Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5. But we shouldn't expect much from Elon Musk to boost the dogecoin price increase like it has done before. Moreover, Elon Musk's tweets often invite controversy and it is even very difficult to see his seriousness in adopting Dogecoin as a means of payment in his company.
Actually the problem is that it will create hype again and everyone will come together to push its price up, I am not sure about the new ATH but I think the dogecoin case is also interesting because it has a very large community. And in my opinion it will need to get rid of the memecoin tag itself, and get hyped up from the bullshit to build a better product application system. I'm not sure when I will buy dogecoin again but personally I will keep an eye on dogecoin throughout the investment process.