Can Dogecoin (DOGE) Rise To $1 in 2024?
The OG meme cryptocurrency Dogecoin (DOGE) has been struggling with its price. Despite the multiple high-profile endorsements, DOGE failed to rally and meet the coveted $1 mark. At press time, the meme coin was trading at $0.09531. DOGE was seen dropping by 4.26% over the past 24 hours. This means that the asset is close to 1000% below the dollar milestone. Also Read: Tron Network Revenue Surges 46%: Can it Propell TRX to $0.2? Source Investor confidence was restored in the market after Elon Musk’s latest tweet. The CEO of SpaceX revealed that DOGE may be accepted in exchange for Tesla-related merchandise. The price of DOGE did not react strongly to this. Once Tesla adds Dogecoin, the asset could witness a major price increase. But the real question is if it will be enough to drive the OG meme coin to $1. Also Read: Dogecoin: Elon Musk Signals DOGE Return as Tesla Payment Option When Will DOGE Reach the $1 Mark? Reaching $1 has been a task for DOGE. About three years ago, the asse...