Résumé
- Shiba Inu’s potential to return to the top 10 depends on the expansion of its ecosystem, particularly through advances in its L2 scaling solution, Shibarium.
- However, it faces increasing competition from other humorous cryptocurrencies. Dogecoin (DOGE), which appears well positioned for this year due to Musk’s political engagement, remains its main rival.
Necessary Factors
The famous humorous token experienced notable performances in 2024, even managing to climb among the ten largest cryptocurrencies in terms of market capitalization. Unfortunately, in recent months, several of its competitors have overtaken it. Currently ranked 19th among digital assets, we asked ChatGPT to see if it could return to the top 10 in 2025.
The AI-powered chatbot responded that it was possible, but certain essential conditions had to be met. He first pointed out that SHIB could move up the ranks of the crypto market if its ecosystem continues to grow this year.
One example is the development of the Tier 2 scaling solution, Shibarium. This protocol, whose ultimate goal is to promote the evolution of humorous cryptocurrency, recently reached a new milestone. As reported by some sources, the total number of transactions processed on the network has exceeded 800 million.
Also, ChatGPT mentioned the need for possible expansion of the SHIB community in the coming 12 months. The SHIB army, made up of millions of investors, developers and supporters, exerts a significant influence on the token’s performance, whether in a positive or negative way.
Third, the chatbot estimated that the possible rise of SHIB this year will also depend on the general conditions of the cryptocurrency market. The current bullish environment and the possible pro-crypto presidency of the United States, under the leadership of Donald Trump (according to his election campaign), suggest that the coming months could be favorable for the industry. However, we will have to wait to see if this will come to fruition.
-Competition
It should be noted that SHIB’s competitors as well as other new cryptocurrencies could jeopardize its ranking ambitions. Among the latter we find projects like Pepe (PEPE), Pudgy Penguins (PENGU), ai16z (AI16Z), among others.
Shiba Inu’s main rival remains Dogecoin (DOGE), the largest of the humorous cryptocurrencies in terms of market capitalization. According to several industry players, it looks like the OG meme coin could also have a great year.
Indeed, Elon Musk, one of his fervent supporters, will enter the American political scene. He will head a dedicated agency, the Department of Government Effectiveness (DOGE), whose main goal will be to reduce public spending and tackle what he describes as the “stifling massive federal bureaucracy.”
However, many Dogecoin supporters seem to have noticed that the department’s abbreviation matches that of their favorite cryptocurrency, imagining a bright future for the dogecoin token during Musk’s leadership.
In a competitive setting, Shiba Inu’s ability to return to the top ten cryptocurrency scene will depend not only on its own advancements, but also on the evolution of the market as a whole. Faced with a constantly changing environment and the emergence of hot new coins, it will be interesting to observe how Shiba Inu and its rivals navigate the dynamic cryptocurrency landscape. The question remains: what strategies will SHIB supporters adopt to overcome these challenges?
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