🔥 ChatGPT was consulted to predict which meme coin could reach a market capitalization of $10 billion next.
▫️ The meme coin market has seen significant growth, with Dogecoin (DOGE) and Shiba Inu (SHIB) leading the way, while new coins such as dogwifat (WIF) and Pepe (PEPE) have gained momentum thanks to strong community support.
▫️ Analysts are optimistic about the potential of this sector, especially after the Bitcoin halving, which has historically caused the market to skyrocket.
🔺 Which Meme Coin can join the prestigious 10 billion USD Club?
During the current bull cycle, the meme coin market has made significant progress, quickly exceeding $60 billion in market capitalization. This momentum is largely thanks to popular assets like Dogecoin (DOGE) and Shiba Inu (SHIB), which continue to attract investor attention, alongside rising stars like dogwifat (WIF), Bonk Inu (BONK), Pepe (PEPE) and other assets.
Currently, DOGE and SHIB together account for over 60% of the market capitalization in this category, being the only meme coins to surpass the $10 billion mark. So we turned to ChatGPT to ask if another meme coin could reach this milestone.
According to the analysis of the AI-powered chatbot, success in this regard depends on strong community support, viral social media presence and high investor interest. WIF and PEPE are some of the meme coins that have significant community support.
The dogwifat community recently rallied to raise $650,000 to feature the token's logo at the Sphere – a popular entertainment venue in Las Vegas, Nevada.
Additionally, the token has received support from prominent industry figures such as Arthur Hayes.
However, a recent study indicates that Shiba Inu boasts the strongest community base among meme communities, with DOGE and PEPE in the top three.
The frog-themed digital asset currently boasts a market capitalization exceeding $3 billion, positioning it as a significant contender among the top meme coins.