Luckily for Elon Musk who was able to increase the popularity of Dogecoin, the availability of unlimited supply will indeed make the price more stable, if the price goes up it might only be a few percent, but I am sure that currently many Dogecoin holders still choose to keep the Doge they have after Elon Musk decided to provide support to Dogecoin.
Imagine if Dogecoin did not have direct support for Elon Musk, it would be impossible for Dogecoin to have a coin price as high as this. Of course, there is also the possibility that other meme coins would not have been created because so far meme coins have been created because Dogecoin was the main pioneer.
It seems that it cannot be denied that Elon's presence in Doge plays a very important role, but unfortunately, Elon doesn't want to say that he will stick with Doge, he is just looking for popularity for what he can do, which happens to be that Doge can actually increase well. But will Elon continue to do that? It's hard to predict because he is a business executive whose only thought is profit.
It's true, Elon Musk has had an important influence on Dogecoin price movements, so we must still be grateful to Elon Musk, I didn't expect Elon Musk to provide this much support. If I had known this from the start then I would still be holding a very large amount of Dogecoin.
Everyone now admits that Elon's influence can give confidence and increase dog, but will it continue? Of course, it is very difficult to predict because Elon only uses, Doge for his business and, coincidentally, what he does is very successful But when the doge fell he did nothing and remained silent in his silence.
Yesterday, when bitcoin passed its ATH, all meme coins increased sharply because of that effect, including doge. So it's not because of what Elon did, if only Elon intervened at the same time, it's not impossible that Doge could get $1.
No need to be discouraged, there will still be another chance to have doge when the bullish season comes.