Early Bitcoin Adopter's Bold Meme Coin Predictions

Early Bitcoin adopter Jeremie Davinci recently shared his views on meme coins, such as Dogecoin and Shiba Inu, via his X social media account.

He made a bold prediction that is likely to excite meme coin investors.

Davinci noted that during the last market cycle, Dogecoin (DOGE) reached a market cap of $88.8 billion, while Shiba Inu (SHIB) peaked at $40 billion.

This time, he forecasts that meme coins could collectively hit a staggering $1 trillion market capitalization, which is slightly below Bitcoin's current market cap of approximately $1.32 trillion according to CoinMarketCap data.

Following a 14% increase this past week, Dogecoin's price has dipped 5%, settling at $0.12202 after reaching a local high of $0.12835. Its market cap now stands at $17.81 billion.

In contrast, Shiba Inu's market cap is $10.53 billion, with the current price at $0.00001800, recovering slightly after a 6.64% decline in the last 24 hours.

This article was originally published on U.Today