Dogecoin (DOGE) is holding steady despite the influx of new memecoins, but analysts are doubtful it will reach the $1 mark this cycle. A $1 price would mean a 525% increase from its current $0.16 value. Over the past week, DOGE has seen a 2.58% rise, lagging behind other large memecoins like PEPE, Shiba Inu, and Dogwifhat. Trader Rekt Capital believes DOGE's cyclical nature and strong community will keep it in the game, while analyst Pav Hundal warns that any sharp price spikes could trigger a significant sell-off. Despite a 56% drop in Open Interest since April, Rekt Capital still believes DOGE could hit $1 this cycle.