An intriguing view on Dogecoin and a substantial price gain projection have been put out by ChatGPT, the LLM AI Chatbot from OpenAI. The data points to a possible token price of $9 in the year after the 2024 Bitcoin halving.

From its present value of around $0.9957, this forecast represents a possible 11,078% rise. This bold prediction is based on past data showing how DOGE's price has responded to Bitcoin halvings, suggesting that a similar pattern may repeat again until 2024.

The Performance of DOGE Throughout Time In the Wake of Bitcoin Splits
There is a trend in the price of DOGE in reaction to prior BTC halvings, according to historical data from TradingView. As an example, the memecoin saw a noticeable uptick in sentiment around 234 days after the Bitcoin halving in 2016.

Due to this rising momentum, the bearish trendline that had been in place since January 2014 and was broken in March 2017 was broken. After falling as low as $0.00020 in March 2017, the token surged 9,221.40% in the 306 days that followed, eventually reaching a high of $0.01877 in 2018.



Following the Bitcoin halving in April 2020, a comparable event occurred. Memecoin shattered the negative trendline that had been in place from January 2018 to December 2020 and solidified a positive feeling 214 days after the halving.

After hitting a low of $0.00240 in November 2020, the cryptocurrency needed an additional 212 days to reach its all-time high of $0.73905 in May 2021—a gain of 30,693.75%. This exemplifies the potential for massive profits after Bitcoin halvings.

Forecasted $9: Will DOGE React in a Similar Manner?


According to ChatGPT's analysis, these trends suggest that DOGE would replicate Bitcoin's behavior after its halving in April 2024. At about 200 to 250 days after the halving, a significant positive attitude might emerge for the coin, if past trends are any indication. In addition, a peak may be reached around two hundred to three hundred days after this optimistic outlook.



By looking at past surges, ChatGPT conservatively predicts that the memecoin price might go up by 9,000% and 30,000% from its low point around the halving time. Given the current market circumstances, our projection indicates that the token might potentially achieve a price range of $9 to $30 within a year after the halving, assuming the current low is about $0.9957.

DOGE Market Movements


The memecoin pricing has been rather unpredictable as of late. Significant price changes occurred for dog coin during the last week, with positive momentum at week's start and pessimistic feeling at week's close.

This has made it difficult for the token to hold above the $0.104 support level. A 4.18% drop from the previous day's value, DOGE is now trading at $0.9957 as of press time.


Just like Bitcoin, DOGE's market worth has dropped to $14.510 billion, making it the eighth biggest cryptocurrency in terms of market size. Trading volume for DOGE has jumped 40.84 percent to $745,094,790, suggesting that market demand in the token remains strong despite the decline in price.

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