ChatGPT predicts 6 Altcoins that could be the next Shiba Inu

Popular AI chatbot ChatGPT highlights the top six altcoins that could potentially become the next Shiba Inu, including FLOKI, KISHU, ELON, and SAITAMA
Shiba Inu achieved one of the most remarkable surges during the 2020/2021 bull market cycle, leaving many investors in awe. Reports confirm that its price skyrocketed by over 45,000,000% from August 2020 to October 2021, reaching an all-time high of $0.00008845
Shiba Inu’s staggering rise made many investors millionaires overnight. Consequently, those who missed the surge have been focused on finding the next token that might experience a similar price explosion
Finding the Next Shiba Inu
With so many tokens in the market, identifying the next Shiba Inu can be challenging. According to CoinGecko, at least 5,300 tokens are deployed to the market daily, with over 540,000 tokens launched this year as of April 2024
Most of these tokens are meme coins, with some cleverly incorporating “Inu” in their names, continuing a broader trend started by Shiba Inu. Nevertheless, there is no guarantee that they will replicate SHIB’s success story from 2021
ChatGPT Highlights the Top 6 Contenders for Becoming the Next Shiba Inu
However, in the ongoing search by investors, we utilized ChatGPT’s services to find possible answers. According to the popular AI chatbot, identifying the next Shiba Inu requires recognizing tokens with rapid growth potential, a vibrant community, and real-world use cases
Interestingly, ChatGPT has highlighted six altcoins that could be potential competitors for becoming the next Shiba Inu
Floki (FLOKI)
Topping the list is Floki (FLOKI), a meme coin named after Elon Musk’s Shiba Inu Floki. Launched in July 2021, it aims to combine real-world utility with meme coin characteristics. With its active marketing and burn activities, FLOKI has gained significant popularity in the industry, helping it build a vibrant community on social media
As of the time of writing, FLOKI is trading at $0.0001477, with a daily drop of 11.3%. It is currently down 57.67% from its all-time high of $0.0003462 recorded on June 5, 2024. FLOKI is the 55th largest token, valued at $1.44 billion
Kishu Inu (KISHU)
The second token on the list of competitors to become the next Shiba Inu is KISHU. Launched on April 17, 2021, KISHU is a meme-inspired token designed to build a decentralized ecosystem featuring NFTs and decentralized exchanges. ChatGPT notes that KISHU shares similarities with Shiba Inu in terms of community engagement and marketing strategies
At the current rate of $0.0000000003743, KISHU is down by 5.08%. It has plummeted 98.14% from its all-time high of $0.00000002 recorded on March 14, 2021. The meme coin ranks 618th with a valuation of $34.62 million
Safemoon (SAFEMOON)
ChatGPT lists Safemoon as the third asset capable of replicating Shiba Inu’s 2021 feat. SAFEMOON launched in March 2021 and drew considerable attention in the cryptocurrency space due to its unique tokenomics. Some of its core features include burns, a static rewards system, and automatic LP acquisition
Like Shiba Inu, SAFEMOON boasts a vibrant community that continues to drive its adoption. It is currently trading at $0.00003005, down 1% over the past 24 hours. SAFEMOON has a market cap of $16.73 million, making it the 1030th largest token. Its all-time high was $0.003833 on June 5, 2022, since which it has dropped 99.1%
Dogelon Mars (ELON)
Inspired by Dogecoin and American businessman Elon Musk, Dogelon Mars launched on April 23, 2021. Its focus is on community-driven initiatives and space-themed marketing. ELON has gained popularity due to its vibrant community support and meme coin appeal
ELON is listed as the 406th largest cryptocurrency, with a market cap of $77.37 million and a token price of $0.0000001408. It is currently down 99.57% from its all-time high of $0.00003263 recorded on July 31, 2021
EverGrow Coin (EGC)
EverGrow Coin launched in September 2021 as a deflationary token aimed at providing passive income to holders through transaction fees and burn mechanisms. EGC focuses on rewarding holders and developing a sustainable ecosystem
The token is priced at $0.00000007575, down 5.79% on the daily chart, and has decreased by 97.76% from its all-time high of $0.000003379. EGC ranks 4529th among cryptocurrencies, with a valuation of $35.34 million
Saitama Inu (SAITAMA)
The final token on the list of potential Shiba Inu competitors is Saitama Inu (SAITAMA). Launched on May 30, 2021, it has evolved over the years into Saitachain Coin
The team behind the token’s ecosystem focuses on providing financial services to everyone, particularly the unbanked and underbanked. Its emphasis is on building a transparent and community-driven ecosystem through educational resources
SAITAMA is currently trading at $0.0009465 per token, down 4.51% in the past 24 hours. The token has a market cap of $40.11 million, ranking 573rd on CoinMarketCap
Meanwhile, ChatGPT encourages investors to conduct due diligence before investing in any of the aforementioned tokens. This is because these assets, like most meme coins, are highly volatile and carry significant risks. There is no guarantee that any of them will make significant progress in the future