Dogecoin ($DOGE): Can the Original Meme Coin Finally Hit $1?

Dogecoin ($DOGE), the trailblazing meme coin launched in 2013, continues to lead its category with a market cap of $28 billion. What began as a joke on early crypto hype has matured into a widely adopted asset with a loyal fanbase. DOGE tends to mirror Bitcoin’s price action, lending it a level of reliability not commonly found among meme tokens. Its popularity soared in 2021 thanks to celebrity backing from Elon Musk, Snoop Dogg, and Gene Simmons. Momentum returned in early May after a large-scale investor entry pushed prices toward $0.25. Now trading at about $0.1786 after rising 1% overnight, The DOGE Army will be hoping for a lot more gains as they anticipate a likely breakout this summer. Their bullishness is supported by a descending wedge formation—a bullish pattern that forms across Dogecoin’s falling support and resistance lines between November and April. If positive trends persist, DOGE could rally to $0.50 in the coming months—a gain of over 180% from current levels. …#Dogecoin‬⁩ #doge⚡ $DOGE $XRP $SOL