The advanced AI chatbot known as ChatGPT has pinpointed the most promising alternative cryptocurrencies that could see a surge if Bitcoin reaches $100,000. Emphasizing the robust backing from their communities and proven track records, Dogecoin (DOGE) and Shiba Inu (SHIB) were singled out as standout choices by the AI. Moreover, with the upcoming US Presidential elections looming, lesser-known altcoins such as TRUMP, BODEN, and KAMA under the PolitiFi category may also experience substantial growth.
Emphasis on DOGE and SHIB
The meme-based coins highlighted by ChatGPT have emerged as focal points in the cryptocurrency realm during the previous bullish market cycle. Shiba Inu, Dogecoin, and various memecoins based on Solana (SOL) witnessed notable surges in recent times, although these gains have tapered off due to market corrections. Nonetheless, an upturn in Bitcoin’s performance could rejuvenate the altcoin sector, especially the meme coin segment.
When posed with the question, “Which meme coin is likely to perform best if Bitcoin reaches $100,000?” by ChatGPT, the AI chatbot singled out DOGE and SHIB as primary contenders. It highlighted that these major meme coins boast solid community foundations and have historically mirrored the price upswings of Bitcoin.
DOGE has long maintained its prominence with backing from prominent individuals like billionaire Elon Musk, while SHIB is notable for its rapid ecosystem expansion. In August, the team behind SHIB introduced a Layer-2 scaling solution named Shibarium, aiming to hasten the development of Shiba Inu.
PolitiFi Altcoins to Monitor Pre-US Presidential Elections
Conversely, ChatGPT forecasts that less recognized PolitiFi altcoins such as TRUMP, BODEN, and KAMA could witness significant spikes if Bitcoin achieves a new milestone like $100,000. These altcoins are poised to attract heightened attention with the imminent US Presidential elections nearing.
Altcoins associated with Trump, particularly TRUMP, might witness substantial movements if the Republican contender secures victory, while BODEN could experience a surge if the current political figure retains his White House position. Additionally, KAMA has surged over a thousand percent in the last month, riding on speculation that Harris could replace Biden in the presidential race.