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Shiba Inu (SHIB) Price Forecasted to Rise 7% by May 2025

Coin WorldMonday, May 5, 2025 3:46 am ET

1min read

Shiba Inu (SHIB), a popular meme-inspired cryptocurrency, has garnered renewed attention following a price forecast by OpenAI’s ChatGPT. The AI model predicts a modest rise for SHIB, projecting a price of $0.000014 by May 31, 2025. At the time of the forecast, SHIB was trading at $0.00001311, reflecting a 1.51% decline in the past 24 hours.

ChatGPT’s prediction is based on recent market behavior and trading dynamics. The AI model noted that given the strength of April’s recovery and increasing trader interest, it is reasonable to project a near-term upside for SHIB. This forecast aligns with the broader cryptocurrency market’s renewed optimism, where SHIB recorded a 7% price gain in April 2025. This gain, though modest compared to larger-cap assets, highlights SHIB’s resilience and steady investor interest.

Bitcoin’s price surge toward $95,000 in April catalyzed a broader market rally, adding approximately $270 billion to the total crypto market capitalization—a 10.31% monthly increase. This broader market momentum supports the bullish sentiment around SHIB, as indicated by the sharp increase in SHIB’s futures open interest, which nearly doubled in April, rising from under $97 million to nearly $190 million by April 27. This trend suggests growing speculative activity and bullish positioning in the market, aligning with ChatGPT’s forecast.

The Shiba Inu ecosystem continues to develop, with ongoing efforts to strengthen its Layer-2 blockchain, Shibarium. The development team has been rolling out updates to improve transaction throughput and scalability, including enhancements to the validator onboarding and increased burn activity. These developments are seen as longer-term bullish factors for SHIB’s valuation, contributing to a favorable outlook for the meme token heading into the end of May.

While SHIB’s near-term performance may not rival Bitcoin or Ethereum, AI-powered predictions and market data suggest a positive outlook for the token. Traders and investors will be closely monitoring whether SHIB can meet or exceed ChatGPT’s forecast of $0.000014, as confidence in the token appears to be building once again. However, it is crucial to approach this prediction with caution, as the cryptocurrency market is highly volatile and subject to various external influences. Investors should conduct their own research and stay informed about the latest developments and trends to make more informed decisions.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.