🔥 We asked ChatGPT which coin will be the next to reach a $10 billion market cap!
▫️ The meme coin sector has experienced significant growth, with Dogecoin (DOGE) and Shiba Inu (SHIB) leading the way, while newer tokens like dogwifhat (WIF) and Pepe (PEPE) gain traction through strong community support.
▫️ Analysts remain optimistic about the sector's potential, particularly after the Bitcoin halving, which has historically triggered market surges.
🔺 Which Meme Coin can join the prestigious club?
The meme coin sector made significant strides in the last bull cycle, with its market cap briefly exceeding $60 billion. This progress is due to popular assets like Dogecoin (DOGE) and Shiba Inu (SHIB), which remain quite popular among investors, as well as new sensations such as dogwifhat (WIF), Bonk Inu (BONK), Pepe (PEPE), and others.
Currently, DOGE and SHIB represent over 60% of the cohort's market cap, and they are the only meme coins to have ever surpassed the $10 billion mark. As such, we asked ChatGPT if another asset of this kind can reach this milestone.
The AI-based chatbot believes that success in this field can be fueled by strong community support, a viral presence on social media, and increased investor interest. WIF and PEPE are among the meme coins that have gained a solid supporter base.
The dogwifhat community recently raised $650,000 to place the token's logo on the Sphere, a famous entertainment arena in Las Vegas, Nevada. Additionally, the token has received support from prominent industry players, such as Arthur Hayes.
However, a study conducted a few months ago found Shiba Inu to be the coin with the strongest community base, while DOGE and PEPE complete the top three.
The frog-themed digital asset currently has a market cap of over $3 billion, making it the largest contender among the main players.