Dogecoin (DOGE) is maintaining strong momentum despite today’s 9.7% drop. ChatGPT is setting a long-term target of $5 for this meme token. DOGE continues to attract attention with its exceptional performance over the past 30 days, gaining significant momentum, especially compared to major cryptocurrencies.$DOGE

In the post-election period, Dogecoin’s upward trend continued with increases of 86% in a week and 195% in a month. This process shows that DOGE still has strong momentum and has more potential. In addition, Donald Trump’s appointment of Elon Musk as co-chair of the new Department of Government Efficiency (DOGE) continues to create a positive atmosphere for Dogecoin.

According to ChatGPT-4’s assessment, DOGE’s future looks bright. In the short term, the AI ​​expects DOGE to rise to $0.45 once the current resistance levels are broken. It is also predicted that DOGE could reach $0.50 next month, which would be the highest price since May 2021. However, taking a longer-term view, ChatGPT predicts that DOGE could reach $1 in the first quarter of 2025. In the long term, DOGE’s value could range between $2 and $5, suggesting that the token will be supported by future institutional adoption and partnerships.

ChatGPT’s estimates are based solely on current market data and information and are not definitive. However, it is certain that Dogecoin is experiencing an exciting period. Despite today’s decline, DOGE’s price may recover in the short term. The RSI indicator has risen from the oversold level, indicating that buyers may be back in action. There is also a possibility of a bounce from medium-term support levels.

ChatGPT sets a short-term target for DOGE between $0.40-$0.45, which seems quite reasonable considering market indicators and current momentum.

New Altcoin Investment Opportunities

Dogecoin’s overbought levels could bring up the possibility of a potential correction in the coming weeks. For this reason, investors may turn to new altcoins to diversify their portfolios. This strategy offers great opportunities, especially for tokens in the pre-sale phase. New tokens can often generate high momentum and then turn into a big rally.

One of the prominent projects is the new ERC-20 token FreeDum Fighters (DUM). Launched last month, this token is considered to have great upside potential. Having raised over $500,000 so far, FreeDum Fighters redefines the staking mechanism with a politically themed perspective. Investors can stake their DUM tokens in two different staking pools based on Donald Trump and Kamala Harris. In this system, less popular pools try to attract investors by offering high staking returns, thus maintaining a constant balance between both pools.

FreeDum Fighters aims to encourage community participation and plans to open online forums where users can hold discussions on each pool, while winners will receive income from weekly airdrops, which will increase participation in the project.

DUM will be offered with a total supply of 250 billion, of which 40% will be allocated for pre-sale, 20% for staking pools, 20% for liquidity provision, and 10% for debate rewards. Investors can participate in the sale via the official FreeDum Fighters website. 1 DUM token is currently being sold for $0.00008, but the price is expected to increase to $0.0001 and $0.000125 respectively in the upcoming stages.

Such projects present new opportunities for investors and are worth considering for those looking for alternatives to larger cryptocurrencies like Dogecoin.