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No, it is unlikely that Dogecoin (DOGE) will reach a price of $1 anytime soon. Despite the spike in price recently, DOGE is trading at just under $0.23 USD at the time of writing this answer, and it has a long way to go before reaching the $1 mark. Factors such as a limited coin supply, uncertain future applications and adoption, and overall market sentiment suggest that it could be quite some time before we see this price target.