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Is 'Doge to $1' a good price target?

Recent price action has led some crypto traders to mark $1 as a major price target for DOGE — one that has been long anticipated since 2021, when the token traded above 70 cents. The $1 mark has a psychological appeal, spurring “doge to $1” memes in the past several years.

What does Doge stand for?

P resident-elect Donald Trump has announced a new temporary agency called the Department of Government Efficiency (DOGE), which will be led by Elon Musk and Vivek Ramaswamy to overhaul the federal government, eliminate wasteful spending, and streamline operations to bring greater efficiency to public service.

How much does Dogecoin $Doge cost?

A test of the middle or upper boundary of the channel puts #Dogecoin $DOGE at $2.40 or $18! The digital token changes hands at $190, with over $570 billion daily trading volume highlighting robust bullishness.

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