Altcoins
ChatGPT Predicts 6 Altcoins That Could Be The Next Shiba Inu
Popular AI chatbot ChatGPT highlights the top six altcoins that could become the next Shiba Inu, including FLOKI, KISHU, ELON, and SAITAMA.
Shiba Inu has seen one of the biggest rallies of the 2020/2021 bull cycle, leaving many investors speechless. Reports confirm that its price has soared by over 45,000,000% between August 2020 and October 2021, reaching a new all-time high (ATH) of $0.00008845.
The Shiba Inu’s meteoric rise has made many investors millionaires overnight. As a result, market participants who missed out on the rise have been focused on finding the next Shiba Inu that could potentially see a similar price surge.
Looking for the next Shiba Inu
Finding the next Shiba Inu could be difficult, given the number of tokens on the market. CoinGecko data suggests that at least 5,300 tokens are deployed to the market daily, with over 540,000 tokens launched this year by April 2024.
Most of these tokens are memecoins, with some tactically adding “Inu” to their name as part of a larger trend that started with Shiba Inu. Still, there’s no guarantee they can replicate SHIB’s success in 2021.
ChatGPT Highlights Top 6 Contenders to Become the Next Shiba Inu
However, amidst the continued search for investors, we have employed ChatGPT services to find possible answers. According to the famous AI chatbot, finding the next Shiba Inu involves identifying tokens with rapid growth potential, vibrant communities, and real-world use cases.
Interestingly, ChatGPT highlighted six altcoins that are potential contenders to become the next Shiba Inu.
Floki (FLOKI)
Topping the list is Floki (FLOKI), a memecoin named after Elon Musk’s Shiba Inu dog, Floki. It was created in July 2021 to combine real-world utilities with memecoins. Thanks to its aggressive marketing and burning campaignFLOKI has gained considerable popularity in the industry, which has helped him build a vibrant community on social media.
At press time, FLOKI is trading at $0.0001477, with a daily decline of 11.3%. It is currently down 57.67% from its ATH of $0.0003462, recorded on June 5, 2024. FLOKI is the 55th largest token, with a valuation of $1.44 billion.
Kishu Inu (KISHU)
The second token in the list of contenders for the title of the next Shiba Inu is KISHU. Launched on April 17, 2021, KISHU is a meme-inspired token that aims to create a decentralized ecosystem that includes NFTs and a decentralized exchange. ChatGPT noted that KISHU shares similarities with Shiba Inu in terms of community engagement and marketing strategies.
At the current exchange rate of $0.0000000003743, KISHU is down 5.08%. It has plunged 98.14% from its ATH of $0.00000002, recorded on March 14, 2021. The memecoin is ranked as the 618th largest token with a valuation of $34.62 million.
Safety Moon (SAFEMOON)
ChatGPT ranked Safemoon as the third asset capable of replicating Shiba Inu’s feat in 2021. SAFEMOON, which was launched in March 2021, has managed to garner considerable attention in the crypto space due to its unique tokenomics. Some of its key features include burns, a static reward system, and automatic LP acquisition.
Like Shiba Inu, SAFEMOON has a vibrant community behind it, which continues to drive its adoption. It is currently trading at $0.00003005, down 1% in the past day. SAFEMOON has a market cap of $16.73 million, making it the 1,030th largest token. It recorded its ATH of $0.003383 on June 5, 2022, and has plunged 99.1% since then.
Dogelon Mars (ELON)
Inspired by Dogecoin and American businessman Elon Musk, Dogelon Mars was launched on April 23, 2021. Its focus is on community initiatives and space-themed marketing. ELON has gained popularity due to its vibrant community support and memecoin appeal.
Ranked as the 406th largest cryptocurrency, ELON has a market cap of 77.37 million, with a token value of $0.0000001408. It is currently down 99.57% from its all-time high of $0.00003263, observed on July 31, 2021.
EverGrow Coin (EGC)
Launched in September 2021, EverGrow Coin is a deflationary token designed to provide holders with passive income through transaction fees and burn mechanisms. EGC’s focus is centered on rewarding holders and developing a sustainable ecosystem.
With a token value of 0.00000007575, EGC is down 5.79% in the daily charts and 97.76% from its ATH of $0.000003379. EGC is ranked as the 4,529th largest cryptocurrency, with a valuation of $35.34 million.
Saitama Inu (SAITAMA)
The latest coin in the list of contenders for the title of the next Shiba Inu is Saitama Inu (SAITAMA). It began trading on May 30, 2021, and has evolved over the years to become Saitachain Coin.
The ecosystem team behind the token is focused on providing financial services to everyone, especially the unbanked and underbanked. Their goal is to create a transparent and community-driven ecosystem with educational resources.
SAITAMA is currently trading at $0.0009465 per token, down 4.51% in the last 24 hours. With a market cap of $40.11 million, the token ranks 573rd on CoinMarketCap.
At the same time, ChatGPT encouraged investors to do their due diligence before investing in any of the aforementioned tokens. This is because these assets, like most meme coins, are highly volatile and carry enormous risks. There is no guarantee that any of them will see significant gains in the future.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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