Google Bard has become a valuable tool for investors seeking unbiased insights into the performance of thousands of cryptocurrencies. However, its recent price prediction for the popular meme coin Shiba Inu ($SHIB) has surprised many investors. This article examines Bard’s unexpected forecast for $SHIB and highlights two other meme coins that the chatbot believes could experience growth in the coming months.
Shiba Inu has had a turbulent journey for investors lately, with the token’s price skyrocketing between Thursday and Saturday, only to sharply decline in the past 24 hours. Currently, $SHIB has fallen to the $0.0000090 level, erasing a significant portion of the earlier gains. The price appears to have been rejected at the resistance zone around $0.0000105, which was also rejected in late April, indicating a large volume of sell orders in the area.
Despite the bearish market sentiment surrounding $SHIB, Google Bard remains optimistic about the token. When prompted for a price prediction, Bard estimated that $SHIB could reach a maximum price of $0.000015 by the end of 2023, representing a 66% increase from its current price. Bard’s average price estimate was $0.000012, which equates to a more modest 33% rise. Factors such as the adoption of $SHIB by merchants and the release of new $SHIB-related services, like the anticipated Shibarium network, could influence Shiba Inu’s value.
Apart from $SHIB, Google Bard has identified two other emerging meme coins that it believes have significant potential for growth. One of them is Shibie Coin ($SHIBIE), which presents itself as the “bombshell bitch of crypto” by combining the identities of Shiba Inu and Barbie. Although still in its presale phase, $SHIBIE has raised over $172,000 in early funding, attracting investors with its community-centric approach. Bard speculates that $SHIBIE could reach a maximum price of $0.0005 by the end of the year, a 2,894% increase from the presale price.
The other meme coin highlighted by Bard is Wall Street Memes ($WSM), which has raised an impressive $22 million during its presale phase. The Wall Street Memes Telegram community has seen significant growth and has gained attention from well-known crypto influencers like YouTuber Michael Wrubel. Bard predicts that $WSM could reach highs of $0.08 by the end of 2023, a 141% increase from the current presale price.
In conclusion, Google Bard’s price predictions contribute to the discussion of the future potential of Shiba Inu and other meme coins. Despite recent volatility, Shiba Inu still holds promise for upside in 2023 due to its strong community and upcoming ecosystem developments. Meanwhile, Shibie Coin and Wall Street Memes have also caught the attention of investors and have the potential to experience significant growth in the coming months.
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