Dogecoin, the popular meme-inspired cryptocurrency, experienced a significant price increase, surging 15% late in the week. This rise is attributed to growing anticipation surrounding an upcoming potential endorsement by tech magnate Elon Musk.
Elon Musk, known for his influential tweets regarding Dogecoin, is expected to play a major role in the future of this cryptocurrency with a new initiative dubbed 'D.O.G.E.'
As the community speculates on potential impacts of Musk's continued support, discussions are heating up about whether Dogecoin could reach the ambitious $1 price mark.
