Dogecoin, a major meme-based altcoin, is experiencing a significant price increase as it takes advantage of the current crypto bull market momentum. Notably, while Bitcoin remains above $100k, Dogecoin continues to climb, defying broader market trends.
Analysts are optimistic that Dogecoin could reach an ambitious $1 target, drawing parallels to its unforgettable 2021 bull run. Despite minor market corrections, Dogecoin's upward movement is attracting considerable attention.