Dogecoin (DOGE) surged due to Elon Musk’s tweets, reinforcing his influence. Its long-term value hinges on community-driven factors: a passionate, retail-heavy base fuels hype, with $2.57B in 24-hour volume (March 29, 2025) showing engagement. However, unlimited supply and reliance on sentiment, not utility, cap stability. Posts on X highlight optimism but also skepticism, suggesting volatility persists unless adoption grows.

Dogecoin's value rollercoaster reflects the power of community and social media. While enthusiasm drives hype, stability remains a question mark. To sustain growth, real-world adoption is key. Volatility will linger until utility solidifies.