No one knows it could be higher or even just for less than $1, because we know that this is just a meme coin not for serious development, with no supply limit. However, Elon Musk tried to pump the coin so hard that it flew very high. But I'm sure it just makes Elon Musk rich, we've started to distrust it anymore, and don't care even if it's a $10 doge.
Yes, I don't trust Dogecoin either, I really don't have enough imagination to dream that Dogecoin price can push so high.
But as the bull market went, the bear market arrived, Dogecoin will fall a lot i believe.