Dogecoin has recently shown a significant uptrend, being one of the top-performing meme coins.
On September 22, it was priced around $0.1078 and remained in that range for a few days before experiencing a surge of 19% in a week.
This surge has caught the attention of investors, who are now predicting that Dogecoin may soon reach $0.2.
Elon Musk's influence remains a crucial factor in the coin's performance and future prospects.