Dogecoin has traded higher in the last 24 hours, now at $0.20, putting it one-fifth of the way to the long-held $1 target. Dogecoin, which launched taking influence from the famous Doge meme, is up 4.69% in the last 24 hours to $0.20 and up 16% weekly as traders and enthusiasts reignite discussions of a full-blown rally.
Popular crypto trader Kaleo declared on X, as regards the Dogecoin price: "Run it back to ATHs with haste."
#Dogecoin / $DOGE
Run it back to ATHs with haste pic.twitter.com/Kd792FJBMN
That message, shared with his hundreds of thousands of followers on X, captures the growing sentiment that Dogecoin could be gearing up for another push toward its all-time high (ATH) near $0.737 on May 8, 2021.
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Wen $1?
For years, "Wen $1?" has been the Dogecoin community's rallying cry. The last time DOGE surged toward that target was in 2021, fueled by a wave of retail mania, celebrity support and social dominance. Many in the crypto community remain optimistic for a repeat.
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Fri, 07/11/2025 - 13:02 Dogecoin to $1? Here's What DOGE Founder Thinks ByTomiwabold Olajide
If DOGE maintains momentum over $0.20 and breaks past resistance levels, the path to $0.50 and beyond may reopen. According to crypto analyst Ali, "Dogecoin (DOGE) continues to target $0.25 as long as it holds above the $0.19 support" in the short term.
Dogecoin may still be 80 cents away from the $1 milestone, but its recent surge to $0.213 suggests that the dog coin is not going away.
According to Swissblock, the altcoin market has recently broken out of a multi-month consolidation, signaling that altseason may have arrived. With an imminent altseason, Dogecoin might skyrocket to $1, a 400% increase from current prices.
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