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Cryptocurrency News Video
Crypto Voice News | Will Shiba Inu Be Around in 2050? Here is the approach of Gemini
Feb 10, 2024 at 11:20 am Kripto Sesli Haber
Will Shiba Inu Be Around in 2050? Here is the approach of Gemini,
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Shiba Inu (SHIB) remains a major digital currency today, but opinions differ on its longevity, based on information from recent consultations with Google Gemini.
Click the link to read the original text on thecryptobasic.com
https://bit.ly/4bIkhTY (Guides, Crypto News, Exchanges, Trading Bots, Crypto Trading Guide.)
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Despite its promise, some investors are skeptical about the Shiba Inu's future, and the reasons are clear. Unlike traditional cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), the Shiba Inu started as a joke and now utilities are being introduced along the way.
Despite the progress made along the journey, many are still unsure whether the growth is sustainable. Directing this curiosity to Gemini (formerly Google Bard), The Crypto Basic revealed the following.
Shiba Inu in 2050, Yes or No?
"Will the Shiba Inu exist in 2050?" When presented to Gemini, the AI chatbot gave two unique scenarios that showed the token would come into existence, while also defending the thesis that it would disappear by then.
Gemini believes that SHIB will last for decades if cryptocurrency adoption continues and the development of its ecosystem continues. Gemini specifically emphasized the development steps in Shibarium as the basis for growth.
The chatbot also noted that complements and ongoing community support from the Shiba Inu metadatabase could be the foundation for growth in the long run.
Chatbot's arguments for why the Shiba Inu will no longer be a trend in 2050 are based on its high volatility, which could cause investors to abandon it prematurely. Increased competition can also be a major problem that could cause the Shiba Inu to lose importance if they cannot keep up.
Finally, increasing regulatory concerns may also lead to a decline in the viability of the Shiba Inu project in the long term.
Society's Expectations Tell Different Stories,
Despite Gemini's differing views, the market thinks differently, with some members of the Shib Army patiently holding on to their tokens until certain goals are achieved; The 1 cent price mark is one of these ambitious goals.
For reference, the token is currently changing hands for $0.000009365, up 1.22% in the last 24 hours. While the transaction volume decreased by 14% to $120,306,611, the market value was $5,521,215,856, according to CoinMarketCap data.
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You can find breaking news, analysis and comments about #shiba inu, shibaswap, bone token, #kripto coins on this channel. Please subscribe to avoid missing the next shiba inu news. #shib breaking news, shiba breaking news, shiba burning news, where to buy shiba.
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Disclaimer, The information provided in this video is not investment advice.
financial advice is not trading advice, it is for informational purposes only,
You should not consider any of the video content as investment advice.
Please seek advice from your financial advisor before making any investment decisions.
#kriptoseslihaber
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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