ChatGPT is an AI-driven platform that helps predict future prices. Recently, when asked whether the SHIB token price will take off in the foreseeable future, the AI could not provide an exact figure yet did state that the token had the potential to take off. According to its Relative Strength Index (RSI) of 28.18, the token is on an undervalued position.
The AI was unable to provide enough information of the recently launched Shiba Inu Metaverse. Thus, it identified the seven characteristics of an ideal metaverse based on its AI-generated results. These are accessibility, inter-operability, immersiveness, creativity, and innovation, aspects that the AI believes should be present in the metaverse.
AI could also play a major role in making virtual experiences more realistic and compelling, with virtual character assistants moderating, creating content, and providing customer assistance, as well as automating various tasks and procedures.
The Shiba Inu Metaverse will be utilizing the SHIB token for a number of purposes, including payment, governance, staking, and community involvement. The SHIB token is currently trading at the value of 0.000009421 and has lost approx. 3.8% within the last 24 hours.
The company behind the Shiba Inu project is Shiba Labs, founded by CZ – an anonymous crypto pioneer. Shiba Labs have been heavily involved in the crypto space for many years and have grown significantly since then, reaching a market capitalization of nearly $9 billion in 2021.
CZ is described as an entrepreneurs’ entrepreneur – a visionary and philosopher who is constantly pushing the boundaries. CZ has been a part of the growth of some of the most influential projects and companies in the cryptocurrency industry. His previous work spans many industries, such as trading and banking, and he’s advised and launched many blockchain-based projects. His recent project “Shiba Inu” is no exception, as it looks to grow and challenge the industry.
ChatGPT may not be an adequate tool for making accurate price predictions yet understanding the SHIB token’s current position and potential based on the RSI result, provides an insight. Despite its limited knowledge of the Shiba Metaverse, it still proposes that the project shows potential and thus would be worth looking into.
