New York, NY –News Direct– Finance News
In recent months, ChatGPT has evolved into a widely-used crypto analytics tool, predominantly on the strength of its unbiased, AI-powered insights.
Traders worldwide are now turning to ChatGPT to identify where the price of certain coins and tokens could head next – with Shiba Inu ($SHIB) being one that’s currently attracting attention.
However, it's not just high-profile names like $SHIB that are being given to ChatGPT for analysis – the new meme coin Wall Street Memes ($WSM) has also been identified as an up-and-coming project that the model is heavily bullish on.
It’s been a volatile few weeks for $SHIB holders, with the token’s price stuck in a narrow range between $0.0000083 and $0.0000090.
This range has held firm since May 8 and ended the sharp price drop that began on April 19.
It appears that a significant portion of $SHIB investors have opted to cash in while they can, following the token's surprise run-up in April.
This run-up, prompted by an uptick in interest in meme coins, saw $SHIB soar by 23% – its most significant price rise since January.
Unfortunately, as is often the case with hype-driven meme coins like Shiba Inu, the bull run was short-lived – and the bears regained control quickly.
Per CoinMarketCap, the number of “whale holdings” has steadily decreased over the past month, indicating that high-net-worth investors are no longer optimistic about the token’s prospects.
Moreover, CoinGecko sentiment analysis shows that only 66% of users are bullish on $SHIB – far lower than during the meme coin craze just weeks ago.
However, ChatGPT remains bullish on the token’s prospects and estimates that the token could rise to $0.000013 by the end of the year.
If this occurred, it would represent a 50% increase from today’s price and see the token return to where it was back in February.
According to ChatGPT, this price increase would be driven by more adoption from retailers and an uptick in support from the broader Shiba Inu community.
Given this projection, it seems that ChatGPT perceives a resilient future for $SHIB – which will be music to the ears of long-term holders.
New Meme Token Wall Street Memes Causes a Stir & Raises $4.1 Million
Shifting away from Shiba Inu, another meme coin has emerged in the rapidly-evolving crypto market – Wall Street Memes ($WSM).
Even though the meme coin market is relatively saturated, this newcomer has already captured the attention of investors worldwide, helping it raise over $4.1 million through its presale in just ten days.
Wall Street Memes’ success has also led to an influx of investors following the project’s official Twitter account, which boasts an audience of over 224,000.
Not only that, but some big names in the crypto market are also taking note – with YouTuber Michael Wrubel, who has over 310,000 subscribers, releasing a video highlighting his optimism for the project.
Wrubel points to the colossal Wall Street Memes community as one of the primary sources of his optimism, alongside how active the development team is on all its social media channels.
Notably, ChatGPT is also optimistic about Wall Street Memes – and believes the $WSM token could be set for a considerable price increase once listed on exchanges later this year.
As noted by ChatGPT, the $WSM price could hit $0.10 by the end of 2023 – a 264% increase from the current presale price.
This forecast will undoubtedly catalyze further interest in Wall Street Memes – potentially propelling the presale to new heights.
Visit Wall Street Memes Presale
Meme Coin Sensation AiDoge Hits $14.9m Presale Hard Cap – Final Chance to Buy $AI Ahead of Exchange Listings
Finally, meme coin phenomenon AiDoge ($AI) has also caught ChatGPT’s eye after recently wrapping up a successful presale phase which saw the project hit its $14.9 million funding target.
Investors were buzzed about AiDoge's presale, given the project's unique blend of artificial intelligence technology and meme-style concepts – which ultimately led to over 20,000 people joining the official Telegram channel.
AiDoge’s team is now gearing up for some major exchange listings, which are planned for June 19 – and many expect the $AI price to soar in value after it debuts.
However, even though AiDoge’s presale has ended, the developers are giving those who missed out one final chance to buy $AI at the listing price of $0.0000336 before it goes live on the public market.
This could prove fruitful since ChatGPT's analysis points to a positive future for the AiDoge.com project.
According to ChatGPT, if AiDoge can successfully tap into the meme coin trend and strengthen its community, the token could reach a price of $0.00007 by the end of the year – a 108% increase from the listing price.
Much like with Wall Street Memes, this prediction could ignite even greater interest in AiDoge – and potentially help the token achieve its full potential.
Visit AiDoge Website
DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article.
View source version on newsdirect.com: https://newsdirect.com/news/chatgpts-shiba-inu-price-prediction-is-bullish-but-wall-street-memes-could-pump-higher-885111192
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
Pfizer is approaching a do-or-die milestone in the coming weeks, as it prepares to unveil new data on its weight-loss pill. If the drug works well, Pfizer could capture some of the investor enthusiasm that has blasted the share prices of Novo Nordisk and Eli Lilly into the stratosphere this year. Pfizer (ticker: PFE) shares are down 39% this year as of Tuesday, and are trading just above their 52-week low.
Devon Energy's (DVN) third-quarter production volumes are better than the year-ago quarter's level due to solid contributions from the Delaware Basin.
(Reuters) -The interest rate on the most common type of U.S. residential mortgage plunged last week by the most in nearly 16 months on the back of a rally in the Treasury market that drove down the benchmark yields used to set home loan costs. The Mortgage Bankers Association (MBA) on Wednesday said the average contract rate on a 30-year fixed-rate mortgage dropped in the week ended Nov. 3 by a quarter percentage point to 7.61%, the lowest in about a month. That months-long updraft in yields saw a sharp reversal last week after the U.S. Treasury said upcoming debt issuance would be somewhat less than previously expected and the Federal Reserve left its key overnight policy rate on hold for a second straight meeting.
The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.
The FDA approved a highly anticipated weight-loss drug from Eli Lilly on Wednesday. Eli Lilly stock rose less than 2% after the release.
The tax agency announced this week a host of improvements to help Americans file their taxes next year.
Rivian now expects to build more than six times the number of electric vehicles that Lucid now aspires to for this year.
Start investing for your baby with these CPA’s tips.
Americans’ credit card balances have hit a record high.
Steve Ballmer, once an assistant to Bill Gates at Microsoft, is now ranking just a few spots away from his former boss on the list of the world’s richest people. According to Bloomberg, Ballmer’s net worth soared to $117 billion in October 2023, placing him as the fifth-richest globally, just $5 billion short of Gates’ wealth. Gates has donated a substantial part of his fortune to charity since leaving Microsoft. According to Forbes’ real-time billionaires list on Nov.8, 2023, Steve Ballmer’s ne
Baby boomers tend to be viewed as one group. But thanks to the Great Recession, younger boomers have had a much harder time saving for retirement.
Adam Neumann, the billionaire founder of WeWork, said the company "has failed to take advantage of a product that is more relevant today than ever before" since he left.
(Bloomberg) — The average 30-year mortgage rate plunged last week by the most in more than a year, helping generate the biggest advance in home purchase applications since early June.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Virginia Democrats Fend Off Republican Sweep in Win for Abortion RightsUS 30-Year Mortgage Rate Tumbles by Most in More Than a YearXi to Meet US Business Leaders for Dinner in San FranciscoTrump's Wealth Has Jumped $500 Million
Roblox stock soared after the company's Q3 earnings beat. Is RBLX stock a buy right now in today's stock market?
Popular conceptions of investing involve trading company stock when its value appreciates. However, dividends allow you to profit from holding company stock without selling it. Dividends offer investors regular cash payouts from companies they’ve invested in, resulting in passive income. Whether you’re a seasoned investor seeking to optimize your portfolio or a newcomer curious about […] The post How Much Can You Make in Dividends With $100k? appeared first on SmartReads by SmartAsset.
Although the revenue and EPS for Pan American Silver (PAAS) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Burdened by recall expenses for its battery-electric trucks, Nikola is looking to California’s generous incentives for fuel cell trucks to help keep it afloat financially.
Artificial Intelligence remains the key theme in tech reports. These are two of the best plays, according to analysts at Melius Research.
Sequoia Capital is one of Silicon Valley's biggest and most sophisticated investment firms. So how did it get taken by the crypto scammer Sam Bankman-Fried?
New York, NY –News Direct– Finance News