This Is How Shiba Inu (SHIB) Can Become the Largest Meme Coin in 2024
With Bitcoin hitting new all-time highs twice this week, the crypto community is perhaps rightfully speculating that the new bull cycle has already begun.
Meme coins have been at the forefront of the recent gains, with the two largest going at it, and a new battle has started – which one of them will be the largest during this run.
The gap between their market caps has narrowed in recent weeks and is under $4 billion, while it was at almost $10 billion in early February. So, after asking ChatGPT on its opinion on the matter, we decided to touch bases with its main rival – Perplexity – on what has to happen for Shiba Inu to surpass the OG meme coin – DOGE.
The duo has now become the 10th and 11th largest cryptocurrencies by market cap, with Dogecoin’s standing at just over $24 billion and SHIB’s at under $21 billion. The weekly gains represent the difference in their recent performance, as DOGE is up by 20%, while SHIB has soared by 75%, further reducing the gap
#EOS #BTC #FILUSD #