Could the Memecoin Legacy propel Dogecoin ($DOGE ) to $1? Dogecoin enthusiasts eagerly anticipate a massive 525% surge from its current $0.16 price. Despite the strong and loyal DOGE community, analysts are doubtful about this ambitious target. While DOGE has seen a modest 2.58% increase in the past week, other memecoins like PEPE, SHIB, and WIF have witnessed more remarkable gains. Nevertheless, trader Rekt Capital remains optimistic, citing DOGE's unique history and cyclical patterns as potential drivers to $1. Conversely, Pav Hundal warns of possible sell-offs by long-term holders that could impede growth. Elon Musk's ongoing interest in DOGE could also play a significant role. Whether DOGE can reach $1 remains uncertain, so stay tuned for updates! #DogecoinPotential #Memecoins🤑🤑