Dogecoin has to be an example for future projects. It was not even designed to do anything except on being just a meme coin but what is great with this is the community backing up the project mostly due to its low fees and faster transaction speed.
If I'm correct, it's almost the same thing with bitcoin? It reached 0.01$ once but since then, its price is decreasing.
I have the almost same question about Ripple coin which is insane how long its bear run going on
Ripple is backed by bank and governments that can be the possible reason why there is a community supporting the project.