Dogecoin (DOGE), the meme-inspired cryptocurrency, has been the talk of the town lately. With Elon Musk, the CEO of Tesla, being a vocal supporter of the cryptocurrency, the DOGE-Musk relationship has been a cause of speculation. Investors even accused Musk of insider trading and manipulating DOGE’s price.
But what does ChatGPT, the AI application, think of their relationship? According to ChatGPT’s responses, DOGE and Musk’s relationship was solid until recently. Although Musk’s actions suggest market manipulation, there haven’t been any significant developments in DOGE’s ecosystem.
So, is it a wise decision to invest in DOGE? ChatGPT recommends doing your research before investing, but its jailbroken response gave the go-ahead to invest $1,000 in the cryptocurrency. However, it’s important to note that ChatGPT is still in the learning stage, and it would be wise to do your own analysis before investing.
Currently, DOGE is trading at $0.0725, with a market capitalization of $10 billion and a 24-hour trading volume of $156 million. The technical indicators suggest a bearish trend for DOGE, so it may be due for a breakout soon.
In conclusion, while DOGE and Musk’s relationship may be strong, it’s wise to do your research before investing. ChatGPT can provide helpful insights, but it’s important to supplement those with your own analysis.