Today# DOGE is trading around USD 0.15. Its price depends more on market sentiment than on solid fundamentals.

What drives DOGE are factors such as: activity on social networks, "hype", attention from retail investors, rumors, media mentions, and even posts from influencers or celebrities.

In essence, Dogecoin remains a "memecoin": its value rises or falls with collective emotion, not so much due to real use or new technology.