Dogecoin ($DOGE ) hitting $0.30 again for a few hours depends on several factors:
Key Factors to Watch:
1. Bitcoin & Market Sentiment: If Bitcoin and the broader crypto market rally, DOGE could follow.
2. Hype & Social Media Influence: DOGE often pumps due to Elon Musk’s tweets or other social trends.
3. Liquidity & Trading Volume: A surge in volume from whales or retail traders could push DOGE above $0.30 temporarily.
4. Technical Resistance & Support: If DOGE breaks key resistance levels, it could sustain $0.30 for some time.
Short-Term Outlook:
• If Bitcoin stays strong and memecoins get more hype, DOGE could revisit $0.30.
• It may hit $0.30 for hours if there’s enough momentum—otherwise, it might spike and retrace quickly.