Dogecoin (DOGE), initially designed as a humorous alternative among cryptocurrencies, has grown into a widely utilized digital currency. Despite its comedic origins, DOGE has maintained its relevance through dedicated fan support and high-profile endorsements.
Currently, DOGE is traded at just over $0.19, which is a significant drop from its previous peak of $0.74. However, experts suggest two key factors could potentially propel its price to $1: continuous fan support and backing from influential personalities.
Source: bitcoinist.com ↗