#DOGE看涨情绪飙升 Dogecoin is very likely to hit 1 dollar

On Sunday, the price of Dogecoin surged, reaching an annual high of 0.29 dollars. It rose 30% in indices, sparking a large amount of bullish sentiment. Investors who entered the market a few days before the announcement of the U.S. election results are profiting from this surge. As traders firmly believe a bull market is imminent, the topic of Dogecoin rising to 1 dollar has been hotly discussed in the cryptocurrency market.

For Dogecoin to reach the 1 dollar level, it would only be possible if Musk convinces the White House to use cryptocurrency for transactions. The current government has yet to explore the power of blockchain technology and remains watchful towards its development. The last time Dogecoin saw a strong rebound, its historical highest price was 0.73 dollars, still 27 cents away from the 1 dollar milestone.

The rise of Dogecoin in 2021 was due to Musk's continuous support and recognition of meme coins. If the situation of 2021 repeats in 2024 or 2025, Dogecoin could potentially reach 1 dollar. This confidence stems from the DOGE - 1 spacecraft, which may soon become a news hotspot in space exploration. This could help people understand Dogecoin and ultimately invest in cryptocurrency.