Dogecoin has experienced a surge in price recently, with fans hoping it could soon reach $1. The price has gone up 48% in the last 24 hours, and Dogecoin reached its all-time high of $0.738595 in May 2021. The bullish sentiment around Dogecoin is supported by its Fear & Greed Index, which shows a “Greed” phase in the market.
Dogecoin’s price rise can be attributed to strong market momentum, high investor interest, and renewed public attention. If the current trends continue, the $1 target could become more realistic, but it would likely depend on sustained retail interest and favorable market conditions.
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<p>The post Dogecoin’s Exciting Journey: Will It Reach $1 Soon? first appeared on CoinBuzzFeed.</p>
