In my opinion, Dogecoin is just another normal altcoin and the value of this coin depends a lot on this market so if you have decided to invest in Doge, don't hold for a long time. I am not interested in this coin because Doge does not have any investment benefits and can put you at great risk if the coin drops suddenly. Personally, I will only spend 3% of my total assets investing in this coin and will seek to make a profit as Doge is very easy to raise prices at the end of the year.
Of course, I can lose and affect my profit because if you have accepted investment in Doge, only luck will help you earn good money.
I am not a fan of Dogecoin too, although this one is what I am eyeing way back 2 years ago, I did hold millions of it thinking and hoping it will be at least $0.5-$1 but ended up realizing that it won't happen, but still Doge is one of the legit altcoins that still standing and still working to be part of top coins too, so no wonder, a lot of people are holding it.