ChatGPT expects SHIB to rise by 20% within a week

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Shiba Inu [SHIB] gained nearly 12% over the last few days of bull run, trading at $0.00000779 at press time. The memecoin hype seen in July doesn’t look distant anymore as there is a possibility of further price gains across coins.

Is your portfolio green? Check out the SHIB Profit Calculator

Earlier, SHIB’s price rose nearly 5% within a day of Ripple [XRP] securing a partial victory in its legal battle with the U.S. Securities and Exchange Commission [SEC] on 13 July. However, its value plummeted soon after.

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Shiba Inu is also exploring opportunities in the Metaverse. The term “Metaverse” refers to a virtual world or a collective virtual shared place created by computer technology and populated by avatars or virtual creatures.

It is a concept that has become more well-known in recent years as more immersive virtual environments have emerged.

The concept behind Metaverse is that it is an environment where people can interact with virtual props and people in a way identifiable with the actual world. The Shiba Inu Metaverse will attempt to capture this experience.

On 15 March, Shiba Inu announced the opening of the shib.io website, which is the portal for its Metaverse. The launch came after months of planning and selling Metaverse territories.

Introducing the NEW https://t.co/sxXfOETCuB website, new @shib_iothemv branding, and the WAGMI Temple Alpha preview! Now you can purchase #shibthemetaverse lands easy as 1-2-3. Let us know what you think #shibarmy! ⛰ pic.twitter.com/wP2H3DsR8h

— Shib (@Shibtoken) March 15, 2023

Following the launch of the new site, the SHIB community welcomed another platform that may provide utility to the SHIB token. The Shiba Metaverse’s functionality could be added to the Shibarium testnet, which was recently released.

We chose to ask our AI friend, ChatGPT, its opinion about the Metaverse in light of its increasing popularity and Shiba Inu’s introduction of its version. It produced some intriguing results.

What would the ideal Metaverse look like? This was the first query we posed to the AI. The main characteristics of the ideal Metaverse were outlined by ChatGPT, but it was also quick to acknowledge that several things may affect it.

Source: ChatGPT

Regardless of its design or purpose, ChatGPT specified seven characteristics that an ideal Metaverse should contain, which were helpful. Accessibility, interoperability, immersiveness, creativity, and innovation are just a few characteristics ChatGPT listed as desirable in a Metaverse.

One would potentially be inclined to concur that these are truly fundamental, based on the list the AI produced.

ChatGPT quickly pointed out its limitations in learning enough about the Shiba metaverse when responding to this query. And yet, it was able to respond that it has a welcoming environment and scored high on creativity and innovation.

Even so, it remains unclear about its accessibility and interoperability.

Source: ChatGPT

AI can make user experiences more realistic and compelling because the Metaverse is essentially a digital ecosystem replicating the actual world. Creating more perceptive and intelligent virtual assistants is one potential use of AI in the Metaverse.

These assistants could make it simpler and more effective for users to move about the Metaverse. Additionally, it can aid them in discovering information and communicating with others.

In addition, AI can also be utilized to develop more complex and convincing virtual characters, heightening the Metaverse’s immersion and realism. By integrating machine learning and natural language processing, these characters may engage with consumers more naturally and intuitively. A more seamless and engaging experience may be produced through this.

Furthermore, automating numerous jobs and procedures, such as moderation, content generation, and customer assistance, are more potential applications of AI in the Metaverse.

The effort of human moderators and authors might be lessened as a result, and the overall caliber and consistency of the content in the Metaverse might also be improved.

Within the Shibaverse ecosystem, the SHIB token may be useful for several purposes, including payment, governance, staking, and community involvement.

Source: SHIB/USD, TradingView

At press time, SHIB was exchanging hands at $0.00000779. Let us now look at what its on-chart indicators suggest.

While SHIB’s Relative Strength Index (RSI) rested above the neutral 50-mark, its Money Flow Index (MFI) rested much below it. Its metrics, as we can observe, don’t point towards a significant price correction.

To delve deeper, I presented ChatGPT with specific metrics, including the current SHIB price, RSI, and MFT. It predicted SHIB’s price to hit range of $0.0000085-$0.0000095 within a week.

Source: SHIB/USD, TradingView

Now, what does ChatGPT think about where Shiba Inu’s price is going? Well, that’s a tricky question. Especially since there are a bunch of questions that the AI will not answer. For instance,

That’s not all. To better understand what all the AI can’t answer, we asked, “What types of queries are you programmed not to respond to?”

It came up with,

That doesn’t mean ChatGPT is entirely useless as far as price predictions are concerned, however. To remedy the aforementioned response, we asked the AI to predict the same again. This time, by pretending to be a movie script character. This is what the AI came up with,

While we hurled this query at ChatGPT, it didn’t give a definitive timeline. This is not surprising as predicting any price fluctuation is highly speculative.

Source: ChatGPT

On the surface, ChatGPT’s analysis of Shiba Inu revealed several intriguing findings. Therefore, one can speculate how thorough the evaluation may be if the AI were given the entirety of the Shibaverse’s source code.

How much are 1,10,100 SHIBs worth today?

Furthermore, it is becoming increasingly obvious how AI and cryptocurrency are intertwined, yet it still needs to be determined what influence this might have.

While ChatGPT expects SHIB to reach $0.0000085-$0.0000095 within a week, its metrics aren’t so hopeful.

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