Dogecoin price predicted by AI for the end of 2024
Even if a lot of cryptocurrencies have continued their recent uptrend, Dogecoin (DOGE) is still waiting for its day to shine. However, AI algorithms are still positive on $DOGE 's price projection for 2024.
The price of the well-known doge meme token has risen by more than 60% so far this year, and according to sophisticated algorithms that use artificial intelligence and machine learning, the price of Dogecoin is expected to continue growing by the end of the year, but the exact numbers can vary from platform to platform.
Estimate of the Dogecoin value
The most recent price prediction data gathered by Finbold on March 18 shows that the algorithms anticipate that the DOGE price will reach $0.291696 by December 31, 2024. This would be a 98.55% increase from its current market value.
Moreover, GPT-4, the latest model of the groundbreaking OpenAI innovation ChatGPT, has forecasted that Dogecoin's price might reach a "conservative yet optimistic projection that could place DOGE in a potential price range of $0.20 to $0.35 by the end of 2024."
Claude 3 Opus, the most recent AI model from Anthropic, is a little more bullish than its OpenAI counterpart; it has predicted that the price of DOGE would range from $0.30 to $0.80 for the same time period. As per Claude's Third Opus:
"The current trends in the cryptocurrency market, the historical volatility of DOGE, and the optimistic predictions of some experts are all taken into consideration within this range."
Examining the Dogecoin market
The current price of Dogecoin was $0.14691 when this was published. This is a 1.93% fall for the day, a 16.90% decline for the previous week, and a 74.02% increase for the month.
Trader Tardigrade and other crypto trading specialists have seen a significant trend toward $1, and Elon Musk, CEO of Tesla (NASDAQ: TSLA), recently said that the electric vehicle (EV) company aims to permit DOGE payments for its goods.
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