Dogecoin (DOGE) Dogecoin rose from internet memes and exceeded expectations to become a well-known name in the crypto space. Dogecoin is currently valued at $0.08126, with volatility, market corrections and unwavering community support pushing Dogecoin towards the $1 milestone. Elon Musk has sparked new enthusiasm for Dogecoin’s growth prospects as he announced the launch of Project “X,” a groundbreaking app designed to transform digital payments. In addition, Musk's launch of an official payment account briefly boosted DOGE prices, highlighting the impact of market sentiment on its movements.