Dogecoin’s price has surged by more than 10% today, briefly crossing the $0.1 mark. This rise has fueled significant market interest in the leading dog-themed meme coin.
Tech mogul Elon Musk’s backing has sparked optimism in the market. His support is considered a key factor driving the recent price rally.
Additionally, a recent Dogecoin lawsuit update has also attracted attention from market participants, increasing bets on a potential rally as the community awaits the outcome.