Dogecoin (DOGE) price surged nearly 20% and hit the $0.20 mark, igniting a new bull run in the meme coin. Dogecoin valuation now hits $30 billion with bulls anticipating a parabolic rise similar to the 2021 rally. Amid such conditions, a promotion from Elon Musk will add fuel to the DOGE price explosion. Historically, Musk’s tweet has catalyzed multiple Dogecoin price spikes. As Dogecoin’s price exceeds $0.20, teasing a new potential rally, will possible ETF approvals and a promotion from Elon Musk repeat the historic past?