🐸Could (PEPE) Become the Biggest Meme Coin of 2024?
ChatGPT Replies
What Are Pepe's Chances?
The frog-themed meme coin - Pepe (#PEPE ) - has gained even more popularity in the last few days thanks to the rapid price increase.While it reached an all-time high on May 15, its market capitalization approached $ 5 billion. The surge has positioned Pepe as the third largest in the memecoin realm, behind Dogecoin (DOGE) and Shiba Inu (SHIBA).
We decided to ask Chatgpt if his rally could continue throughout 2024 and if he could become the leader of his cohort.
The artificial intelligence-powered chatbot outlined several key factors that could trigger such a price, with market momentum being the main factor:
"If PEPE continues its current significant price upward trend and outperforms other meme coins in terms of market capitalization and trading volume, it could become the leading meme coin.”
Other necessary elements include community support and the approval of influential figures Dec. It is worth noting that a study conducted at the end of last year positioned Shiba Inu (SHIB) as the meme coin with the most solid supporter base, while Pepe came in third.