Dogecoin Price Slips as Elon Musk Vs. OpenAI Legal Battle Heads To Trial
The post Dogecoin Price Slips as Elon Musk Vs. OpenAI Legal Battle Heads To Trial appeared on BitcoinEthereumNews.com.
Key Insights: Find out how the Elon Musk versus OpenAI legal battle could influence Dogecoin price action. DOGE price wedge pattern signals potential breakout despite recent short-term sell pressure. Larger order books reveal rising demand for DOGE among whales. Will Dogecoin price react following the recent outcome in the legal battle between Elon Musk and OpenAI? DOGE price has been in a downward trend over the last 3 days, but the case may set the pace for interesting price action. At first glance, the Elon Musk versus OpenAI lawsuit may not have a direct influence on Dogecoin price action. However, the Tesla founder has historically influenced the meme coin’s performance on numerous occasions. The meme coin tends to react positively or negatively to Elon Musk-related matters, ever since he declared himself the Doge father. As such, similar expectations may be expected, especially in the high-profile legal battle between Musk and OpenAI. Recent updates revealed that U.S. District Judge Yvonne Gonzalez Rogers has dismissed OpenAI’s petition to dismiss the case. The AI giant claimed that Musk’s claims were outlandish and that they had a strong defense. The Judge’s decision effectively gave Elon Musk an advantage, and it means the trial. As a result, some members of the Dogecoin community anticipated a rally courtesy of this outcome. Dogecoin Price Could Be on the Verge of a Breakout DOGE price was trading around $0.13 at the time of observation, after retreating by almost 10% from its weekly high. This meant that the Elon Musk versus OpenAI situation did not have an impact on the meme coin’s demand. However, Dogecoin price may still be headed for a bullish pattern, judging by its chart pattern. The meme coin has been trading in a wedge pattern and is currently within the pattern’s narrow zone. Dogecoin Price…
Filed under: News - @ January 17, 2026 9:30 am