Dogecoin Soars 7%, Traders Envision Path to $1

Dogecoin's Surprising Rebound

Dogecoin, the leading meme coin, has made an impressive recovery from the recent market crash, surging by 7% in just 24 hours. This bounce-back has reignited the $1 dream for many DOGE holders, bringing renewed hope to the market. Trading at approximately $0.10, Dogecoin is still down by more than 9% over the past week. Despite the drop in trading volume, the coin's market capitalization has increased by over 6%, now exceeding $15.14 billion.