Following Shiba Inu recent gains, top entities like ChatGPT and Grok have projected when SHIB could hit loftier targets like $0.0023 or $0.047.

It has been nearly four years since Shiba Inu recorded one of the biggest rallies in crypto history. The rally, which occurred in the 2020/2021 cycle, saw the price of Shiba Inu spike over 150 million percent to $0.00008845.

Shiba Inu has gained attention for its impressive price performance, particularly during the 2020/2021 crypto cycle.

As we approach the final quarter of 2023, several experts are discussing the potential for Shiba Inu to reach loftier price targets and when this might occur.

Shiba Inu Price Analysis: Recent Performance and Key Levels

At the time of writing, Shiba Inu (SHIB) is trading at $0.00001539, showing a daily gain of 4.2%. The token has also seen a rise of 2.3% over the past seven days and 12.31% over the last 30 days.

With a market cap of $9.06 billion, it’s currently the 16th biggest cryptocurrency on CoinMarketCap.

Given its current price, reaching the $0.0023 or $0.047 targets would require a substantial increase. To hit $0.0023, SHIB must surge by 14,844%. Meanwhile, to reach $0.047, the token’s price would need to spike by 305,293%.

If SHIB eventually hits the $0.0023 or $0.047 targets, its market cap would reach $1.35 trillion or $27.69 trillion, respectively.

Reaching any of those targets could translate to life-changing gains for early investors. For instance, an investor holding 10 million SHIB, currently valued at $153.9, would see their investment rise to $23,000 if the price reaches $0.0023. At $0.047, the value of these 10 million SHIB tokens would be $470,000.

ChatGPT Issues Three Timelines for Shiba Inu’s Potential Surge to $0.0023

The leading AI chatbot has set three different timelines for SHIB’s potential surge to the $0.0023 target.

According to ChatGPT, Shiba Inu might achieve the $0.0023 target between 2032 and 2035. For this prediction, ChatGPT assumes that the price of Shiba Inu will grow steadily with the broader crypto market.

For its aggressive forecast, ChatGPT predicts that the $0.0023 prediction would materialize by 2028 - 2030. This prediction is based on several factors, including a bull market, massive SHIB burn, and the token’s widespread adoption.

Further, ChatGPT predicts that SHIB will unlikely hit the $0.0023 target before 2040 in a bearish market scenario.

ChatGPT: 90%-95% Of Shiba Inu’s Supply Must Be Incinerated For SHIB To Hit $0.047

Moreover, ChatGPT's predictions are based on the possibility of a 90% - 95% burn of Shiba Inu’s outstanding tokens.

If this happens, ChatGPT estimates that SHIB’s supply would decrease to 58 trillion tokens or less from the current value of over 589 trillion tokens.

Accordingly, this scenario envisions SHIB’s price climbing to the $0.047 mark between 2035 and 2045. However, the chatbot thinks it is practically impossible for Shiba Inu to clinch the $0.047 target without heavy burns.

Grok Set A Timeline Of 7 - 13 Years For Shiba Inu To Hit $0.0023 In A Realistic Scenario

The chatbot set a timeline of 7 - 13 years, specifically by 2032 - 2038, as the realistic range for SHIB’s potential surge to the $0.0023 mark. However, it emphasized that this realistic range depends on the market conditions. A favorable market condition would see SHIB clinch the $0.0023 target sooner, and vice versa.

For the $0.0023 target to materialize in a moderate scenario, Grok speculated that SHIB must record an annual surge of 50%, potentially hitting $0.0023 by 2038.

Notably, Grok estimates that Shiba Inu will climb to the $0.0023 target by 2032, around seven years from now. In this high-growth scenario, Grok assumes that the price of SHIB will grow by 100% annually starting this year.

On the other hand, it set a timeline of 12 to 23 years for Shiba Inu’s potential surge to $0.047. Despite this