{"id":14064,"date":"2024-05-19T15:29:25","date_gmt":"2024-05-19T19:29:25","guid":{"rendered":"https:\/\/sikaoer.com\/which-meme-coin-will-perform-best-this-year\/"},"modified":"2024-05-19T15:29:25","modified_gmt":"2024-05-19T19:29:25","slug":"which-meme-coin-will-perform-best-this-year","status":"publish","type":"post","link":"https:\/\/sikaoer.com\/which-meme-coin-will-perform-best-this-year\/","title":{"rendered":"Which Meme Coin Will Perform Best This Year"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Dogecoin and Shiba Inu are top meme coin contenders for 2024, with DOGE benefiting from endorsements and a strong community, while SHIB has shown significant yearly gains.<\/li>\n<li>ChatGPT also outlined the chances of Pepe (PEPE), dogwifhat (WIF), and Bonk Inu (BONK) due to their recent price rallies and solid support base.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><\/span><\/h2>\n<h2>DOGE and SHIB Are Among the Contenders<\/h2>\n<p><span data-preserver-spaces=\"true\">The meme coin sector has captured the attention of industry participants in the past several months, with numerous assets experiencing substantial price surges. The niche witnessed the progress of some recently launched<\/span><span data-preserver-spaces=\"true\">\u00a0tokens and the success of others that have been part of the industry for years.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Considering the\u00a0<\/span><span data-preserver-spaces=\"true\">huge<\/span><span data-preserver-spaces=\"true\">\u00a0interest in the topic, we decided to ask ChatGPT which meme coin will perform the best in 2024. The AI-powered chatbot started its estimation with the leaders\u00a0<\/span><span data-preserver-spaces=\"true\">in terms of<\/span><span data-preserver-spaces=\"true\">\u00a0market capitalization \u2013 Dogecoin and Shiba Inu.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite being created as a joke in 2013, DOGE saw a remarkable rally in the past few years, reaching an all-time high of over $0.70 in 2021. Currently, it hovers around the $0.15 mark, which represents a substantial plunge from the peak but also a 100% increase compared to the figures observed in May 2023.<\/span><\/p>\n<figure id=\"attachment_332430\" aria-describedby=\"caption-attachment-332430\" style=\"width: 566px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-332430\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA4MzYgNTkxIiB3aWR0aD0iODM2IiBoZWlnaHQ9IjU5MSIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwNSUyRkRPR0UtUHJpY2UtMy5wbmciIGRhdGEtdz0iODM2IiBkYXRhLWg9IjU5MSIgZGF0YS1iaXA9IiI+PC9zdmc+\" data-spai=\"1\" alt=\"DOGE Price\" width=\"566\" height=\"400\"\/><figcaption id=\"caption-attachment-332430\" class=\"wp-caption-text\">DOGE Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The asset has a devoted community, while endorsements from high-profile figures like Tesla\u2019s CEO Elon Musk are beneficial for its performance.\u00a0<\/span><span data-preserver-spaces=\"true\">Not long ago,<\/span><span data-preserver-spaces=\"true\">\u00a0the EV giant officially\u00a0<\/span><span data-preserver-spaces=\"true\">integrated<\/span><span data-preserver-spaces=\"true\">\u00a0DOGE as a payment option on its website.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Shiba Inu (SHIB) \u2013 known as the Dogecoin killer \u2013 has also made great strides. Its price is up over 180% yearly, while a recent study estimated that it has the\u00a0<\/span><span data-preserver-spaces=\"true\">strongest<\/span><span data-preserver-spaces=\"true\"> supporter base in the meme coin realm.<\/span><\/p>\n<figure id=\"attachment_332431\" aria-describedby=\"caption-attachment-332431\" style=\"width: 577px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-332431\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA4MzggNTgxIiB3aWR0aD0iODM4IiBoZWlnaHQ9IjU4MSIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwNSUyRlNISUItUHJpY2UtNS5wbmciIGRhdGEtdz0iODM4IiBkYXRhLWg9IjU4MSIgZGF0YS1iaXA9IiI+PC9zdmc+\" data-spai=\"1\" alt=\"SHIB Price\" width=\"577\" height=\"400\"\/><figcaption id=\"caption-attachment-332431\" class=\"wp-caption-text\">SHIB Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Its future success relies on multiple factors, such as the further development of its layer-2 blockchain solution \u2013 Shibarium, its burning mechanism, adoption levels, and overall investor interest.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is worth noting that<\/span><span data-preserver-spaces=\"true\">\u00a0the L2 network recently\u00a0<\/span><span data-preserver-spaces=\"true\">underwent<\/span><span data-preserver-spaces=\"true\">\u00a0two\u00a0<\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\">\u00a0upgrades aimed at improving user experience and enabling compatibility with popular wallets, including MetaMask, Coinbase Wallet, and Trust Wallet.<\/span><span data-preserver-spaces=\"true\">\u00a0Those interested in learning more about Shibarium, feel free to take a look at our dedicated video below:<\/span><\/p>\n<\/p>\n<h2>The Chances of the Rivals<\/h2>\n<p><span data-preserver-spaces=\"true\">ChatGPT continued its prediction with Pepe (PEPE), noting its solid community and recent price rally. As <\/span><span data-preserver-spaces=\"true\">CryptoPotato<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">reported<\/span><span data-preserver-spaces=\"true\">, the frog-themed meme coin hit a new all-time high on May 15, with its market cap nearing the $5 billion milestone.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Subsequently, the chatbot claimed that dogwifhat (WIF) and Bonk Inu (BONK) also have chances to finish 2024 as the niche\u2019s top performers. Both assets are built on the Solana blockchain and have become<\/span><span data-preserver-spaces=\"true\">\u00a0sensations in the past months.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">WIF gained support from prominent industry participants such as <\/span><span data-preserver-spaces=\"true\">Arthur Hayes<\/span><span data-preserver-spaces=\"true\">, while<\/span><span data-preserver-spaces=\"true\"> fans of the token recently <\/span><span data-preserver-spaces=\"true\">raised<\/span><span data-preserver-spaces=\"true\">\u00a0$650,000 to put its logo on the Sphere \u2013 a famous entertainment arena in Las Vegas, Nevada.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cWIF has garnered a strong community following and significant attention on social media, which are crucial for the success of meme coins. Its current market cap and trading volume indicate a solid interest from investors,\u201d ChatGPT stated.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">At one point this year, WIF\u2019s market cap spiked to almost $5 billion, becoming the third-biggest in the cohort. Currently, it\u00a0<\/span><span data-preserver-spaces=\"true\">is placed<\/span><span data-preserver-spaces=\"true\">\u00a0fourth, trailing behind PEPE.<\/span><\/p>\n<figure id=\"attachment_332429\" aria-describedby=\"caption-attachment-332429\" style=\"width: 578px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-332429\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA4NTAgNTg4IiB3aWR0aD0iODUwIiBoZWlnaHQ9IjU4OCIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwNSUyRldJRi1NQy5wbmciIGRhdGEtdz0iODUwIiBkYXRhLWg9IjU4OCIgZGF0YS1iaXA9IiI+PC9zdmc+\" data-spai=\"1\" alt=\"WIF Market Cap\" width=\"578\" height=\"400\"\/><figcaption id=\"caption-attachment-332429\" class=\"wp-caption-text\">WIF Market Cap, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">BONK\u2019s success has been just as impressive. Launched in December 2022, it started making the headlines towards the end of 2023 after an exponential price rally. Its uptick\u00a0<\/span><span data-preserver-spaces=\"true\">was fueled<\/span><span data-preserver-spaces=\"true\">\u00a0by significant hype from investors and support from leading cryptocurrency exchanges.\u00a0<\/span><span data-preserver-spaces=\"true\">Binance<\/span><span data-preserver-spaces=\"true\">, Bybit, and Coinbase are\u00a0<\/span><span data-preserver-spaces=\"true\">among<\/span><span data-preserver-spaces=\"true\">\u00a0the leaders allowing trading services with BONK.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to ChatGPT, the meme coin may advance even more before the end of 2024 as long as it benefits from the potential growth of the Solana ecosystem.\u00a0<\/span><\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details).<\/p>\n<p><b>LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!<\/b><\/p>\n<\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/chatgpt-compares-which-meme-coin-will-perform-best-this-year\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Dogecoin and Shiba Inu are top meme coin contenders for 2024, with DOGE benefiting from endorsements and a strong community, while SHIB has shown significant yearly gains. ChatGPT also outlined the chances of Pepe (PEPE), dogwifhat (WIF), and Bonk Inu (BONK) due to their recent price rallies and solid support base. DOGE and SHIB [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-14064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which Meme Coin Will Perform Best This Year - Sikaoer - The Best Crypto News Site.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sikaoer.com\/which-meme-coin-will-perform-best-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which Meme Coin Will Perform Best This Year\" \/>\n<meta property=\"og:description\" content=\"TL;DR Dogecoin and Shiba Inu are top meme coin contenders for 2024, with DOGE benefiting from endorsements and a strong community, while SHIB has shown significant yearly gains. 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ChatGPT also outlined the chances of Pepe (PEPE), dogwifhat (WIF), and Bonk Inu (BONK) due to their recent price rallies and solid support base. 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