i am considering dogecoin is a sleep coins and its waiting to gets up. i think there is a lot of people which investing their money into dogecoin because i see in every exchanges, the dogecoin order buy and sell is filled by big amount of bitcoin and the small amount is not too much than the bigger one so i guess in the dogecoin itself, there is many big whales which is trading this coin, waiting to see the high price for the dogecoin.
For trading sometimes, dogecoin has been some pretty good unstable coin to trade and make a lot of profit on those little profit margins you see.
For long term investment, I do not see how this can be true when it is being pushed down the ladder every now and then and so many coins with greater potentials keep coming up. I really do not see that much happening for it and development is also very low.