Will Dogecoin Hit $1 After Elon Musk Launches X.AI? Rival Meme Coin Love Hate Inu Backed to 10x
Elon Musk announced this weekend that he plans to build a new AI company, called X.AI, to rival OpenAI and its ChatGPT language model. Musk fans everywhere were excited about the news, but none more so than Dogecoin investors.
The original doge-themed cryptocurrency jumped more than 5% on the news of X.AI. While there’s no explicit link between Musk’s new venture and Dogecoin, some analysts believe this could be exactly the catalyst $DOGE needs to make a major move higher.However, Dogecoin isn’t the only meme coin investors are watching right now. Rival meme coin Love Hate Inu ($LHINU) (