in the next bullish next I can say I believe Doge will reach $ 1 even more,
because in the bullish season of 2021 Doge is really crazy and almost goes to $ 1,
yes even though it only touched $ 0.6 it really surprised everyone, of course it is because Elon Musk made Doge what he is today,
so why doubt Doge?? for me Doge is not a memecoin, but the best altcoin!.
I don't think so, mate. Although Elon Musk can make the hype for Dogecoin, but it looks to give no big impact. So, there will be no significant increase in Doge price like the previous bullrun season. The current Doge price is only around $0,08 and it looks not grows very significantly anymore. Even if it can increase quite big, I think it won't be above $0,5.
Anyway Dogecoin is meme coin, why do you think it is not meme coin?
The increase in meme coin price is just because of the help from hype made by Elo Musk. Dogecoin has no strong fundamentals, so it is always very risky to invest in this coin. You can't expect to invest in this coin for the long term, it is not a safe investment.
Elon Musk is probably one of the largest Dogecoin holders in the world. There is no logic to what Elon Musk does; it always has an impact because people follow rich people's actions. But clearly Musk explains that this coin is making fun of crypto currencies, and it has dogs; that's why he's buying it. Even if there is any reason behind it, you should think before buying it because, after all, it's a meme coin. Think about the credibility of Doge coins before investing in them. But still, there are people who are trusting this coin, and they are holding it too for changing their future.