The crypto market is unpredictable. No one can guarantee that a certain coin will skyrocket sooner or later. And there are a lot of factors influence the price of DOGE like Musk's tweet, for example. I store some DOGE on my OWNR wallet, I'm not going to sell it in the nearest time because I believe DOGE has a great capability.
I see DOGE has a more stable price if Bitcoin does not increase at all. So Doge coins are good for you to invest in for a long time because you are not surprised by the decline in these tokens.
Dogecoin is a typical example of a pump and dump coin. It can go up 20-25% with 1 tweet of Elon Musk and a couple of days later, it will get dumped again. We saw these pumps and dumps already a couple of times this year. It is a good coin for short term trading but, in my eyes, not for long term holding.
I have also seen recent gains on DOGE and was surprised by the new chart of the coin. Very good investment. I will not waste this opportunity later.