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Will Dogecoin Ever Reach $1?

TheMotleyFool

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Part of the appeal of meme coins is that they're usually extremely cheap. Dogecoin (CRYPTO: DOGE), the largest meme coin by market cap, costs just $0.09 at the time of this writing.

People who buy meme coins sometimes imagine how much their crypto will be worth if the price hits a certain target -- like $1, in Dogecoin's case. But is that even possible?

Image source: Getty Images.

Source Fool.com

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