Dogecoin Eyes $0.50 After Musk’s $200M Plan
Dogecoin’s setup is heating up thanks to Elon Musk’s proposed $200M DOGE treasury initiative-a move that’s given meme-coin bulls fresh confidence .
At a glance:
Price compression suggests a breakout possibility toward $0.50 .
The treasury proposal has spotlighted DOGE's evolving narrative-from meme coin to serious institutional asset .
Sustained volume gains and renewed buying after holding support around $0.21 reinforce bullish sentiment .
Why it matters: This isn’t just hype. $DOGE is gaining structural support, and the treasury plan adds a layer of credibility and potential capital inflows. Breakout moves like this have historically delivered outsized returns
