🚀 Dogecoin: Will it reach $1 by the end of 2024?

Dogecoin (DOGE) continues to attract the attention of investors. With a current price of around $0.38, the coin shows signs of confident growth. But how realistic is the $1 mark?

What supports the growth of Dogecoin:

1. Technical signals: Analysts note that DOGE is in a similar pattern to previous rallies when the price surged sharply. Breaking the $0.40 level could be a catalyst.

2. Support from Elon Musk: Elon Musk refers to Dogecoin as the “people's currency,” and his mentions provoke interest from both investors and the general public.

3. Record volumes: In November, DOGE trading volumes reached $7.2 billion — a six-month high, indicating growing interest.

4. Social factor: Dogecoin continues to hold a place in popular culture thanks to memes and mentions in public speeches.

Forecasts:

The optimistic scenario suggests reaching $0.80–$1 if the current trend and high retail investor activity continue.

Why it's worth paying attention to DOGE:

It's a liquid asset supported by major figures and remains popular.

Do you think DOGE can break $1? $DOGE