Dogecoin (DOGE) has finally managed to recover above the psychological price level of $0.1, casting a bullish outlook for the popular meme coin.
Several factors contributed to this price recovery, one of the main ones being the recent upward trend of Bitcoin (BTC), which reached as high as $58,000.
This surge in Bitcoin's price positively influenced Dogecoin, enabling it to regain its footing above the $0.1 mark.
