CoinWire reports:
TL; Doctor
ChatGPT emphasizes that if Bitcoin reaches $100,000, two cryptocurrencies may perform well due to strong community support and historical performance. Lesser-known memes like MAGA (TRUMP), Jeo Boden (Boden), and Kamala Horris (KAMA) could also profit, influenced additionally by the upcoming US presidential elections.
ChatGPT identifies these memes
Throughout recent bullish cycles, meme coins have been the rock stars of the crypto world, with Shiba Inu (SHIB), Dogecoin (DOGE), and several Solana-based tokens seeing significant gains in recent months. However, their progress has recently stalled amid ongoing market adjustments.
A pivotal factor capable of revitalizing this sector is Bitcoin’s resurgence. Hence, we posed an intriguing question to ChatGPT’s AI brain: “If BTC hits $100,000, which meme coin would perform the best?”
The chatbot claims such forecasts are speculative but places Dogecoin and SHIB as primary contenders. It reminds that in terms of market cap, the largest meme coins boast the strongest community foundations and have often followed BTC’s price uptrends.
ChatGPT also notes that with endorsements from notable figures like Elon Musk, DOGE has reached its pinnacle within its domain, while SHIB has been rapidly expanding its ecosystem recently.
Reflecting on last August, the team behind the second-largest meme coin launched its layer-two scaling solution—Shibarium. This protocol aims to enhance Shiba Inu’s development by boosting speed, lowering transaction costs, and improving scalability. For more updates on this, be sure to check out our Shibarium news.
What about these lesser-known contenders?
Beyond lauding DOGE and SHIB, ChatGPT also suggests that certain PolitiFi tokens stand a chance to rise if BTC hits historic highs. Figures depicted include MAGA (Trump), Jeo Boden (Boden), and Kamala Horris (KAMA).
It is noteworthy that the aforementioned memes are likely to be influenced by the upcoming US presidential elections scheduled for November this year. Assets associated with Trump could rebound if the Republican nominee wins, whereas Boden might surge if the incumbent political leader retains the highest office in the White House.
KAMA has recently been one of the best-performing companies in the market, with monthly gains exceeding 1000%. There have been rumors suggesting that US Vice President Kamala Harris could replace Joe Biden in the presidential elections, following his somewhat unconvincing performance in late June debates against Donald Trump.
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We Asked ChatGPT Which Meme Coin Will Perform Best if Bitcoin BTC Hits 100000
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