With its viral appeal and sharp price swings, meme currencies like Dogecoin (DOGE) and Shiba Inu (SHIB) have drawn millions of retail investors and are fan favorites in the cryptocurrency space.
Although the market evolves, investors are beginning to wonder if SHIB and DOGE still have space to expand or if new initiatives like Lightchain AI have greater long-term viability.
After its presale success, some analysts think that Lightchain AI, an AI-driven blockchain project, might generate 30x gains—beating out SHIB and DOGE in the next bull run. Notably, the project raised over $15.9 million for just $0.006 per token.
Celebrity endorsements, robust communities, and speculative buzz helped Shiba Inu and Dogecoin gain fame. Elon Musk's tweets aided Dogecoin become well-known. Meanwhile, Shiba Inu added utility-focused innovations like Shibarium, NFTs, and DeFi integrations to increase its long-term worth.
However, meme coins face key challenges. They don't have genuine innovation but instead are more based on community mania than revolutionary technology such as AI-based or smart contract-based cryptos. Moreover, Dogecoin's unlimited supply and Shiba Inu's max token circulation make long-term price appreciation unlikely.
Meme coins also observe limited business adoption, as few companies incorporate them into actual applications. Consequently, investors are shifting towards assets with better fundamentals, including Lightchain AI, which embraces blockchain and AI in the fast-expanding tech industry.
Unlike meme coins, Lightchain AI targets real-world usage, enabling businesses to deploy AI securely on a decentralized blockchain network.
Its privacy-centric AI execution paradigm guarantees that AI computations are secure, transparent, and decentralized—addressing most of the problems plaguing the current AI industry. Its secure federated learning platform enables participants to work together on AI model training without sacrificing data privacy. This aspect is especially applicable in industries, where data security is a top priority.
With increased development in AI usage, it is predicted that Lightchain AI's decentralized structure will have a high demand for industrial purposes. With its low presale cost and growing investor demand, experts predict a possible 30x increase once the token is listed on exchanges.
While SHIB and DOGE remain well-known, their long-term investment potential is being eroded because new innovative initiatives are coming to the forefront.
Lightchain AI, on the other hand, is gaining investors' attention by bringing blockchain security in conjunction with artificial intelligence and is considered to be one of the most potential blockchain initiatives for the next bull market.
For those who look for ways to achieve the highest returns, Lightchain AI is a more feasible source of revenue than meme coins, with the potential to beat SHIB and DOGE over the next few years. As always, it is extremely important to conduct thorough research and consult a financial advisor before purchasing any cryptocurrency.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.