I think DOgecoin could reach $1 in 2022 for various reasons especially the biggest Dogecoin fans and holders don't make instant sales as this could result in Dogecoin losing 50% of its current price. and I also believe that Tesla CEO Elon Musk will try to make the price of DOge increase as rapidly as it was mid-2021. everything happened out of control.
That is highly unlikely.
I don't think that Dogecoin will be back to its former ATH. Although the possibility will remain there but going back there needs a very tough pumping and influence to be done by ELon.
He's the one that has been encouraging people to buy this meme coin and to think that it will be on $1 is already too much. $0.7 or the all time high of it was a success and it's one of the impossible things to happen yet it happened but, I think that it's already beyond if it happens.
I support what you said about Dogecoin, because it is very hard for Dogecoin to go up to $1, maybe someday in the future. What is certain is that
the price target of $ 1 will not be achieved this year, even for Dogecoin to return to ATH prices this year I really doubt it. Since we all know
Elon Musk's popularity is declining in the crypto community, because many people realize Elon Musk is only looking for personal gain by manipulating
the price of Dogecoin. So if Elon Musk is going to do it again this year, I'm not sure it will work a second time. Therefore, I am one of those people
who do not recommend investing in Dogecoin, because Dogecoin is a coin with no clear use, so pump and dump coins like Dogecoin are very difficult
to expect the price to recover quickly. If we want to invest in Dogecoin, my advice is only for the short term, then when we buy Dogecoin and
the price goes up, take profit immediately, don't wait until Dogecoin hits $1. Because it is feared that the price of Dogecoin could still fall even lower
than the current price.