Shiba Inu or Dogecoin: APED.ai's ChatGPT Forecasts 2024 Champion

Jonathan Stoker Jan 24, 2024, 03:50am 116 views

Shiba Inu or Dogecoin: APED.ai's ChatGPT Forecasts 2024 Champion

Memecoin Titans Shiba Inu and Dogecoin Strive for Dominance in 2024

In 2023, Shiba InuShiba Inu$0.000010 -2.05% (SHIB) and DogecoinDogecoin$0.091 -0.42% (DOGE), two of the biggest memecoins, did not have an outstanding year. They were overshadowed by rising stars like BONK, Pepe (PEPEPEPE$0.0000014 -0.24%), and Dogwifhat (WIF). However, despite this setback, SHIB and DOGE continue to be powerful forces in the memecoin market. Their significance in the meme project sphere is unquestionable, and their rivalry has persisted into 2024.

Despite the rather unimpressive performance last year, both projects are currently locked in a heated competition for the memecoin crown. Regardless of the stiff competition from emerging tokens, the focus remains on the potential growth of Shiba Inu and Dogecoin in the coming year.

Shiba Inu vs. Dogecoin: ChatGPT's Forecast for 2024

When probed about which token will reign supreme in 2024, the AI chatbot ChatGPT did not provide a direct response. However, after additional prompting, ChatGPT projected that Shiba Inu (SHIB) could see a price increase to $0.00001, reflecting growth of approximately 11% from its current levels. Conversely, it suggested that DOGE might rise to $0.1, a potential rally of about 25% from its current standing.

Shiba Inu vs. Dogecoin: AI Predictions Align

If we consider ChatGPT's forecast, Dogecoin (DOGE) appears to have a slight edge over Shiba Inu (SHIB) in 2024. Google's predictive AI, Bard, also provided a similar outlook for these two memecoins. In a bullish scenario, Bard predicts that Shiba Inu (SHIB) could reach a peak price of $0.000020, a rise of roughly 122% from its current position. Additionally, it suggested that DOGE could hit a high of $0.40, a surge of about 400% from where it stands now.

Potential Factors Influencing Dogecoin's Performance

Both AI chatbot predictions lean towards Dogecoin (DOGE). Furthermore, there has been speculation about the integration of DOGE in X's (formerly known as Twitter) upcoming payments feature. Although not confirmed officially, if adopted, this could lead to a surge in the crypto's adoption and price, further bolstering its position in the fierce memecoin competition.

Edited by Jonathan Stoker

How do you like the article?

Join the discussion on

You may also like

Advertisement

Articles in same category

Advertisement

Coins in same category

Advertisement

Join our community

Help moderate our articles, rate content and show your support!

We want you to be part of the first automated crypto-magazine.

Join us today