Despite Dogecoin's (CRYPTO: DOGE) spike, cryptocurrency punters doubt the memecoin will clear the $0.10 resistance before July ends.

Will DOGE Breach $0.10?

Polygon (CRYPTO: POL)-based Polymarket currently assigns only 1% chance that DOGE breaches the key level in July, down sharply from 50% only three weeks ago.

Beating this would require the memecoin to climb 37% from where it is now.

Meanwhile, the odds that the price would plunge below $0.05 remained low at just 2%, indicating reduced expectations of extreme downside risk.