ChatGPT gives Shiba Inu price prediction for 2023-2030, plus two other meme coin forecasts
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Shiba Inu (SHIB) remains the world’s second-largest crypto, with backers all over the world.
However, it’s been a challenging year for SHIB holders, and the token’s value has dropped 8% since January 1.
In this article, we explore ChatGPT's price prediction for Shiba Inu over the long term before highlighting two alternative meme coins the model believes could have clearer price prospects.
Shiba Inu price looks for a revival after disappointing 2023
SHIB is currently hovering around the $0.00000073 level, following a period of muted momentum and bearish sentiment.
The token has dropped 35% from August's high, with many holders opting to cash in on the hype surrounding Shibarium's long-awaited launch.
Although SHIB rejected the support zone around $0.00000070, which also propped up the price back in June, it hasn't had the bounce-back many had hoped for.
Instead, discussion on social media platforms suggests that investors are waiting for a clearer sign of direction before making any major moves.
Fortunately for these investors, the broader crypto market appears to be picking up, with the Crypto Fear & Greed Index now sitting at 47 – a significant bump from last month.
Additionally, the US Federal Reserve opted to keep interest rates as they were this week rather than implement another rate hike, which many had feared would dampen the appeal of risky asset classes like cryptocurrency.
ChatGPT believes SHIB is primed for major upside over the long-term
When asked about Shiba Inu’s price prospects, ChatGPT believes the token will see muted price action in the short term, with the token likely to continue trading sideways for the remainder of 2023.
However, ChatGPT believes that further adoption of Shibarium could provide a slight boost before the end of the year, pushing SHIB to the $0.0000079 level.
Looking further ahead, ChatGPT estimates SHIB could reach $0.000015 in 2025 if Shibarium manages to capture a significant portion of the decentralized finance (DeFi) market.
Interestingly, the most bullish price prediction comes at the end of the decade, with ChatGPT speculating that SHIB could trade as high as $0.00004 by 2030.
Should this prediction prove accurate, it would represent a 442% increase from today’s price.
Which other Meme coins is ChatGPT bullish on?
While SHIB remains in the spotlight, ChatGPT also sees potential in other meme-based cryptocurrencies over the long run.
Specifically, the AI model has highlighted Wall Street Memes and Pepe as two coins that could gain traction in the coming months.
Hot new Meme coin Wall Street Memes poised for post-listing surge, according to ChatGPT
Wall Street Memes (WSM) is a trending meme coin inspired by the WallStreetBets movement that shook the stock market in 2021.
The coin's creators look to capitalize on the hype and community surrounding internet memes and finance through WSM – a brand-new ERC-20 token currently in presale.
This presale has raised over $25 million in funding from early investors and is now in its final stage, with WSM tokens on offer for $0.0337.
Once this stage concludes, WSM will be listed on several high-profile exchanges, with these listings scheduled for September 27.
Hype is building around these listings, given that WSM is ranked first on CoinSniper’s list of the top upcoming exchange listings.
Additionally, WSM is ranked second on ICOBench – another widely used platform for evaluating new coin offerings.
This recognition has caught the eye of many crypto enthusiasts, leading to heightened speculation about the token’s potential within the official Wall Street Memes Telegram channel.
ChatGPT sees potential for Wall Street Memes to ride this hype wave and produce sizable gains, speculating that WSM could surge to around $0.18 by the end of 2023.
Looking ahead to 2025, ChatGPT estimates that WSM could reach $0.80 if the team executes its roadmap well and continues to capture a share of the meme coin market.
Finally, ChatGPT speculates that WSM could trade as high as $4.00 by 2030 if it establishes itself as a dominant meme coin – representing a huge 11,769% increase from the current presale rate.
Visit Wall Street Memes Presale
ChatGPT believes PEPE is primed for a comeback before the end of 2023
Another meme coin that ChatGPT is optimistic about is Pepe (PEPE) – one of 2023’s breakout stars.
PEPE soared over 10,000% in April and May, producing exponential returns for those bold enough to invest early.
However, the hype around PEPE was short-lived, and the coin has shed most of its gains since then.
Interestingly, despite the rollercoaster ride, PEPE has managed to maintain a loyal community of supporters.
These supporters see the potential for genuine utility with PEPE – something the coin still lacks.
ChatGPT is also still optimistic about PEPE’s future, speculating that the token still has the potential to surge to $0.0000012 by the end of 2023.
The AI model speculates that the price may continue growing in 2025, estimating that PEPE could trade around $0.000005 if community engagement remains strong.
Finally, ChatGPT's forecast for 2030 sees PEPE reaching $0.00002 if it maintains its relevance and adds further use cases – an increase of 3,089% from today's price.
This is a sponsored post. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by the external author of the post. You should be aware of all the risks associated with trading. Cryptocurrency presales can be very risky investments as the assets have yet to be proven in the market. Some or all the tokens mentioned in the articles may be devalued or subject to scams, and investors may lose all capital as most of these assets lack proper due diligence. FXStreet is not responsible for any losses incurred from investments in crypto presales.
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