TL;DR Shiba Inu’s potential return to the top 10 hinges on expanding its ecosystem, like the continued progress of its L2 scaling solution, Shibarium. However, it faces growing competition from other meme coins. Dogecoin (DOGE), which seems poised for a good year due to Musk’s involvement in politics , remains its biggest rival. The Necessary Factors The popular meme coin performed quite well in 2024, and at one point, it had secured a position among the top 10 largest cryptocurrencies by market capitalization. Over the past several months, though, many of its rivals surpassed it. The self-proclaimed Dogecoin killer is currently the 19th-biggest digital asset, and we asked ChatGPT whether it can return to the top 10 club in 2025. The AI-powered chatbot said this is possible but requires several vital factors to be in place. First, it claimed that SHIB could climb the crypto ladder if its ecosystem continued to expand this year. One example is the further progress of the layer-2 scaling solution, Shibarium. The protocol, whose ultimate goal is to foster the development of the meme coin, recently reached a new milestone. As CryptoPotato reported , the total transactions processed on the network exceeded 800 million. Next on ChatGPT’s list is the potential growth of SHIB’s community in the next 12 months. The SHIB Army consists of millions of investors, developers, and proponents, and their collective actions, both positive and negative, can affect the token’s market performance. Third, the chatbot estimated that SHIB’s eventual rally this year would also depend on the overall crypto market conditions. The current bullish environment and the upcoming pro-crypto president of the United States – Donald Trump (according to his presidential campaign) – suggest that the following months could be beneficial to the industry. However, only time will show whether this will be the case. The Competition It is important to note that SHIB’s competitors and other new entrants may challenge SHIB to get a top position. Some examples include Pepe (PEPE), Pudgy Penguins (PENGU), ai16z (AI16Z), and more. Shiba Inu’s bigges t rival remains the largest meme coin in terms of market capitalization – Dogecoin (DOGE). According to many industry participants, the OG meme coin may also experience a great year. After all, Elon Musk – one of its biggest fans – will enter the US political scene. He will lead a designated agency called the Department of Government Efficiency (D.O.G.E.). Its main goal will be to reduce government spending and solve the problem of “the suffocating massive federal bureaucracy. “ However, many Dogecoin proponents have noticed that the division’s abbreviation is the same as their favorite coin, envisioning good days ahead for the dog-themed token during Musk’s leadership. The post We Asked ChatGPT if Shiba Inu (SHIB) Can Become a Top 10 Cryptocurrency This Year appeared first on CryptoPotato .
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Bitcoin Price Hit New Yearly Peak, Solana Explodes 10% Daily (Weekend Watch)
Bitcoin’s price ascent continued in the past 24 hours as the asset jumped to $106,000 for the first time this year where it was stopped and pushed south by around three grand. The altcoins have finally started to retreat after the recent gains, aside from SOL, which has emerged as today’s top gainer. BTC Stopped at $105K The highly volatile trading week began with a massive price drop for the largest cryptocurrency that pushed it from $96,000 to a multi-month low of $89,200 (on Bitstamp). After losing so much value within a day, the bulls finally intercepted the asset’s freefall at this point and reversed its trajectory. Within 24 hours, BTC had regained more than seven grand and stood at around $97,000. The US CPI numbers that were announced on Wednesday brought even more gains, somewhat surprisingly, and bitcoin jumped to $98,500 and then kept climbing toward $100,000. After a minor rejection there, the cryptocurrency flew past that coveted level. The culmination transpired yesterday when the asset jumped to its highest levels since the all-time high in mid-December of $106,000. However, it couldn’t continue toward the peak of over $108,000 and started to lose value. As of now, BTC trades at $103,000, which has pushed its market cap to almost $2.050 trillion on CG. Its dominance over the alts is also on the rise, close to 55%. BTCUSD. Source: TradingView SOL Defies the Odds Many altcoins charted notable gains in the past few days but have gone into a retracement mode today. XRP has been at the forefront, coming 1% away from a new all-time high at $3.4 . However, it was stopped there and now struggles at $3.1. Ethereum has dropped below $3,300, BNB is at $700, DOGE is under $0.4, and ADA has lost the $1.1 level. More losses come from AVAX, XLM, SHIB, HBAR, DOT, and others. In contrast, SOL has soared by 10% and has tapped its highest level since early December of almost $240. The total crypto market cap has declined slightly since yesterday’s peak, but it is still above $3.7 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Bitcoin Price Hit New Yearly Peak, Solana Explodes 10% Daily (Weekend Watch) appeared first on CryptoPotato . Crypto Potato
Traders Are Eyeing XRP’s Price Surge and Ozak AI Sets Its Sights on Similar Gains
The post Traders Are Eyeing XRP’s Price Surge and Ozak AI Sets Its Sights on Similar Gains appeared first on Coinpedia Fintech News OZAK aims to take over the AI crypto industry with their disruptive technologies. Sports analytics is on the verge of boiling over with more and more people trying to get into the space as is evidenced by the industry boom in sales. While in the second stage of its presale, $OZ tokens are currently selling for $0.002 each with a target listing price of $0.05. Additionally, a forecasted price target of $1 shows significant potential for growth. Ozak AI takes the present AI data and creates smarter, more informed options for investment in the long run. With this strategy, optimising and streamlining work with intelligent decision support tools that operate on logical rules is possible. With such abilities paired with intelligent models, it becomes an essential tool for investors as it reduces risk management costs and dependency on external changes to achieve the desired goal. Ozak AI relies heavily on cross-analysis and AI-based market prediction to manage and invest funds in the most effective way possible. Due to their unique focus, the significant emphasis on AI as a service in cost-sensitive industries makes Ozak more money. How To Buy $OZ Tokens in Presale? This is the Next 100X Crypto XRP Price Surge XRP’s recent price surge reflects renewed confidence among investors, fueled by optimism about Ripple Labs’ ongoing legal battle with the SEC. The increase highlights the market’s expectation of a favourable outcome, which could solidify XRP’s position as a key player in cross-border payments. Yes! This surge signifies the potential for future gains for new investors but also underscores the volatility inherent in the crypto market. It’s a pivotal moment for XRP enthusiasts and sceptics alike. Phase 2 Presale: A Chance to Invest Early The ongoing presale Phase 2 draws attention from investors eager to capitalise on Ozak AI’s ambitious roadmap. Starting at just $0.001, the current price of $0.002 offers a chance to invest before the token potentially reaches its target price of $1. After the presale, the token is expected to list at $1, providing early investors with an opportunity to benefit from Ozak AI’s innovative technology and utility-driven tokenomics, positioning it as a strong contender in the AI crypto space. Conclusion The adoption of the platform is increasing and utilizing the $OZ token within such a platform will create the required utility and demand implications. The token will serve the purpose of enabling the users to utilize the variety of predictive services offered by Ozak AI thereby creating a sustainable demand cycle. For more information about Ozak AI, visit the links below: Website: https://ozak.ai/ Twitter/X: https://x.com/OzakAGI Telegram: https://t.me/OzakAGI Crypto Potato