ChatGPT Shiba Inu Price Prediction Ai Doge Expected to Hit 500% More Gains than SHIB in 2023

The important thing though is to find a project that actually uses AI technology in a way that benefits the token rather than just a flashy selling point with no substance. So, of course, a market as innovative as the crypto one has been very interested in ChatGPT and how it might be able to be used to predict trends in the market before others can and therefore give investors an edge. We have been testing out ChatGPT and trying to figure out how it may come in useful for crypto investors. Shibarium is designed to be an ultimate game changer that will place Shiba Inu in the spotlight as a smart contract hub. The token is going to benefit from this push in the long term as massive accumulations are already taking place.

Shiba Inu has adopted a bearish trend that mirrors the general cryptocurrency market’s current direction. As a result, crypto traders and investors are employing an array of tools, including artificial intelligence -based solutions, to predict the near-term value of this canine-inspired digital asset. Staking is an important foundation block of the project and another contributor to our opinion AiDoge will leave other meme coins in its dust as it pumps 500%. Those who stake will earn daily credits that are proportional to how much they staked, have more voting power, and even get access to premium content.

It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe. So, in regards to Shiba Inu as we can see from the chart above the price has been typically unpredictable over the last month. This is unfortunate as the mem coin has been making such positive strides to its ecosystem like the launch of Shibarium and its Metaverse development. There is no indication from the analytics platform whether or not these addresses are linked to the Shiba Inu team. SHIB gets support from podcaster David Gokhshtein as a long-term investment. DOGE price was on the descent together with Bitcoin and other major pairs on Wednesday.

SHIB price analysis

Crypto token unlocks are lined up in May, with Galxe , dYdX , Aptos and BitDAO unlocking their tokens between May 5 and 15. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. Has emerged as an alternative investment proposition for those seeking long-term price growth.

SHIB has a total supply of 1 quadrillion tokens, which is significantly larger than most other cryptocurrencies. As of writing, SHIB is ranked 15th on CoinMarketCap with a market cap of over $5.9 billion. This volatility is nothing new for SHIB holders, given the token’s “meme coin” characteristics. However, volatility has increased markedly since Elon Musk changed the Twitter logo to the Dogecoin icon. Shiba Inu is currently seeing massive and parabolic growth in its burn rate as this metric jumped by 30,940% at the time of writing, per data from Shibburn.

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Now if the whales continue to remain bullish, this recovery is possible as they would keep buying out the supply, sustaining demand. But when more positions become profitable, these cohorts kshib price could sell for profit as well, which could result in a potential decline. Contact the source provider Comtex at You can also contact MarketWatch Customer Service via our Customer Center.

What we learned is that the new meme coin AiDoge will pump much more than the SHIB due to its unique properties. The question on everyone’s mind is, will RenQ Finance’s market cap overtake Shiba Inu’s? In this article, we will explore both projects and provide reasons why RenQ Finance has the potential to be the winner. The mounting regulatory pressures on crypto exchange Coinbase resulted in a termination of its Bitcoin loan service, Borrow. The exchange used to offer millions in loans against a Bitcoin collateral to users in several US states, prior to its termination. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.

Shiba Inu is also benefiting from the growing influence and the positive sentiment surrounding Shibarium. The Layer 2 protocol has continued to print new milestones, including growth in the number of users on its Puppynet testnet. Shiba Inu price sees trading conditions falling in its favor as two elements at work will see SHIB popping higher. Crypto podcaster David Gokhshtein came out with a tweet saying “Looking at the data, people have been swapping their SHIB positions into PEPE. The comment came after on-chain analytics revealed a vast amount of swapping into PEPE under fear of missing out. Bitcoin price shows no signs of bullish momentum as it hovers below a critical psychological level.

As of writing, RenQ Finance is in its Presale 8 with the price of 1 RENQ equaling $0.055 USDT. The next stage price is expected to increase to $0.070 USDT, representing a 27.27% increase. At the current https://cryptolisting.org/ price level, SHIB is still down by more than 4% for the week; however, the current positive metrics in the SHIB burn rate can ultimately help refuel the growth in the price of SHIB in the near term.

Market Overview

The testing phase for this Layer-2 scaling solution, “Puppynet,” was launched in March to great acclaim from network users. According to on-chain data, over 100,000 wallet addresses used the test network within the first week of its launch. It’s been an up-and-down month for Shiba Inu holders, with the token’s price rising in the first half of April before pulling back in the following weeks. The prediction for SHIB’s future value is being made as the Shibarium bridge undergoes beta testing and is only partially operational.

Put simply, AiDoge is an Ethereum-based platform that combines exciting artificial intelligence elements with a meme coin aesthetic – all while offering a truly unique use case. Moreover, Shiba Inu’s liquidity remains high on all major centralized exchanges , including Binance and Coinbase, which signals that crypto investors are still actively trading SHIB. For instance, Shibarium’s adoption is expected to soar following the addition of a Plasma Bridge technology that uses side chains to enhance transaction speed and cost-effectiveness. The decentralized Proof-of-Stake validators ensure asset security, while the bi-directional Shibarium bridge offers a risk-free transfer of tokens between Ethereum and Shibarium networks. As with other digital assets, Shiba Inu’s value is influenced by a range of factors, including ongoing Shibarium developments, market sentiment, regulatory developments, and macroeconomic conditions.

Despite this, SHIB has managed to maintain its position among the top 15 cryptocurrencies by market cap, thanks in part to ongoing developments in the SHIB network. However, it is important to note that the cryptocurrency market is highly volatile, and many factors can influence the price and market cap of a particular token. Investors who participate in the current presale stage stand to benefit from the potential for growth and high returns. RenQ Finance has already demonstrated its potential as a top-performing DeFi platform, and its focus on security, transparency, and innovation has attracted a growing number of investors and users. Shiba Inu is a meme-based cryptocurrency that was created as a parody of Dogecoin. It was launched in August 2020 and quickly gained popularity due to its low price and the hype surrounding the meme coin trend.

Please refer to our Terms of Service and Risk & Compliance Disclosure for further information. Lastly, any users familiar with our content know that if we think a meme coin can pump in price it needs to have a strong ability to go viral. AiDoge has a cute mascot and the site has really cool illustrations so that’s a start but it’s the platform itself that really makes its vitality top-notch. Just imagine how often the best memes will be shared on other social media sites.

Upon full release, the bridge is expected to improve Layer 2 utility significantly. How to Complete Identity Verification Identity Verification or Know Your Customer standards are designed to protect your account against fraud, corruption, money laundering, and terrorist financing. Binance requires users to complete Identity Verification to increase their account security. The total dollar value of all transactions for this asset over the past 24 hours. Analytics Insight® is an influential platform dedicated to insights, trends, and opinion from the world of data-driven technologies.

• Per CoinMarketCap, the token’s 24H trading volume is still hovering around the $100 million region.
• In addition, AiDoge will have a “public wall” that allows users to upvote other user-created memes they like.
• To check Kaiken Shiba’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
• An even more worrying factor for SHIB holders is that price appears to be forming a small bear flag on the 4H timeframe.
• RenQ Finance’s native token, RENQ, is used to power the platform and incentivize users to participate in governance and yield farming activities.
• Shiba Inu price continued its lackluster streak of red candlesticks followed by minimal recovery as the altcoin witnessed virtually no change on May 2.

According to this data, a total of 2,254,093,318 SHIB tokens were sent to dead wallets overnight, a response from the parabolic growth in the total transactions being experienced within the Shiba Inu ecosystem. Conversely, a smaller portion of the panel (3%) holds a pessimistic view, predicting a negative impact on SHIB’s price due to various factors such as technical issues or market sentiment. To gain insight into the future outlook for SHIB, Finbold retrieved the survey of 55 fintech and crypto experts, who provided their predictions for the token’s price in 2025. While SHIB enjoyed a promising start to the year, it has experienced volatility in recent times.

About KSHIB

The token has a high propensity for volatility and, as such, can pick up on this positive metric to chart its new growth course. Shiba Inu price continued its lackluster streak of red candlesticks followed by minimal recovery as the altcoin witnessed virtually no change on May 2. While the on-chain conditions of the meme coin scream bearish at the moment, SHIB whales’ actions suggest the contrary. For example, users could create a meme immediately after a topical event, which can then be uploaded to social media. Given that the most popular memes are often those that are uploaded first, AiDoge’s flagship feature could be highly beneficial. Market cap is calculated by multiplying the asset’s circulating supply with its current price.

VOLUME (USD)

Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success. As such, predicting the crypto asset’s future value with certainty remains a significant challenge for investors and analysts alike. Shiba Inu is currently experiencing a bearish trend, with the crypto asset’s value having dropped by 2.35% over the last 24 hours and 3.21% over the past week. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. As we mentioned there is a clamoring for AI technology from the market as it is the new hot thing on the scene.