{"id":26646,"date":"2024-12-08T07:26:41","date_gmt":"2024-12-08T07:26:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=26646"},"modified":"2024-12-08T07:26:41","modified_gmt":"2024-12-08T07:26:41","slug":"can-pepe-surpass-shiba-inu-by-2024s-end-chatgpt-answers","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=26646","title":{"rendered":"Can PEPE Surpass Shiba Inu by 2024\u2019s End? ChatGPT Answers"},"content":{"rendered":"

TL:DR;<\/strong><\/p>\n

PEPE continues to make the headlines as it broke its November all-time high yesterday and charted a fresh one following a 20% daily surge.
\nAlthough it has closed the gap with Shiba Inu in terms of market cap, it\u2019s still pretty significant. However, the question arises of whether it can become the second-biggest in its niche.<\/p>\n

<\/a><\/p>\n

PEPE vs SHIB<\/h2>\n

CryptoPotato<\/em> reported<\/a> yesterday PEPE\u2019s impressive run. After a few weeks of sideways trading and even retracements from its November 13 peak<\/a>, the meme coin went on an impressive run that resulted in tapping a new high of over $0.000026.<\/p>\n

Although it has lost some traction since then, PEPE is still well above $0.000025, and its market cap is just shy of $11 billion. This is still far from SHIB\u2019s $19 billion, but PEPE has continuously outperformed in the past month with gains of 135% compared to Shiba Inu\u2019s more modest 70%.<\/p>\n

This has led the community to speculate on whether it is a question of when and not if PEPE will surpass SHIB and become the second-largest meme coin by market cap.<\/p>\n

there is no timeline where $pepe<\/a> doesn\u2019t flip shib this cycle.<\/p>\n

global pepe recognition and mindshare is too big, absolutely inevitable imo. pic.twitter.com\/EzZU9IE2oE<\/a><\/p>\n

\u2014 Bluntz (@Bluntz_Capital) November 17, 2024<\/a><\/p>\n\n

During its surge on Saturday, PEPE also managed to outplace SHIB in terms of trading volume, and by a significant margin, according to on-chain data.<\/p>\n

$PEPE<\/a> is now the 5th most traded cryptocurrency, excluding stablecoins, with an almost 3x larger 24-hour volume than $SHIB<\/a>. pic.twitter.com\/NgBL6QIoC0<\/a><\/p>\n

\u2014 Chandler Bing (@chandlerbingpl) December 7, 2024<\/a><\/p>\n\n

What Does ChatGPT Say?<\/h2>\n

While the community is highly bullish now for PEPE, perhaps driven by the hype from the latest ATH, we decided to ask the popular AI chatbot about its opinion on the matter. It admitted that PEPE has \u201cdemonstrated significant growth potential in 2024,\u201d adding that it has \u201cfrequently outperformed Shiba Inu (SHIB) in various timeframes.\u201d<\/p>\n

It noted that PEPE has attracted substantial whale activity and high trading volumes, but Shiba Inu\u2019s ecosystem, including the Layer-2 network<\/a>, \u201cprovides it with more tangible utility than PEPE, which primarily relies on community momentum and market hype.\u201d<\/p>\n

Consequently, ChatGPT concluded that such a flippening is \u2018unlikely,\u2019 at least in this timeframe.<\/p>\n

\u201cWhile analysts expect strong gains for PEPE, Shiba Inu\u2019s entrenched position as a larger and more established meme coin makes a complete flip unlikely in the short term unless a significant shift occurs in their respective ecosystems.\u201d<\/p>\n

The post Can PEPE Surpass Shiba Inu by 2024\u2019s End? ChatGPT Answers<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL:DR; PEPE continues to make the headlines as it broke its November all-time high yesterday and charted a fresh one following a 20% daily surge. Although it has closed the gap with Shiba Inu in terms of market cap, it\u2019s still pretty significant. However, the question arises of whether it can become the second-biggest in […]<\/p>\n","protected":false},"author":0,"featured_media":26647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26646"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26646"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/26647"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}