2024 has seen an influx of meme cryptocurrencies linked to celebrities. Some of these meme coins have recorded significant growth despite lacking notable fundamental significance.
Notably, as the crypto market continues evolving with different price trajectory phases, investors behind these meme coins hope to record significant growth and mirror success stories such as Dogecoin (DOGE).
As the second half of 2024 unfolds, Finbold turned to OpenAI’s latest artificial intelligence (AI) tool, ChatGPT-4o, to gather insights regarding which celebrity coins have potential. The selected cryptocurrencies are based on current performance, community engagement, and future growth potential.
Mother Iggy (MOTHER)
Mother Iggy (MOTHER), the meme coin associated with rapper Iggy Azalea, has experienced substantial growth and robust community support. According to ChatGPT-4o, the coin’s significant market cap of above $30 million and active promotion by Iggy Azalea keep it prominently in the spotlight.
The AI tool noted that the coin’s performance has been notable and driven by consistent marketing efforts. Regarding its potential, the AI platform pointed out that ongoing promotions and involvement from other influencers and projects bolster the coin’s resilience and potential for further growth.
The active engagement of its community and the continuous visibility provided by Azalea’s promotions contribute to a positive outlook for MOTHER towards the end of 2024.
By press time, MOTHER was trading at $0.03057 with daily gains of over 3%. On the weekly chart, the coin is down over 13%.
Daddy Tate (DADDY)
Similarly, Daddy Tate (DADDY) has shown solid technical indicators that suggest potential bullish momentum, according to ChatGPT-4o. The coin’s active trading and favorable analysis indicate a healthy community interest.
According to the AI platform, DADDY has carved out a niche in the crypto market, attracting traders and investors. As long as the coin maintains its positive trading indicators and Andrew Tate continues his promotional efforts, DADDY stands a good chance of further price appreciation.
The coin’s dynamic presence and ongoing support from its community provide a solid foundation for future growth. The recommendation comes despite DADDY’s scrutiny over allegations of insider trading.
By the time of reporting, the coin was trading at $0.1144, having rallied over 1% in the last 24 hours. Over the past seven days, DADDY is down 16%.
MAGA (TRUMP)
Meanwhile, MAGA (TRUMP) has built a large and devoted community, with members actively promoting the project across various social media platforms. The coin’s availability on multiple networks, including Ethereum (ETH), Base, Solana (SOL), and Binance Smart Chain (BSC), enhances its accessibility and reach.
The alignment with Donald Trump’s campaign and the promise of donations to charitable causes have sustained interest and community support for MAGA. As per the AI tool, these factors, combined with the coin’s strong presence in the crypto ecosystem, offer significant potential for future growth.
Notably, the meme coin has largely traded in the green zone over the past seven days after the failed assassination attempt on Trump. By press time, the coin had rallied almost 10%. By press time, TRUMP was trading at $7.03, reflecting daily gains of 14%.
In summary, ChatGPT-4o noted that the highlighted cryptocurrencies represent a blend of established presence and innovative potential. They stand out as interesting investment options as 2024 progresses. However, the AI tool cautioned regarding the inherent volatility associated with meme coins.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
