Google Gemini Sets Shiba Inu (SHIB) Price for August 31, 2025
Main Idea
Google Gemini predicts Shiba Inu (SHIB) could drop to $0.00001 by August 31, 2025, citing declining trading volume, weak on-chain engagement, and lack of immediate catalysts.
Key Points
1. Google Gemini forecasts a 16.388% decline in SHIB's price to $0.00001 by August 31, 2025.
2. SHIB's recent drop of over 2.8% in 24 hours and weak trading volume threaten its key support level at $0.000011.
3. On-chain metrics show a 40% decline in market engagement and a 50% drop in token burn activity, reducing scarcity appeal.
4. The market lacks immediate catalysts, such as partnerships or exchange listings, to reverse SHIB's downward trend.
5. Gemini attributes the predicted decline to deteriorating volume, lower on-chain engagement, and technical vulnerability.
Description
Google’s artificial intelligence platform, Gemini, has issued a cautious outlook on the performance of Shiba Inu (SHIB) for the remainder of August 2025. The AI model assessed current market structure, technical signals, and broader on-chain trends to form its latest projection for the popular meme-based cryptocurrency. As Shiba Inu continues to struggle with downside pressure, Google Gemini has outlined several critical risk factors that could weigh further on price performance throughout the m...
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