If I'm correct, it's almost the same thing with bitcoin? It reached 0.01$ once but since then, its price is decreasing.
if i'm not wrong, at the first time dogecoin born just a meme coin,
but with huge support from the community, and maybe thats why this dogecoin survive until now
actually dogecoin survives not because of community support, but many people like doge coins and transactions using dogecoin are quite fast yet the cost is very cheap compared to using other altcoins, I often use dogecoin to withdraw my trading results