ChatGPT Predicts Which Will Hit $1 First And Shares a Better Token to Invest In

Dogecoin trades at $0.194 and has a market capitalization of more than $30 billion, cementing Its Position as the leading meme coin. Even though DOGE has rallied significantly in the past owing to endorsements from people like Elon Musk, its endless inflation token supply hampers its chances of hitting the $1 mark. Demand will have to exceed the new 5 billion DOGE release yearly to raise the price. In comparison, Shiba Inu is priced at $0.00001272, and its market capitalization is nearing $8 billion. Unlike DOGE, SHIB has an organized supply reduction system that enhances the coin’s potential for long-term price growth. Conversely, SHIB’s journey to $1 will stay difficult because of its vast circulating supply. To reach that milestone, trillions of SHIB tokens would need to be burned or absorbed by extraordinary market demand, making such a move highly improbable.