📉 Shiba Inu (SHIB) prices are down 7.2% over the past week and 15.6% over the past 30 days. We asked ChatGPT for its future SHIB price prediction. Here's what ChatGPT offers:
🚀 4 factors supporting SHIB price:
1. Social media campaign: Can push SHIB prices up.
2. Community support and attention from mainstream media.
3. Celebrity popularity can create short-term price increases.
4. General market conditions: If the bull market picks up again, SHIB prices could increase sharply.
⚠️ 4 big risks for SHIB price:
1. Limited applicability: Without developing attractive applications or integrating into large platforms, SHIB's value may only be based on speculation.
2. Government regulations: Unfavorable regulations can negatively affect SHIB prices.
3. Market sentiment: If market sentiment worsens, the prices of minor virtual currencies may drop sharply.
4. High competition: It is difficult for any coin to maintain attention and relevance in the long term without a clear or differentiating application.
Source: CryptoPotato