Over the last week, Dogecoin has astonished the crypto market by increasing more than 150% in value. Its price rose sharply from $0.16824 to a peak of $0.42275.
Although still below its all-time high of $0.7376, the recent surge has filled the air with excitement, prompting discussions on whether the rally could propel Dogecoin to the coveted $1 milestone.
This article explores the factors behind Dogecoin’s recent price movements and what the future may hold for this popular cryptocurrency.