It seems to be true and I see the only effective way for Dogecoin to reach $1 is by hype,
meme coin in this case we are talking about Dogecoin it will be difficult to see the price go up especially there is no use case and market conditions are also not supportive,
don't get your hopes up on meme coins it's just a waste of time
There's no use case that can help this coin pump naturally and the reason why its price rise is only because of hype so the only way for this coin to reach 1 usd is by again hyping it but it seems that elon is on its way of doing that. Latest update to this guy is he plans to support doge in the tesla charging stations.
Now that is what you call a hype. The only thing that it needs is improvement if when it will start and together with the recovery of this market, dogecoin will soon do amazing things that can shock the whole nation. Other than dogecoin elon also adopted a dog called shiba inu right? so chances are this meme coin can also follow the footsteps of dogecoin where it will also reach a new ATH once doge reach 1 usd.