When Dogecoin lounch, Dogecoin was a common cryptocurrency But over the trailing 14-month stretch, Dogecoin has rallied approximately 5,000%. And it was up considerably more when it hit its all-time high of nearly $0.74 per coin in May 2021.
With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.
In terms of catalysts, there's probably none bigger than having the world's richest person in your corner. Tesla CEO Elon Musk owns only three cryptocurrencies. One of those happens to be Dogecoin. Musk is no stranger to promoting Dogecoin on social media platforms like Twitter, or posting obscure memes implying that Shiba Inu dogs are "going to the moon." what do you think about dogecoin?
I'm not sure if the price of Dogecoin can reach $1 because it's an impossible thing. and I believe that whoever tries to move the price of Dogecoin it will be in vain. Although Dogecoin has reached the price of $ 0.7 in the last year but for this year Dogecoin will not be able to pass the price of $ 0.5. believe me, because nowadays there are so many altcoins that have more potential than dogecoin.