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

For those of you aware of this phenomenon, Dogecoin [DOGE] has become synonymous with Tesla CEO Elon Musk in recent years, thanks in no small part to his vocal support for the memecoin. 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. 

Recently, investors proposed a class action lawsuit accusing Musk of insider trading and manipulating Dogecoin (DOGE), costing them billions of dollars.

In a 31 May filing in Manhattan federal court, investors said Musk used Twitter posts, paid online influencers, his 2021 appearance on NBC’s “Saturday Night Live” and other “publicity stunts” to trade profitably at their expense through several Dogecoin wallets that he or Tesla controls.

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 boss has expressed skepticism over the long-term prospects and dangers accustomed to the use of the tool.

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.

Musk’s role in Dogecoin’s price action
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Author: Suzuki Shillsalot

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