TL;DR

• Solana-based meme cash may probably outperform Shiba Inu, relying on market assist and influential endorsements.
• Dogwifhat and Bonk Inu stand out for his or her latest positive aspects and trade listings, although overtaking Shiba Inu’s market dominance looks as if a tricky mission.

What Must Occur?

The meme coin sector has not too long ago made critical waves, with its market capitalization briefly surging above $60 billion. A few of the belongings of that kind producing probably the most curiosity resulting from their spectacular worth spikes are constructed on the Solana blockchain. As such, we determined to ask ChatGPT whether or not a type of can outperform Shiba Inu (SHIB).

The AI-powered chatbot estimated {that a} flippening is very “unpredictable and speculative” however nonetheless potential, assuming a number of components are in place. Bonk Inu (BONK), dogwifhat (WIF), Myro (MYRO), Slerf (SLERF), Ebook of Meme (BOME), or another Solana-based meme cash must generate a strong assist from traders and builders and ink important offers to have any possibilities.

Recall that Shiba Inu (SHIB) is the meme coin with the strongest group, whereas Dogecoin (DOGE), Pepe Coin (PEPE), and Floki Inu (FLOKI) comply with subsequent.

Technological developments, favorable market sentiment, and a optimistic regulatory atmosphere have been additionally talked about as important components.

Final however not least, ChatGPT reminded that the valuation of a sure meme coin can exponentially head north following endorsement from distinguished individuals, giving Elon Musk’s assist towards Dogecoin as instance.

“A brand new meme coin would want to foster a equally strong group or obtain endorsements from influential figures to problem Shiba Inu’s place,” the chatbot said.

WIF and BONK Appear to Have the Greatest Probability

The Solana-based meme coin with the most important market cap (as of the second of writing these strains) is dogwifhat (WIF). The asset, whose brand represents a canine carrying a beanie, skilled a 520% worth enhance on a month-to-month scale.

It additionally secured listings on main cryptocurrency exchanges comparable to Binance, Kucoin, Bybit, and extra. WIF additionally caught the attention of well-known business members, together with BitMEX’s co-founder Arthur Hayes, who posted a photograph of himself carrying a hat (remarking with the token’s image). He later highlighted WIF’s spike above the $2 mark, forecasting that the subsequent goal could possibly be $10.

Bonk Inu (BONK), which was significantly trending in December final 12 months, is the second-biggest Solana meme coin. Binance, Coinbase, and lots of different exchanges allowed buying and selling providers with the asset, and at one level, its market capitalization neared the $2.5 billion degree.

Nonetheless, Shiba Inu has a market cap of over $15 billion, making an eventual flippening fairly difficult (to say the least).

These prepared to take a more in-depth take a look at the various kinds of meme cash, their functions, specifics, and dangers, be happy to examine our video under: