Connect with us
  • tg

Cryptocurrency

ChatGPT Gives Meme Coin Price Outlook: Dogecoin, Pepe, Sponge V2

letizo News

Published

on

Although the meme coin market has pulled back in the past week, traders are still trying to find the next big thing.

As a result, AI chatbot ChatGPT has waded into the action by offering its price analysis on some of the market’s hottest tokens.

From established players like Dogecoin (DOGE) and Pepe (PEPE) to emerging stars like Sponge V2 (SPONGEV2), which meme coins does ChatGPT believe could surge next?

ChatGPT Unpacks Dogecoin’s Recent Volatility

Leading the meme coin market is Dogecoin, the OG token that helped spark the craze.

DOGE’s price currently sits at $0.134 after a whirlwind few weeks.

ChatGPT notes that the coin experienced a 78% rally from January’s lows, peaking at $0.206 two weeks ago before pulling back substantially.

The AI model attributes Dogecoin’s wild swings to renewed interest and optimism around meme coins.

However, the pullback from its recent peak suggests an overheated rally – leading to profit-taking from traders.

Looking ahead, ChatGPT sees Dogecoin’s trajectory continuing to be influenced by its online community.

In a bullish scenario in which this community continues growing, and DOGE finds more use cases, ChatGPT believes the coin could target the $0.25 to $0.30 range by year’s end.

This assumes favorable market conditions, which are crucial to meme coins’ success.

ChatGPT Weighs In on PEPE’s Price Prospects

Another meme coin catching ChatGPT’s attention is Pepe, which recently hit an all-time high of $0.0000108 before returning to current levels around $0.00000723.

Despite the price retracement, the chatbot notes that hype around PEPE remains elevated, suggesting the loyal community could fuel another rally.

Like with Dogecoin, ChatGPT attributes PEPE’s recent peak to the overall buzz around meme coins.

PEPE’s all-time high likely stemmed from a frenzy of retail speculation that quickly cooled off once investors cashed out.

In the near term, ChatGPT expects some consolidation for PEPE as the market digests its recent price movements.

However, the AI model does believe that further buying pressure is likely if key support levels can be defended.

If demand does pick back up, ChatGPT sees PEPE potentially revisiting its ATH – or even pushing as high as $0.000015.

Conversely, dwindling interest in meme coins could put PEPE at risk of further retracements.

Polygon-Based Sponge V2 Attracts Bullish Price Prediction from ChatGPT

The meme coin that’s truly catching ChatGPT’s attention is Sponge V2 on Polygon.

The AI model is highly bullish on this project, pointing to its recent performance as a sign of immense potential in 2024.

After hitting an all-time high of $0.00423 on March 9, SPONGEV2 saw a pullback, yet it has rebounded 11% in the past 12 hours.

ChatGPT is optimistic that this rebound can be sustained, and SPONGEV2’s growing community of over 51,000 holders is fueling this optimism further.

According to ChatGPT, this community growth is likely due to Sponge V2’s upcoming play-to-earn (P2E) game and lucrative staking rewards.

ChatGPT also believes Sponge V2’s migration to the scalable Polygon chain provides a significant advantage by tapping into that ecosystem.

Putting everything together, ChatGPT has a bullish long-term view of Sponge V2.

If the developers can execute their roadmap and continue growing the holder base, ChatGPT believes SPONGEV2 could rise to $0.007 in the coming weeks.

This would represent a 159% increase from the token’s current value.

So, although SPONGEV2 may be going through a tough patch, ChatGPT believes the token still has upside potential under these circumstances.

Visit Sponge V2 Website

Shiba Inu & Dogecoin20 Also On ChatGPT’s Radar

While Sponge V2 seems to have captured ChatGPT’s imagination, the AI model hasn’t forgotten about other trending meme coins.

ChatGPT remains optimistic about the prospects for both Shiba Inu (SHIB) and the upcoming Dogecoin20 (DOGE20) project.

For SHIB, currently trading at $0.0000254, ChatGPT notes the token is currently in a sharp pullback.

However, the AI model believes SHIB’s extensive ecosystem and token-burning mechanisms could lay the foundation for a recovery.

If market sentiment improves, ChatGPT sees SHIB potentially reaching $0.000035 in the short-to-medium term – returning to where it was in early March.

The AI is even more bullish on Dogecoin20, which has raised over $3.7 million in its ongoing presale at $0.000202 per token.

ChatGPT cites Dogecoin20’s high-yield staking protocol and imminent Uniswap launch as catalysts that could generate major hype in the near future.

Assuming the presale momentum continues, ChatGPT believes the new token could rocket to as high as $0.004 this year.

Should this scenario play out, it would represent an enormous 1,880% increase from the current DOGE20 price.

Visit Dogecoin20 Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

Cryptocurrency

Dogecoin Millionaire Says to Watch Pepe, Neiro Ethereum, Brett for the Next Crypto Bull Run: What About Pepe Unchained?

letizo News

Published

on

Glauber Contessoto, the “Dogecoin millionaire,” is back in the news.

He recently shared on Twitter which coins he believes could be the next big winners in the upcoming bull run.

PEPE, NEIRO, and BRETT are three coins he’s got his eye on – and he believes they have serious potential to take off.

Dogecoin Millionaire’s Picks for the 2025 Bull Run

Contessoto’s tweet on Monday went viral.

With over 85,000 views, his tweet laid out what he believes will be the two biggest meme coin narratives driving the 2025 bull run.

First up, he’s betting on the rise of the “PEPEVERSE,” with PEPE on Ethereum and BRETT on Base leading the way.

Contessoto sees these coins, along with others tied to characters like Andy and Wolf, producing big wins for investors.

Next in line is the “DOGEVERSE.”

He expects a revival of old favorites like DOGE, SHIB, and FLOKI from the last cycle.

But he’s also watching for new dog coins – with NEIRO on Ethereum catching his eye as the “younger sister of Doge.”

It’s no surprise that Contessoto’s picks have stirred up plenty of excitement.

And many investors are eager to see if these picks will be the stars of the next crypto bull run.

Could We Be on the Verge of Another Bull Cycle?

Are we on the brink of another crypto bull run?

Several signs suggest it’s possible.

For starters, the Fed is expected to cut interest rates at their FOMC meeting today.

Historically, lower interest rates have been great for riskier assets like crypto as investors look for better returns.

More money flowing into the crypto market could push prices higher.

Then there is the growing role of institutional adoption.

With spot Bitcoin and Ethereum ETFs now available, big investors can get into crypto through more trusted channels.

That added legitimacy might boost demand even further if interest rates begin to come down.

Of course, the broader economic picture matters too.

For example, a “soft landing” in which inflation reaches the Fed’s target without causing a recession could create the ideal conditions for crypto to thrive.

These combined factors suggest we might be on the verge of a bullish shift – making Contessoto’s coin picks even more exciting.

Investors Also Stacking Pepe Unchained for the Next Bull Run

Contessoto’s picks are definitely worth watching – but they’re not the only contenders.

One rising star that’s been catching a lot of attention is Pepe Unchained (PEPU), which puts a new spin on the iconic Pepe meme.

Featuring a “Pepe the Frog” theme, Pepe Unchained aims to set itself apart by combining meme culture with a real-world blockchain project.

Think of it like a classic joke token, but upgraded.

It still has that “degen” vibe, yet it offers extra utility by creating its own Layer-2 blockchain, Pepe Chain.

This chain claims it would offer super-fast transactions, low fees, and easy integration with the Ethereum ecosystem.

And if that wasn’t enough, the staking rewards definitely are.

Currently, PEPU holders can stake their tokens and generate yields of 152% per year.

That’s far higher than what most staking coins offer.

No surprise, then, that Pepe Unchained’s presale has already raised over $13.5 million.

FOMO is beginning to kick in, and the hype is building.

Crypto influencers like ClayBro are even predicting that PEPU will be “ready to explode” after the Fed’s upcoming rate decision.

With a potential crypto bull run on the horizon, Pepe Unchained could be another meme coin worth watching.

The next price increase takes place in less than 24 hours, so there’s limited time to participate in the current phase.

Visit Pepe Unchained Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

Continue Reading

Cryptocurrency

Ripple Price Analysis: XRP Bulls Eye $0.6 as Positive Sentiment Spreads

letizo News

Published

on

After a solid bullish rebound, Ripple’s price surged to the $0.60 level. However, it has since entered a brief consolidation phase, which may pave the way for further upward movement toward the significant $0.64 resistance.

By Shayan

The Daily Chart

A closer look at Ripple’s daily chart reveals that following an increase in demand around the key 100-day ($0.53) and 200-day ($0.55) moving averages, buying activity intensified, leading to a sharp price surge toward the $0.60 mark.

Although Ripple’s upward momentum has temporarily paused, the price has now entered a short-term consolidation at this level. This phase is likely to be followed by a continuation of the bullish trend, with XRP targeting the critical $0.64 resistance level, a zone that has consistently challenged buyers in recent months.

Should sellers regain control of this resistance, XRP’s price could face a reversal, potentially declining back toward the $0.55 support region. On the other hand, if buyers manage to break through the $0.64 resistance, the bullish trend is expected to continue, signaling a shift in market sentiment.

xrp_price_chart_1809241
Source: TradingView

The 4-Hour Chart

On the 4-hour chart, XRP saw increased buying interest at the 0.5 Fibonacci retracement level ($0.52), which coincides with the lower boundary of a descending flag pattern. This triggered a strong bullish reversal, pushing the price toward the upper boundary of the flag at $0.62, a key resistance level in this formation.

If the cryptocurrency successfully breaks above $0.62, the bullish trend is likely to continue, with the price targeting the $0.64 threshold. However, failure to break through this resistance could lead to a bearish rejection, with the price potentially retracing back to the $0.55 static support area.

xrp_price_chart_1809242
Source: TradingView
SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Continue Reading

Cryptocurrency

Bitcoin Price Analysis: The Fed Cut Rates, Now What’s Next for BTC?

letizo News

Published

on

Bitcoin’s price finally looks set to break back above the $60K level after weeks of consolidation. However, there is still one more key resistance level that the price needs to overcome.

Technical Analysis

By: Edris Derakhshi (TradingRage)

The Daily Chart

On the daily timeframe, Bitcoin’s price is demonstrating a willingness to finally break above the $60K resistance level, following its rebound from $52K.

The RSI also shows values above 50, indicating that the market momentum is bullish once again. However, for the cryptocurrency to begin a new long-term rally, the price should first rise above the 200-day moving average, which is located near the $64K resistance level.

btc_price_chart_1809241
Source: TradingView

The 4-Hour Chart

The 4-hour chart clarifies the recent price action, as the market has been making higher highs and lows since bouncing from the $52K support level.

As this suggests, it is only a matter of time for the $60K resistance level to be broken to the upside, which would pave the way for BTC to rally toward the significant $64K resistance area. The RSI is also showing bullish momentum in this timeframe and has yet to reach the overbought region. Therefore, the market seems to be on the verge of an increase, at least in the short term.

btc_price_chart_1809242
Source: TradingView

On-Chain Analysis

By Edris Derakhshi (TradingRage)

Bitcoin Exchange Supply Ratio

To sell their coins in the crypto market, most people have to first deposit them into an exchange. The amount of BTC held in exchange wallets is, therefore, a proxy for market supply (at least retail), and analyzing its trends could be beneficial.

This chart presents the BTC exchange supply ratio, which measures the ratio of the BTC held in exchanges to the total supply of the coin.

As it shows, the metric has been declining rapidly since February, indicating that heavy accumulation occurred during the recent consolidation. As a result, if sufficient demand is present, the market can begin a new rally toward higher prices.

Bitcoin Exchange Supply Ratio - All Exchanges
Source: CryptoQuant
SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved