Elon Musk’s Latest Meme Fails to Boost Dogecoin Price
Elon Musk, the CEO of Tesla, SpaceX, Twitter, The Boring Company and Neuralink, shared a meme on Dogecoin and AI chatbots which failed to impact the Dogecoin price. Musk is known to be a big fan of cryptocurrencies, particularly Dogecoin, and holds Bitcoin, Ethereum and Dogecoin in his portfolio. Recently, he talked about AI-focused ChatBots and pointed out that many AI Chatbots are censored and can be used for spreading political agendas in favour of personal benefits. On 1 March 2023, Musk tweeted a meme featuring two AI Chatbots fighting each other, with a Shiba inu dog beating both with “Based AI”. This tweet showed clear support for Dogecoin but failed to impact the Dogecoin trade price. Earlier this year, an Elon Musk fan launched a BasedAI token on the Bep20 network (BSC) but that token also failed to grab the attention of Musk’s latest tweet. Musk is reportedly currently working on a new AI ChatBot that will be a rival of OpenAI’s ChatGPT.