Token

April

Shiba Inu

<![CDATA[<figure class="image"><img src="https://cimg.co/news/123342/326206/adobestock-577506072.jpeg" srcset="" width="" class="content-img" alt=""><figcaption>Shiba Inu / Source: Adobe</figcaption></figure>Shiba Inu (SHIB), the meme token at the heart of the Shiba Inu web3 ecosystem, could hit $1 per token within the next 5-10 years.That&rsquo;s according to a new forecast from ChatGPT.If <a href="https://cryptonews.com/news/shiba-inu-price-prediction-as-shib-outperforms-market-time-buy.htm">SHIB</a> was to hit $1 in the next 5-10 years, that would represent gains in the region of 125,000x for current Shiba Inu token holders.Given the current supply of 589 trillion tokens, a price of $1 would mean a market cap of nearly $600 trillion.Such a rally would eclipse <a href="https://cryptonews.com/coins/bitcoin/">Bitcoin&rsquo;s</a> 26,000x return since it briefly traded at $1 back in April 2011.Here&rsquo;s how <a href="https://cryptonews.com/news/shiba-inu-price-prediction-as-100-million-trading-volume-sends-shib-down-3-are-whales-selling.htm">Shiba Inu</a> could muster up some a monstrous rally, according to ChatGPT.<h2 id="strong-how-shiba-inu-could-hit-1-according-to-chatgpt-strong">How Shiba Inu Could Hit $1, According to ChatGPT</h2>ChatGPT said that Shiba Inu hitting $1 per token could be feasible if the following three scenarios unfold.Firstly, Shiba Inu attains mainstream adoption and &ldquo;SHIB becomes a widely accepted form of payment or is integrated into popular platforms&rdquo;.Secondly, Shiba Inu attracts high developer engagement and &ldquo;a large community of developers who create groundbreaking <a href="https://cryptonews.com/news/how-build-decentralized-application-dapp.htm">dApps</a> and projects&rdquo;.Finally, &ldquo;regulators worldwide are supportive, or at least not detrimental, to the growth of SHIB and its ecosystem&rdquo;.&ldquo;In the most optimistic scenario, with exponential growth and everything aligning perfectly, we might see SHIB approach the $1 mark in the next 5-10 years,&rdquo; ChatGPT concluded.Shiba Inu recently attempted to launch a <a href="https://cryptonews.com/news/update-shiba-inus-shibarium-almost-ready-reopen-after-failed-initial-launch.htm">layer-2 Ethereum scaling solution called Shibarium</a>, which would serve as the new home for the ecosystem.It&rsquo;s worth noting that a market cap of $600 trillion would value Shiba Inu at greater than the combined worth of the entire global stock and real estate markets.Perhaps a market cap of 100s of trillions is overly optimistic.But Shiba Inu could still hit $1 if enough tokens were burnt.For updates as to the rate at which SHIB tokens are being burnt, check out <a href="https://www.shibburn.com/">Shibburn.com</a>.<h2 id="strong-chatgpt-gives-verdict-on-launchpad-xyz-strong">ChatGPT Gives Verdict on Launchpad xyz</h2>ChatGPT is also bullish on an up-and-coming web3 project called Launchpad xyz, predicting it could post 25-30x gains by the end of 2023.<a href="https://cryptonews.com/ext/launchpad/en">Launchpad xyz</a> is building an all-in-one platform for all things web3: a trading and investing terminal and information hub, NFT trading tools and blockchain gaming/metaverse exploring features.To fund the development of its platform, Launchpad xyz is in the process of conducting a highly successful presale of its native $LPX token.The project has already raised $1.4 million via token sales, with $LPX currently on sale for $0.0445 each, though if investors move quickly, they can snag a 20% bonus.&ldquo;Should the platform prove itself to be a valuable addition to Web3, NFT and crypto space, achieving substantial user adoption, partnerships and technological advancements, $LPX could potentially hit a 25-30x growth from its presale price&rdquo;, ChatGPT stated in comments cited by Finbold.<a href="https://cryptonews.com/ext/launchpad/en">Buy $LPX Here</a>
]]>

ChatGPT Reveals When SHIB Will Hit $1, Also Gives Verdict on LPX Token

Table of Contents

Cryptonews.com

Other articles published on Aug 24, 2023

SEC and Ripple Trial Scheduled for Q2 2024!

Elon Musk Praises Pro-Bitcoin Candidate Vivek Ramaswamy

Binance Triggers Another Crypto Market Selloff In September

Bullish Bets: Traders Flock to Pomerdoge (POMD), Solana (SOL), and Arbitrum (ARB) Ahead of Market...

Bitcoin halving can take BTC price to $148K by July 2025 — Pantera Capital

Dubai's VARA allows staking for regulated digital asset custodians

Join our free newsletter for daily crypto updates!