Shiba Inuhas been in contention with Dogecoin since its inception, with the two cryptocurrencies constantly trying to outperform each other. Both SHIB and DOGE have a fan following. Although both digital assets have been in decline this year, they have not lost their excitement and fame among investors. This puts Shiba Inu and Dogecoin in a unique position and stands apart from other tokens in the markets.
Since SHIB and DOGE are in a downtrend, will one outperform the other next year in 2024? Leading artificial intelligence bot ChatGPT answered these questions. ChatGPT explains why Shiba Inu could overtake Dogecoin after the decline ends next year.
Shiba Inu May Outperform Dogecoin in 2024
ChatGPT laid out a scenario on how SHIB could outperform Dogecoin in 2024. According to ChatGPT, Shiba Inu could “easily outperform” Dogecoin if all its developments were published. The AI bot also explained that if SHIB’s ecosystem expands further, its price has a chance to rise later.
As Koinfinans.com reported, ChatGPT said, “SHIB can easily surpass Dogecoin if its development goals are achieved and its ecosystem expands successfully.” Upcoming releases in the ecosystem include SHIB: The Metaverse, ShibaSwap 2.0, ShibaNet, SHI stablecoin and Treat token.
Dogecoin, on the other hand, has little to no releases and its ecosystem is not growing as much as SHIB’s. As a result, SHIB has a chance to outperform Dogecoin as it generates use cases for transactions. Additionally, since last year, more businesses have announced that they will accept SHIB as payment.