Correct. I am also not sure if dogecoin will reach new ATH again. Moreover, in the past, not many people were interested in investing in this coin, but suddenly when Elon Musk came with his tweet, the price of Dogecoin soared so that many people flocked to invest.
At CMC we see Dogecoin is trending and now what is happening is Dogecoin is undergoing a correction with a price percentage reaching 3.03%. we can't confidently say that Doge has the potential to soar high given the current state of affairs, but it's a market, anything can happen here.