Recently, the Crypto Assets market has once again drawn attention, with DOGE performing particularly well. The coin's price has surpassed the $0.24 mark, with an increase of nearly 14% in a week, breaking the consolidation range of $0.20-$0.21 that had persisted for the past few months. This breakthrough is seen as an important turning point for the DOGE market in September.

Many well-known blockchain analysis experts are optimistic about this, as they generally believe that DOGE may be brewing a new round of significant rise. Some analysts even suggest that now may be a good opportunity to position for DOGE.

However, more daring predictions have also emerged in the market. A recent report released by the price prediction platform Telegaon suggests that DOGE could reach $1.73 by 2026, representing a 620% rise from the current price. Although this prediction seems bizarre, looking back at the history of DOGE, similar surges are not without precedent. From 2020 to early 2021, DOGE skyrocketed from $0.002 to $0.73 within 17 months, marking a staggering increase of 29,000%.

Nevertheless, to support such a significant rise, substantial catalysts are still needed. Possible driving factors include: widespread adoption by large enterprises, a resurgence of social media influence, or the emergence of a new meme coin craze in the next bull market.

It is worth noting that the meme coin market has always been highly volatile, with astonishing fluctuations in both directions, presenting opportunities and risks. For investors, a target of $1.73, while ambitious, is not entirely impossible to achieve. However, considering the dual nature of meme coins—high potential returns accompanied by high risks—investors need to remain cautious and rational when making decisions.