In the past week, Dogecoin, the meme-inspired cryptocurrency, has shown steady growth, contrasting with struggles faced by Bitcoin and Ethereum. Despite being far from its peak value, Dogecoin's price has surged notably over the last month and year. With its current price at $0.182 and a market cap of $26.13 billion, it holds the 8th position on CoinMarketCap.

Reasons for the anticipated surge in Dogecoin's price are manifold. Firstly, "DOGE Day" on April 20, commemorating the coin's lighthearted origins, has historically led to price increases. Technical analysis by experts, such as Rekt Capital, also suggests a positive trend, with Dogecoin forming bullish patterns indicating potential upward movement.

The launch of Dogecoin futures trading contracts by Coinbase Derivatives on April 1st is expected to generate further interest in the cryptocurrency. This move, despite Dogecoin's origins as a joke, underscores its growing legitimacy in the crypto world.

Moreover, social awareness around Dogecoin has been increasing steadily, with the number of investors surpassing 6.58 million. As April approaches, this figure may rise to seven million, potentially driving Dogecoin's price to $0.34, representing a 100% increase.

In conclusion, despite challenges faced by other cryptocurrencies, Dogecoin's recent surge suggests a doubling in price may be on the horizon. Technical indicators, upcoming events like "DOGE Day," and initiatives such as futures trading contracts contribute to a positive outlook for Dogecoin's future. Its unexpected success highlights its growing significance in the cryptocurrency market, transcending its meme origins.