Dogecoin Price Hits $0.1, Will Elon Musk's Backing Push DOGE To $1?

Dogecoin price has surged more than 10% today, crossing the brief $0.1 mark, fueling market interest. Recently, the backing from the tech mogul Elon Musk has sparked market optimism towards the leading dog-themed meme coin. In addition, the Dogecoin lawsuit update has also gained notable attention from market participants, raising bets over a potential rally to $1 in the coming days.