As the highly anticipated April 2024 Bitcoin halving approaches, speculation around its impact on the broader cryptocurrency market has intensified. Investors are particularly curious about the potential trajectory of altcoins such as SHIB, which is known for its historical correlation with Bitcoin's movements.
Utilize artificial intelligence to do ***
Gemini, an AI chatbot designed by Google, has joined the fray. SHIB's current trade** is 00000097 the dollar, using historical data and the established relationship between Bitcoin and altcoins, Gemini proposes three different scenarios, each outlining a potential SHIB based on a different Bitcoin target after the halving
Scenario 1: Bitcoin reaches $100,000
Conservative estimate: Gemini expects Shiba Inu to rise by 108%, possibly reaching 0$00002 to help SHIB eliminate the zero that has been bothering since the beginning of the year.
Moderation**: In this case, the Shiba Inu may climb to 0$00004, or $3166%。
Optimistic outlook: Gemini's most optimistic** indicates that the Shiba Inu (SHIB) reaches 0$00006, an increase of 525%.
Scenario 2: Bitcoin reaches $150,000
Conservative estimate: Gemini expects SHIB's trade** to be 0000035 dollars, with an expected increase of 2645%。
Medium: In this case, Gemini expects a potential of 0$00007, which means**6291%。
Optimistic outlook: In the best-case scenario, Gemini **SHIB will reach 0$0001, surpassing the all-time high, and achieving a staggering 9416% growth.
Scenario 3: Bitcoin reaches $250,000
Conservative estimate: If Bitcoin reaches $250,000, Gemini Shib could reach 0$00007, or ** 6291%。
Moderate: This situation indicates that a climb to 0 is possible$00013, which is equivalent to 1,254A significant increase of 1%.
Optimistic outlook: The most optimistic outlook is for SHIB to soar to 000021 USD, compared to the current ***2,0875%。
Important considerations
It is important to acknowledge that these ** are speculative and should be taken with a grain of salt. Although Google Gemini can process large amounts of data quickly, the cryptocurrency market is highly volatile and can turn in any direction without notice.
The future of SHIB
While the future of SHIB remains uncertain, leveraging AI-powered tools like Gemini can provide valuable insights into potential scenarios. However, it's crucial to be cautious with these and remember that many factors can affect the market.
Meanwhile, a well-known Shiba Inu person recently ** when SHIB and other ecosystem tokens will take off, suggesting that 2024 will be an amazing year for the Shiba Inu ecosystem.
**: Cosmic block view.