Dogecoin is still the most well-known meme coin in the crypto world, but many experts doubt it will reach $1 this cycle. Newer tokens like Little Pepe (LILPEPE) are getting more attention from investors because they are struggling in the market. The price of Dogecoin is about $0.27 right now, and its market value is close to $40 billion. It is still one of the top 10 cryptocurrencies and has a brand name that is second to none. But analysts say that the road to $1 is still steep, despite some positive signs in the last few months. Creating the REX-Osprey “DOGE” ETF in the US was a big step forward because it gave both institutional and retail investors regulated access to Dogecoin.