DogeCoin Seeks Breakout as DogeOS Ignites New Growth Story

Dogecoin (DOGE) is trading near $0.094, down about 25% from the level that would put it almost directly against its closely watched target of $0.12.

The latest catalyst for DOGE's potential rally is DogeOS, which launched its public testnet on September 30th.

DogeOS is an EVM-compatible environment designed to support trading, lending, stablecoins, games and consumer applications around Dogecoin, with DOGE used for transaction fees.

However, DOGE still has a major obstacle to overcome: the psychological level of $0.10.