The cryptocurrency market is full of surprises. With a particularly strong foundation, the overall momentum of cryptocurrencies seems positive enough to support many new emerging coins. Memecoins WIF, FLOKI, and PEPE have recently caused a storm online with their outstanding price trajectories.
However, intense competition seems to be flooding the surface, challenging the current memecoin surge. AI-inspired cryptocurrencies are also taking center stage, causing the two industries to confront each other.
The Stalemate between Memecoin and AI Crypto
According to a recent tweet by cryptocurrency data platform Santiment, AI-inspired cryptocurrencies and meme coins are currently predicting an interesting “push and pull” scenario.
Santiment then shared about notable AI cryptocurrencies such as AGIX, RNDR, and FET which previously had seen spikes but experienced price drops some time ago. Similarly, meme coins like PEPE, WIF, and FLOKI, which were previously declining in price, suddenly started to see their prices rising.
“While the cryptocurrency market has stayed oddly stable for the past 24 hours, the push and pull between AI and meme coins continues. $AGIX, $RNDR, and $FET rose at the start of the day but began to decline 3 hours ago. $FLOKI, $PEPE, and $WIF declined at the start of the day but began to rise significantly 3 hours ago.”
At the time of writing, meme coins are showing a tendency towards price appreciation. WIF is up 5% at $2.02, followed by PEPE and FLOKI, stable at $0.000001442 and $0.0001687 respectively.
March Price Predictions for WIF, PEPE, and FLOKI
Backed by strong community sentiment, meme coins have outperformed some leading cryptocurrencies in terms of valuation and outstanding price.
According to cryptocurrency analysis platform Coincodex, WIF could see a 47% increase due to recent market momentum and volatility.
“The Dogwifat price forecast for the next 30 days is a forecast based on positive and negative trends over the past 30 days. Based on these Dogwifat forecasts, WIF could change hands at $2.61 on March 14, 2024, representing a 47.84% increase during this timeframe.”
Similarly, for PEPE and FLOKI, Changelly predicts outstanding price levels. “Cryptocurrency experts predict the average exchange rate for PEPE to be $0.00000763 in March 2024. Cryptocurrency experts predict the average exchange rate for FLOKI to be $0.000139 in March 2024.”
