Grok

<div class="finbold">
 <p class="paragraph">Both Grok and Dogecoin (DOGE) share Elon Musk’s vision and influence, besides the passion of a similar community of enthusiasts. The former is an advanced artificial intelligence (AI) model developed by xAI, a subsidiary of X (formerly Twitter).</p>
 <p class="paragraph">Notably, Finbold discovered that Grok is currently bullish on DOGE for the end of 2024. The AI expects Dogecoin to close the year in the most likely <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> range of $0.10 to $0.15.</p>
 <p class="paragraph">Moreover, Grok has set $0.34 as the most optimistic <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>, considering increased adoption as payment and mainstream interest. In the meantime, it limits a downfall to as low as $0.05, facing regulatory challenges and a bearish cryptocurrency market.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="890" height="680" src="https://cdn.thebittimes.com/images/2024/01/24/e2c4222ad34fee08b63f38c5610a2227.webp" alt class="wp-image-151009" srcset="https://cdn.thebittimes.com/images/2024/01/24/e2c4222ad34fee08b63f38c5610a2227.webp 890w, https://cdn.thebittimes.com/images/2024/01/24/e2c4222ad34fee08b63f38c5610a2227.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/e2c4222ad34fee08b63f38c5610a2227.webp 768w" sizes="(max-width: 890px) 100vw, 890px">
  <figcaption class="wp-element-caption">
   Grok AI predicts DOGE price for the end of 2024. Source: Finbold
  </figcaption>
 </figure>
 <p class="paragraph">Elon Musk’s AI is still an early release, but it is already proving itself as a valuable tool for insights. Recently, Grok named one ideal cryptocurrency for payments on X in a demonstration of its data processing abilities.</p>
 <h2 class="wp-block-heading" id="h-dogecoin-price-analysis-and-grok-ai-s-forecast">Dogecoin price analysis and Grok AI’s forecast</h2>
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 <p class="paragraph">Interestingly, Dogecoin reached a local top at $0.107 at the end of 2023, which validates Grok’s most likely scenario. Entering Grok’s forecasted <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> range would mean a 25% increase from DOGE’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.079 by press time.</p>
 <p class="paragraph">However, these gains could be as high as 87.5%, even inside the most likely scenario, rallying to $0.15. It would mean a 4.25 times increase if Dogecoin reaches the most bullish forecast at $0.34. On the other hand, the meme coin would lose 37.5% of its value following the bearish outlook.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="661" src="https://cdn.thebittimes.com/images/2024/01/24/fb44ee3633244a7e30d1c20463a06b93.webp" alt class="wp-image-151010" srcset="https://cdn.thebittimes.com/images/2024/01/24/fb44ee3633244a7e30d1c20463a06b93.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/fb44ee3633244a7e30d1c20463a06b93.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/fb44ee3633244a7e30d1c20463a06b93.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/fb44ee3633244a7e30d1c20463a06b93.webp 1536w, https://cdn.thebittimes.com/images/2024/01/24/fb44ee3633244a7e30d1c20463a06b93.webp 1875w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   DOGE/USD daily price chart. Source: <em>TradingView</em>
  </figcaption>
 </figure>
 <p class="paragraph">At this point, uncertainty dominates most indicators, which could drive Dogecoin’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> up or downwards. DOGE’s daily Relative Strength Index (RSI) validates the current neutrality as cryptocurrency traders look for any possible hints.</p>
 <p class="paragraph">In this context, investors must remain cautious and properly manage risk to improve trading results. Dogecoin is still highly influenced by Elon Musk, which increases its unpredictability and possible volatility as a digital asset.&nbsp;</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/grok-ai-predicts-doge-price-for-the-end-of-2024-tbt77590.html">https://thebittimes.com/grok-ai-predicts-doge-price-for-the-end-of-2024-tbt77590.html</a></p>

Grok AI predicts DOGE price for the end of 2024

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