I asked ChatGPT when Shiba Inu will reach $1, its response sobered me
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
Since the launch of Shiba Inu’s [SHIB] much-awaited Shibarium, it remained a hot topic of discussion in the crypto community. The team has been working to keep L2 operational, although they have faced some challenges.
The most prominent one was a massive uptick in network activity right after Shibarium’s launch. The team revealed that it has stepped up efforts towards scaling.
As is evident, Shibarium’s launch did not go as expected, with SHIB’s price dropping sharply. In fact, Shibarium’s hype was not reflected on the memecoin’s chart even a day after its launch.
Earlier, SHIB’s price rose nearly 5% within a day of Ripple [XRP] securing a partial victory in its legal battle with the U.S.
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