The price increase of Dogecoin ($DOGE ) has indeed attracted widespread attention from the market. According to the latest market data, the price of DOGE has broken through the important resistance level of $0.132 and has risen by 9% in the past 24 hours, with a cumulative increase of 17% this week. Currently, DOGE is trading at $0.134, which is undoubtedly a huge leap compared to the low price in the past.

Behind this price increase, it seems that Elon Musk's remarks on Twitter have played a role in fueling the trend. Musk mentioned "D.O.G.E" on Twitter. Although his words did not directly refer to Dogecoin, the market quickly linked the two together, causing the price of DOGE to rise rapidly. Musk's influence and continued attention to Dogecoin have undoubtedly added heat to this cryptocurrency.

In addition, the number of active users of Dogecoin continues to increase, and its application in the fields of trading and payment is gradually expanding. These factors all provide positive signals for the future development of Dogecoin. Although some people predict that Dogecoin may fall at the end of the month, based on the current trend, this possibility does not seem likely. Dogecoin's market performance and community support provide a solid foundation for its future growth.

Overall, the rise in Dogecoin's price and increased market activity reflect the market's confidence in this cryptocurrency. However, when considering investing in Dogecoin, investors still need to pay attention to market volatility and potential risks, and do corresponding risk management.