Google Bard’s Shiba Inu Price Prediction for 2023 – Will SHIB Explode After Summer of Shibarium ?
Google Bard has emerged as a valuable tool for investors looking to benefit from objective insight into the performance of thousands of cryptocurrencies.
However, the chatbot’s recent price prediction for the popular meme coin Shiba Inu ($SHIB) has shocked many investors.
This article looks at Bard’s surprise forecast for $SHIB before highlighting two alternative meme coins the chatbot believes could be poised for growth in the coming months.
$SHIB Bulls Lose Steam After Resistance Zone Rejection
It’s been a wild ride for Shiba Inu investors recently, with the token’s price soaring between Thursday and Saturday, before falling sharply in the past 24 hours.
At the time of writing, $SHIB has dropped to the $0.0000090 level, erasing a significant portion of the gains made during the prior surge.
Price appears to have rejected the resistance zone around $0.0000105, which was also rejected in late April.
This double rejection at the same level is notable, as it evidences the large volume of sell orders around the area.
Zooming out, Shiba Inu had experienced a strong uptrend since the low of June 10, rallying 93% in the following weeks.
However, $SHIB bulls appear to have run out of steam – leading to the sharp sell-off seen in recent days.
Google Bard Remains Optimistic for Shiba Inu Reversal
While the market sentiment around $SHIB is bearish, Google Bard still has high hopes for 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 today’s price.
However, Bard’s average price estimate was $0.000012, which equates to a more modest 33% rise.
Some of the factors highlighted by Bard that might influence Shiba Inu’s value include the adoption of $SHIB by merchants and the release of new $SHIB-related services, like the long-awaited Shibarium network.
Ultimately, despite the recent volatility, Google Bard’s prediction reinforces that Shiba Inu still has potential for upside in 2023, thanks to its robust community and upcoming ecosystem developments.
Which Other Meme Coins is Google Bard Bullish On ?
Although Google Bard is optimistic about Shiba Inu’s prospects, the AI chatbot identified other emerging meme coins primed for growth.
Two meme coins Bard forecasted significant upside for are Shibie Coin and Wall Street Memes, which have quickly built momentum in their respective presale phases.
