Shiba Inu (SHIB) and Dogecoin (DOGE) have been at each other for over three years. SHIB and DOGE are the top memecoins by market capitalization and are the only memecoins among the top 20 projects.
While Dogecoin (DOGE) has the advantage of being first, Shiba Inu (SHIB) has seen a meteoric rise in just three years of launching. Both projects have a loyal community, with adoption increasing every year.
Also Read: Shiba Inu: Justin Sun Invested $3.5 Million in SHIB, LINK, & Others.
However, only one can take the memecoin crown.
Shiba Inu vs. Dogecoin: Google’s Bard predicts 2024 winner
According to Google’s Bard AI (Artificial Intelligence), several factors could affect SHIB’s and DOGE’s trajectory. The AI chatbot points to community efforts and market sentiment as potential factors impacting both memecoin’s prices. Bard provides two scenarios for Shiba Inu (SHIB) and Dogecoin (DOGE).
In a bullish scenario, SHIB could hit a maximum price of $0.000020, an increase of over 115% from current levels. However, the project needs significant ecosystem development and more utility.
Dogecoin (DOGE), in a bullish scenario, could reach a peak price of $0.40, an increase of over 470% from current levels. However, Bard highlights that the token will need hype, celebrity endorsements, market sentiment, or mainstream adoption.
Also Read: Shiba Inu: ChatGPT Predicts SHIB Price For 2024
In a bearish scenario, Shiba Inu’s (SHIB) price could tank to $0.000005, a drop of around 44% from current levels. The plummet could be due to unforeseen events, regulatory crackdowns, or a market crash.
Dogecoin (DOGE), in a bearish scenario, could fall to $0.06, a drop of around 14% from current levels.
According to Google’s Bard AI, Dogecoin (DOGE) may emerge victorious in its race against SHIB in 2024. However, Bard does not directly crown a definitive winner. Some factors could impact both tokens, and the results may vary.