Shiba Inu is a well-known cryptocurrency that is getting a lot of attention as of lately. It recently announced the launch of its Metaverse platform in a bid to further expand its utility and functionality. And, in light of its increasing popularity, we asked our AI friend ChatGPT what it thought about it.
ChatGPT outlined the characteristic elements of an ideal Metaverse, citing accessibility, interoperability, immersiveness, creativity, and innovation as some of the most desirable. It made a point to note its limitations in learning much about the Shiba Metaverse, but it did suggest that it had a welcoming environment and a score high on creativity and innovation.
AI is being explored for a myriad of potential applications in the Metaverse. It can be used to create more believable virtual characters, as well as automate various tasks on the platform. It would not surprise anyone then that Shiba has incorporated AI into their Metaverse with the use of the SHIB token.
At the time of writing, SHIB was valued at $0.00001064, only edging up 0.06% and down more than 9% over the two-day period. Its price was just above the Moving Average, implying a steeping off in price is likely. The Relative Strength Index also pointed to a bear market, as it was seen traversing either side of the neutral line since trading started.
While ChatGPT was unable to produce an exact forecast when it came to price prediction mention of the SHIB token’s rising market cap implied that it could rise in the near future. It agreed that SHIB had potential to increase considerably in value over time.
The new Metaverse initiative announced by Shiba Inu is the latest of many advances for the cryptocurrency. Launching their own platform will only add to the SHIB token’s utility and bolster its reputation as a digital asset with great potential.
