Recently, Dogecoin is once again challenging the "iron threshold" of $0.20, but so far, this price level has dropped a full 30% from its July high. Coupled with a gradual decline in trading volume and a technical reset, it won't be easy to break through strongly.

However, if DOGE can withstand the pressure and break through $0.20, it would be a super positive signal that might attract more short-term funds back into the market.

But don't forget, Dogecoin is not some small player; it's an "old internet celebrity" with a market value of over $30 billion! Because of its large size, trying to achieve another 100-fold surge? That's almost a pipe dream. It is no longer the kind of speculative asset that makes you rich overnight; it resembles a "blue-chip stock" in the crypto world.