I asked ChatGPT Shiba Inu’s price prediction, the answer was simply hilarious

ChatGPT’s idea of an ideal metaverse

What would the ide­al Meta­verse look like? That 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.

So, is the Shiba Inu Metaverse an ideal Metaverse? 

Chat­G­PT quick­ly point­ed out its lim­i­ta­tions in learn­ing enough about the Shi­ba meta­verse when respond­ing to this query. By this time, aren’t we all Chat GPT? Espe­cial­ly since lit­tle infor­ma­tion about the Shi­ba meta­verse is available.

And yet, it was able to respond that it has a wel­com­ing envi­ron­ment and scored high­ly on cre­ativ­i­ty and inno­va­tion. Even so, it remains unclear about its acces­si­bil­i­ty and interoperability.

Source: Chat­G­PT

Exploring the possible roles of AI in the Metaverse

AI can make user expe­ri­ences more real­is­tic and com­pelling because the Meta­verse is essen­tial­ly a dig­i­tal ecosys­tem repli­cat­ing the actu­al world. Mak­ing 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 to dis­cov­er infor­ma­tion and com­mu­ni­cate with others.

Addi­tion­al­ly, 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.

That being said, you might won­der whether AI can pre­dict the future of any token or coin.

Can SHIB cross $1 by December 2023?

When this inquiry was hurled at Chat­G­PT, it could not pro­vide a defin­i­tive response, even in its lib­er­at­ed state. This is not sur­pris­ing, as pre­dict­ing any price fluc­tu­a­tion requires sig­nif­i­cant his­tor­i­cal data to ini­ti­ate the process. Nev­er­the­less, in its reply, while not pin­point­ing a pre­cise fig­ure, it acknowl­edged that SHIB has the poten­tial to soar in the days ahead. This asser­tion was found­ed based on the cryptocurrency’s mar­ket cap­i­tal­iza­tion surge in the past.

Source: Chat­G­PT

A glance at SHIB’s past mar­ket cap­i­tal­iza­tion move­ment reveals a flur­ry of actions. Accord­ing to Coin­Mar­ket­Cap, the cryptocurrency’s mar­ket cap surged to over $13 bil­lion in 2021 but even­tu­al­ly sta­bi­lized at approx­i­mate­ly $3 bil­lion. How­ev­er, in Octo­ber 2021, its mar­ket cap sky­rock­et­ed again, sur­pass­ing $40 bil­lion, before grad­u­al­ly taper­ing off. SHIB boasts a mar­ket cap of over $6 bil­lion, which is about $3 bil­lion more than its ini­tial valuation.

To delve deep­er, I pre­sent­ed Chat­G­PT with spe­cif­ic met­rics, includ­ing the cur­rent SHIB price and the Rel­a­tive Strength Index. Despite the added infor­ma­tion, the lan­guage mod­el could still not pro­duce a pre­cise pro­jec­tion for future SHIB prices. How­ev­er, it did pro­vide a short-term fore­cast based on the Rel­a­tive Strength Index.

Source: Chat­G­PT

Shiba Inu [SHIB] on a daily timeframe

After ana­lyz­ing the Rel­a­tive Strength Index on a dai­ly time­frame, it became appar­ent that SHIB had been trend­ing below the neu­tral zone for a con­sid­er­able peri­od, indi­cat­ing a bear­ish trend. How­ev­er, soon, an uptrend is pos­si­ble as a price cor­rec­tion could pro­pel it above the neu­tral line.

Read Shi­ba Inu [SHIB] Price Pre­dic­tion 2023–24

As of this writ­ing, SHIB was trad­ing at approx­i­mate­ly $0.0000106, with a slight increase of 0.9%. The cryptocurrency’s price move­ment was cur­rent­ly sit­u­at­ed below its short-term Mov­ing Aver­age (rep­re­sent­ed by the yel­low line), which also act­ed as a resis­tance lev­el around the $0.000012 to $0.000013 range.

Source: Trad­ingView