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The largest meme coin has been on a roll lately, perhaps fueled by the most recent engagement by Tesla’s CEO, Elon Musk.
DOGE has only doubled down on its gains in the past 24 hours, as it has added another 8% of value. Consequently, the OG meme coin now trades close to $0.145, which is its highest price tag since June. Nevertheless, the AI chatbot said it is challenging to predict a future price tag for a meme coin because of its highly speculative nature, as its valuation is primarily driven by “social media buzz rather than fundamental utility or adoption.”
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