Dogecoin (DOGE) is going through an impressive rally and is now very close to hitting the $0.1 mark. This surge wouldn't have been possible without the support of Elon Musk who over the years has done a commendable job to push DOGE into mainstream adoption. Recently, Twitter partnered with a popular fintech company eToro, with the essence of enabling users to purchase stocks, cryptocurrencies, and other financial assets. What's more, Musk also promised to gift 1 million DOGE to anyone who could locate an emerald mine believed to be owned by his family. The token surged by around 6%, just after the billionaire made the offer. Furthermore, the broader cryptocurrency market is trading well in the green and this has also played a role in propelling the price of the Dogecoin higher.

Considering all the elements working in tandem, it's not hard to understand why Dogecoin has witnessed a spectacular surge over the last couple of days. For example, prior to this rally, the instantaneously popular Dogecoin was trading around $0.045. As of this writing, the price of DOGE has already breached the $0.09 resistance level and is currently eyeing the crucial level of $0.1. While it's hard to predict the future of DOGE, the current trend does suggest that the prices might just exceed the hypothesized mark. Therefore, this could be the moment for Dogecoin to achieve the next milestone of its long and colorful journey.



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