SHIB is currently the 13th largest cryptocurrency, while DOGE occupies the 10th spot.
During the last several bull markets, at least one type of niche asset class within the cryptocurrency industry has grown to be a major player. The previous run that ended abruptly in 2022 consisted of NFTs and meme coins.
With many experts commenting that Bitcoin and the rest of the market has already begun the new bull cycle, given the recent price explosions, the community speculates on whether there will be some new trend, or will history repeat with a certain asset class.
Meme coins have already been charting massive gains, leading to substantial profits for some investors. As such, we decided to ask ChatGPT on what would transpire on that front and more importantly, whether Shiba Inu will become the largest representative of that cohort.
And ChatGPT SaysâŠ
After a few weeks of trailing quietly behind Bitcoin and some other altcoins, Shiba Inu went on the offensive hard in the past ten days or so. On a weekly scale, the native token of the protocol is up by 130% and tapped a multi-month peak of its own at $0.000022.
As such, SHIB became the 13th largest cryptocurrency by market cap (almost $12.5 billion as of now). Dogecoin, on the other hand, the first even such token, which is currently the largest by this metric, is at the 10th spot with a market cap of just over $19 billion.#TrendingTopic #pepe #BTC #FTM
@Shiba Inu @Write2Earn $BTC $SHIB
