AiDoge Price Surged After Musk Tweets About AI

Memecoin Mania is still hovering above the head as many memecoins still surging the way out of traditional Cryptocurrencies. The same goes with the AiDoge coin which is making headlines today. 

AiDoge seizes the meme coin market but then mixes it with AI to build its meme generator technology.

It is a meme coin driven by AI that generates memes. As such, it has the potential to be a critical application in the internet world, where memes' apparent silliness should not obscure their true utility as an effective and engaging means of transmitting ideas and meanings.

Recently, AiDoge jumped almost 7% in value after Elon Musk tweeted about AI. Musk is famous for manipulating Dogecoin and other memecoins. Let's see how AiDOge will perform after this.

AiDoge Surrounded by Positivity as Social Engagement Increases

As we all know, Elon Musk generally doesn't Tweet about any specific coin until he sees something in it. Recently, the Tesla CEO just mocked AI for fun and the AI-based crypto projects went haywire.

The Tweet goes like, "Bruh do you even AI"

The Tweet gathered all the crypto project eyes and everyone landed on the same page to promote their projects. Among all of the AI platforms, AiDoge made it to the gainer's list and surged afterwards.

The AiDoge Coin's official Twitter handle didn't spare the opportunity and Re-tweeted.

The reaction was well noted by investors and hence the day saw a green candle after a lot of price shredding. Furthermore, AiDoge coin's community isn't only limited to Twitter. The AiDoge's discord network reached almost 100K members on Saturday with 170K members on Twitter, This shows that the project's social engagement is top class and the community building is strong.

Additionally, AiDoge established a partnership with TrustWallet, a multi-asset, non-custodial crypto wallet with an in-app dApp browser.

The partnership between the two will enhance the management of AiDoge as well as AiCode's transaction history to mitigate several security and trading risks.

AiDoge Price Analysis 

The price of ArbDoge AI (AIDOGE) is $0.000000000307206 today with a 24-hour trading volume of $12,284,417. This represents a 6.11% price increase in the last 24 hours and a 3.34% price increase in the past 7 days. With a circulating supply of 170 Quadrillion AIDOGE, ArbDoge AI is valued at a market cap of $51,927,784.

On a 4-hr chart, AiDoge is currently moving inside a straight channel pattern which suggests that neither bulls nor bears showing dominance. This type of pattern generally breaks from the top of the resistance after testing the support several times. 

At the time of writing, AiDoge approached the support and made a comeback without breaking it further. However, the 20-day EMA is exactly above the current trading price which makes bears a bit dominating. If everything remains constant and Musk's tweet got more attention, AiDoge will surely rise above the horizon.

Source: TradingView

About AiDoge

AiDOge is a crypto memecoin serving users with AI-generated memes. Users can deposit $AI tokens in the AiDoge ecosystem to earn daily credit rewards and gain access to platform features. Platform stability and long-term engagement require staking.

The public wall in AiDoge is a dynamic arena where users may browse and share AI-generated memes. The wall has filtering and sorting options that allow users to look for memes based on variables such as popularity, recentness, or specific subjects.