Can Dogecoin Reach $1?

As part of a broader crypto rally in 2023, popular meme coin Dogecoin (CRYPTO: DOGE) is up 27.86% over the past 30 days. Naturally, this has led to hype and speculation that Dogecoin might be on a rocket ship to $1. For one thing, in its nearly 10-year history, Dogecoin has never once hit the $1 mark.