We asked ChatGPT if PEPE could be the biggest meme coin this year.
TL; DR
PEPE has surged in value, solidifying itself as the third largest MAME coin.
ChatGPT has assessed its chances of becoming the largest in the space before the end of 2024.
What are the possibilities of PEPE?
The frog-themed meme coin – Pepe (PEPE) – is one of the leading crypto performers with a triple-digit price increase in the past week. In the year On November 14, it reached an all-time high of $0.00002438, with its market capitalization exploding over $10 billion. The review then backtracked a bit.
PEPE is currently the third largest Mame coin behind Dogecoin (DOGE) and Shiba Inu (SHIB). We decided to brainstorm ChatGPT AI by asking if it can become the biggest in the field before the end of 2024.
An advanced chatbot that enables interactive conversations Estimate This is not the case completely From the cardsbut he It depends on various factors. For one, PEPE He needs it Expand user base and community size and “establish practical use cases that resonate with a broad audience.”
Second, the frog-themed meme coin should get more support from leading exchanges. Details like this make PEPE even more. accessible, Increase May cause price increase. Remember the latest addition It was partly fuel By Coinbase and Robinhood, which It is allowed Marketing services with the property.
They are regulatory environment, market sentiment and assumptions next to Elements that can play a role (according to ChatGPT).
As of writing these lines, PEPE's market capitalization is around $9.1 billion. This That means a $45 billion gap between it and the industry leader. Dogecoin (DOGE)
Price forecasts
Many market watchers believe that PEPE could be on another rally in the short term. X user max He said he deserved it. The small price pullback seen on November 15th was a “local decline”.
“I think so We've got a local drop in the list price level, the faster we see the higher the response. Longs will wait to get in, underwater shorts will close near the breakout, and token sellers will buy back at this obvious point of interest. Recently higher. do not worry. “The frog is just getting started,” they thought.
Scientist shared the same concept, dDescribing the ongoing situation as a “false correction”, new highs may follow this weekend.
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