A popular coin in the crypto space is Doge Coin. Even though the coin is a meme coin with a big celebrity and businessman Elon Musk behind it. But in recent times there is no news about his crypto. People believe he may not be thinking about crypto anymore. As he has multi business. The hype created by the Doge coin during the last bull run pushed the price of the coin to around 70 cents. That was its highest price. But some investors still think that Doge Coin will be bullish again and it will cross $1. As such, these coin holders will have to wait until the next bull run.
If dogecoin depends on only the news emanating from Elon musk to grow it price to the speculated $1 price then you may have to think again because there is a need for community support and involvement and not a one man show to push the price of a coin uptrend.
Dogecoin has done significantly well in recent times and we can expect its network to grow organically instead of a pump from whales.
logically, if there is indeed a new ATH formed, then it is certain that it will be several times the old ATH, it must be remembered that doge was able to reach ATH at $ 0.73 in the previous period, if it only reaches $ 1, it is certain that if an increase in ATH is 2x, it will be achieved.
the problem is that doge reaches ATH not because when bitcoin reaches its highest level, but instead doge reaches ATH earlier, which gives an indication that doge is increasing maybe the influence of elon musk.
so the role of elon musk in doge is very clear and now it seems you are right in saying that elon musk is busy with other businesses and has started to lose interest in doge. then doge will experience an insignificant increase in the future without the role of elon musk, remember doge is a meme coin and at any time it may actually decrease in value.