Meme Coins Make a Comeback: AI Predictions Point to DOGE, SHIB, and PEPE
The meme coin sector has seen significant interest and growth in previous bull cycles, but recent months have brought a sharp decline. Three AI chatbots were asked to assess which of these coins might make a revival and turn into sensations this month.
ChatGPT stated that Dogecoin (DOGE) remains the safest bet for September due to its size, liquidity, and recognition in the crypto community. OpenAI's platform noted that DOGE is still the largest meme coin, with whales purchasing a significant amount of it lately, potentially setting the stage for a price uptrend.
The same AI chatbot argued that Shiba Inu (SHIB) offers more upside than DOGE but pointed out its huge circulating supply as a major obstacle to a price rally. ChatGPT also mentioned PEPE as the most speculative of the leading meme coins and classified Pudgy Penguins (PENGU) as 'the strongest alternative candidate.'
Perplexity presented a different answer, claiming that DOGE's potential upside may be more steady than parabolic in the next four weeks. It stated that PEPE is unlikely to experience a decisive breakout within this period, while Shiba Inu has the best chances.