I asked ChatGPT about Dogecoin, Elon Musk, and a $1000 investment

ambcrypto.com:

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

As you may already know, Dogecoin [DOGE] has become somewhat of a cultural phenomenon in recent years, thanks in no small part to the vocal support of figures like Elon Musk. The Tesla CEO has been an outspoken proponent of the meme-inspired cryptocurrency, frequently tweeting about it, and even referencing it at any given opportunity.

Read Dogecoin’s [DOGE] Price Prediction 2023-2024

Despite Musk’s enthusiastic support for DOGE, he has not attributed the same feeling towards ChatGPT , the trending AI application. On many occasions, the Twitter main man has expressed skepticism over the long-term prospects and dangers accustomed to the use of the tool.

— Elon Musk (@elonmusk) December 3, 2022

Thus, in this article, I would be asking ChatGPT what it thinks of the DOGE- Musk relationship. Furthermore, I will also engage in a conversation about the correlation between the parties while assessing Musk’s role in shaping development within Dogecoin.

There is no doubt that Musk, as one of the world’s richest men, has immense influence. And in 2021, the lover of memes engaged this authority in influencing DOGE’s price. Needless to say, Musk has had a hand in DOGE’s 27,668% all-time hike.

However, as market conditions worsened in 2022, the correlation between Dogecoin and Musk fell. In fact, on several occasions, Musk tweeted about DOGE but there was little to no effect on the price action. This means that the correlation between both decoupled until recently when Musk changed