Doge is a coin meme that was created as a joke, and now looks like something incredible. Judging by Musk's activity on Twitter, he can easily push the price up to $ 1. It seemed crazy a year ago.
It's true that the price can go up to $1, but you did not mention the fact that DOGE is an old coin and useful for quick transactions. At least it used to be, I say that because I don't know how it's today. A year ago, Musk's support for DOGE was imaginable. The DOGE community has always been strong, too, by not allowing the coin to die. So we can't think of it as a joke.