If I'm correct, it's almost the same thing with bitcoin? It reached 0.01$ once but since then, its price is decreasing.
Because Dogecoin has a concept, related to price increases and decreases that are commonplace where many indicators cause it. normally if demand is large and supply is small the price will definitely go up.
it doesn't have a concept and it has an unlimited supply. You may understand it very wrong even the doge coin doesn't have developers who have been actively developing its platform.
No one is controlling doge right now and it's still survive caused by the speculation of community