHIB) is increasing, and ChatGPT and Google Bard have shared interesting insights.
The crypto ecosystem is interconnected as most digital currencies have a close correlation with Bitcoin.
The upcoming halving event will likely impact multiple altcoins. Since the fundamental forecast for BTC is to see an increase in valuation over time, the same could also be true for Shiba Inu.
Crypto Basic asked artificial intelligence (AI) chatbots ChatGPT and Google Bard about Shiba Inu's possible valuation if Bitcoin rises above $150,000.
ChatGPT and Google Bard forecast for Shiba Inu post halving
The underlining prediction from ChatGPT and Google Bard is that Shiba Inu will see better days as Bitcoin rises to $150,000 after the upcoming halving.
For ChatGPT, Shiba Inu could trade in the price range of $0.00005 to $0.00008 if the bullish Bitcoin scenario materializes. The chatbot confirmed that there will be increased market momentum by then to help SHIB rise to this multi-month price level.
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Google Bard was more detailed in its Shiba Inu price prediction, giving conservative, moderate and bullish targets for the token.
For the conservative forecast, Google Bard predicted that Shiba Inu will grow by about 200-300% from current price levels to $0.00003185 and $0.00004256.
For the moderate forecast, the chatbot noted that SHIB could rise by 400% to 500% to trade between $0.00004256 and $0.00005564. According to the bullish forecast, Google Bard expects SHIB to trade for $0.00013856, with a potential increase of 1,200%.
Investors are ready
While the profiled AI chatbots issued disclaimers to highlight the speculative nature of cryptocurrencies, some major investors in the industry are already preparing their portfolios to benefit from the upcoming bullish cycles.
“Rich Dad Poor Dad” author Robert Kiyosaki is confident in his optimistic view of the future of Bitcoin BTC will soon reach the $150,000 mark, and he plans to buy more of the asset.
This bullish prediction for Bitcoin is not uncommon, as Tom Lee, managing partner of Fundstrat Global Advisors, says Shares a similar price target for the coin over the next 12 months.
At the time of writing, Bitcoin was changing hands for $41,179.59, down 3.89% in 24 hours. At the same time, the market capitalization is also in the red pinned at $807,161,935,999. Meanwhile, Shiba Inu is currently trading for $0.00000925, down 2.75% in the last 24 hours.
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Disclaimer: This content is for informational purposes and should not be considered financial advice. The views expressed in this article may contain the personal opinion of the author and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions. The Crypto Basic assumes no liability for any financial losses.
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