Hey everyone, welcome back! Thanks again for being a part of the team here at Not Your Father’s Capital. Today, I want to give you guys a quick dive back into the world of AI, specifically as it relates to Shiba Inu. There has been a recent prediction about when Shiba Inu will hit one dollar, so I’m going to break it down for you guys in this video.
But before we get into it, I want to make it clear that this is not financial advice. Please do your own research and due diligence with all things crypto and financial.
The prediction from ChatGPT, a highly skilled AI tool, is that Shiba Inu could hit one dollar within the next five to ten years. This would be a forecast from ChatGPT and would represent a 125,000x return for current Shiba Inu holders. However, it’s important to note that this prediction is highly exaggerated and not based on realistic tokenomics.
Shiba Inu’s tokenomics are outrageous in the realm of real life. With a current supply of 589 trillion tokens, reaching a 600 trillion dollar market cap would require burning every single dollar on the planet and becoming completely deflationary. This is obviously an outlandish scenario and should not be taken seriously.
While ChatGPT is a skilled AI tool, it is not yet fully reliable when it comes to crypto predictions. The data is not there to formulate conclusions based solely on what has happened thus far with crypto.
That being said, let’s explore how Shiba Inu could realistically hit one dollar. First, adoption would need to become a widely accepted form of payment, integrated into popular platforms. Second, there would need to be high developer engagement with a large community of devs creating groundbreaking d-apps and projects. And third, regulators worldwide would need to be supportive or at least not detrimental to the growth of Shiba Inu and its ecosystem.
While these scenarios are possible, it’s important to stay objective and not get caught up in unrealistic expectations. Achieving a one dollar price for Shiba Inu would require burning a vast majority of the supply, which is highly unlikely.
In conclusion, AI predictions, like those from ChatGPT, should be taken with a grain of salt. While AI has a prominent position in crypto, predictions are not its strong suit. It’s crucial to do your own research and due diligence when it comes to trading and investing in crypto.
I hope you found this content informative. Please remember to subscribe on your way out, and we’ll see you in the next video. Thanks, everyone!
