It is not so good for investment. But you can still actually make some profit from Dogecoin. You just need to enter with the right timing and leave at the perfect time as well. There is not much sense holding Dogecoin with a medium or long term target. However, it is widely used until now. If you think this coin is going to die soon, you are probably wrong about it because Doge is still backed by a big body of followers who like the way it has maintained its small value, which is good for tips and other similar transactions.