No product, no fundamentals but only hype make everything possible in crypto. Enjoy the ride with the meme coins.
That must the one of the reasons why government does not want to support crypto. Who would wish to have such an uncontrolled asset by neighborhood? This cant be controlled or stabilized.
Year ago, I considered dogecoin as just a joke, or an opportunity to make fast and cheap transactions only. Now it a top speculative altcoin that can and already made a lot of people rich. I would not be surprised, if DOGE not only reaches $1, but easily passes that price and continues to grow.