Dogecoin’s price experienced a significant rise, increasing by over 10% to cross the $0.1 mark. This surge is largely due to renewed support from influential figure Elon Musk.
The uptick in Dogecoin’s value has had a positive ripple effect on other aspects of the cryptocurrency market, suggesting increased investor confidence.
Speculation is now building around the possibility of Dogecoin reaching the $1 milestone, driven by ongoing endorsements and market momentum.
