Dogecoin Co-Founder Is Rooting for Elon Musk’s New AI Venture

The co-founder of Dogecoin (DOGE), a popular memecoin, has shown interest in billionaire Elon Musk’s new artificial intelligence (AI) project.

Musk recently launched xAI, an AI startup, to compete with ChatGPT, a well-known AI tool used for chatbot services.

According to Musk, who co-founded OpenAI in 2015, the firm that created ChatGPT, the purpose of xAI is to “understand reality.”

Responding to Musk, DOGE co-founder Billy Markus, also known as Shibetoshi Nakamoto on Twitter, said that the xAI project seems promising.

“This is gonna be really interesting, especially with it being trained on Twitter. I hope I can put it on ‘internet keyboard warrior’ mode and have pointless arguments with it.”

In a recent Twitter Spaces event, Musk discussed his project and clarified his vision. He explained that rather than programming morality into the AI, he plans to make it “maximally curious” to ensure its safety.

This approach will allow for a more natural and intuitive decision-making process. A Reuters report covered the details of this event.

“If it tried to understand the true nature of the universe, that’s actually the best thing that I can come up with from an AI safety standpoint. I think it is going to be pro-humanity from the standpoint that humanity is just much more interesting than not-humanity.”

A crypto trader with a large following has made predictions about the rise of certain altcoins, including Dogecoin (DOGE) and Pepe (PEPE) memecoins.

The trader, known as Kaleo, believes that DOGE is headed for a bullish trend after breaking its diagonal resistance on the four-hour chart. Kaleo’s analysis suggests that if DOGE surpasses its horizontal resistance at $0.072, it could experience significant upward movements.

“We’ve already seen a decent resistance break for DOGE on the USD chart.

Expecting acceleration above a reclaim of $0.072 (early June pre-breakdown/capitulation level).”

At time of writing, DOGE is trading for $0.068.

Looking at fellow meme token Pepe, Kaleo believes that the altcoin is gearing up for a rally after moving above its diagonal resistance on the four-hour chart.