I think this coin will not reach 1 dollar, people have already understood the essence of the problem of this coin, and almost no one perceives the tweets of an already famous person who is selling this coin, this meme coin has exhausted itself, people are already chasing technology, I don’t know what the hype is must happen for this coin to soar to 1 dollar.
Not on its own with Elon Musk. But with a prolonged bull market driven by BTC. After all, altcoins (Dogecoin included) follow Bitcoin's "footsteps". If BTC goes up, altcoins will do the same. I'd be surprised if someday developers start burning DOGE's supply to make it scarcer over time. If that happens, market prices will soar all the way towards the "double digits" (or even triple digits for that matter).
For what I know, "meme" coins are a risky investment. If you know how to play your cards right, then Dogecoin can make you endless profits. Otherwise, I'd suggest you look elsewhere. The future can't be predicted, so we can only hope for the best.
Yes, meme coins have always been a bigger risk than other cryptos. However, you're right, if we can really use it, then doge can provide huge benefits. this happened to people who held dogecoin when the price almost reached $1.
However, the potential for Doge to reach $1 is currently extremely difficult. there are quite a lot of things to pay attention to. however, it would be different if the developers started burning and restricting these coins. We don't know what will happen in the future. However, if you want to invest in Dogecoin because you believe the price will get very high, even reaching $1, then I really recommend using money that you are willing to lose, as well as money that will not impact the economy you have when it is lost.
