Price: $0.37278 1.9675%
Market Cap: 54.74B 1.7724%
Volume (24h): 6.97B 0.4%
Dominance: 1.7724%
Price: $0.37278 1.9675%
Market Cap: 54.74B 1.7724%
Volume (24h): 6.97B 0.4%
Dominance: 1.7724% 1.7724%
  • Price: $0.37278 1.9675%
  • Market Cap: 54.74B 1.7724%
  • Volume (24h): 6.97B 0.4%
  • Dominance: 1.7724% 1.7724%
  • Price: $0.37278 1.9675%
Home > video > This is the reason, Shiba Inu is considered to be able to replace the position of Doge Coin

This is the reason, Shiba Inu is considered to be able to replace the position of Doge Coin

Release: 2023/12/29 16:39 Reading: 0

Original author:Pojok Investasi

Original source:https://www.youtube.com/embed/CO6ufK3sS7M

In this video, we'll be exploring the possibility of Shiba Inu (SHIB) surpassing its rival, Dogecoin (DOGE), and sharing ChatGPT's perspective on this matter. Let's dive in!

Crypto Market Volatility
The crypto market is ever-changing, and aside from Bitcoin (BTC) and Ethereum (ETH), no asset holds a monopoly in maintaining a static ranking in the current market.

Therefore, The Crypto Basic sought to investigate the possibility of Shiba Inu, with a market capitalization of approximately $6,180,128,056, surpassing Dogecoin, with a market cap of about $13,042,119,120.

To achieve this, Shiba Inu needs to grow more than double its current price of $0.00001049, a feasible yet challenging feat.

ChatGPT's Projections
When we asked ChatGPT about the possibility of Shiba Inu overtaking Dogecoin in rankings, OpenAI's chatbot initially refused due to its policy against speculating on crypto-based subjects. However, the Jailbreak response provided the insights we were looking for.

The chatbot acknowledged that SHIB could displace DOGE based on current trends and crucial ecosystem factors. Firstly, it pointed out the continuously growing popularity of Shiba Inu within its community, driven by "community-driven marketing and speculative interest."

Shiba Inu indeed boasts one of the largest communities in the digital currency ecosystem, as measured by mentions on the X app.

To complement this, ChatGPT mentioned that despite Dogecoin's dominance, the project lacks a "technological advantage," implying Dogecoin doesn't have a relatable use case.

Additionally, the AI chatbot stated that Dogecoin's growth relies on sentiment and celebrity endorsements, factors it cannot always depend on.

Shiba Inu's Advantage
Significantly, Shiba Inu also relies on community sentiment to fuel its growth, but over time, it has successfully added an essential utility through Shibarium.

With this Ethereum-based Layer-2 protocol, Shiba Inu hopes to attract more users and increased demand for DApps associated with it, ultimately driving the growth of SHIB in the long term.

Shiba Inu's advantage will become more apparent with the advent of newer technologies that might ultimately make Dogecoin less attractive in the long run.
#shib #shibainu #shibnews #shibpriceprediction #dogecoin #doge #dogenews #dogepriceprediction

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