I think one of the problems with doge is also why it's popular ... it appeals to young people.

So they think if they invest $500 or so, one day they will be rich. They look at bitcoin and think if doge only hits $1, they will have it made. But they don't take into account the number of doge out there.

Again, I'd say hold, but you can diversify a bit for free.

Do the giveaways from various forums (was a lot easier when they were all listed here), do contests, try some freebie azure cloudmining. You won't get rich from it, but you can get a mix of coins that way over a month or so... maybe $100-$200 worth, or more if you hit a lucky pump and dump. Again, you won't get rich, but you also minimize any risk from holding your doge.

I also put a little bit in maza today (basically cashed out giveaway coins I stored up)... couple of hundred coins, which is miniscule to what most probably have, but free is free. I'd normally dismiss coins like that, but after seeing that iceland coin, who knows... could possibly go crazy (or collapse completely).