Doge is already experiencing a big bullish because of his tweets which makes an absurd ATH. I love Doge, of course, Doge is good for long term Hodl imo. *This reduction in price is an opportunity to buy
I don't think right now is the best time to buy or invest into dogecoins because yes the price might have dropped a touch and might go higher later but really it is always bad to invest into something when its experiencing a bull run and rolling around the all time high.
I am just watching the whole scenario and having fun because I don't care if the doge coin gets pumped or dumped but why I am watching all the tweets and reactions is because it helps understand what will happen to other coins in future when he promotes them.
With his series of tweets, Elon Musk did free advertising for Binance, and Binance earned obscenely much on MM DOGE and commissions (record trading volumes), apparently using part of the income on BNB.
The good thing about him is that he does what he feels right and good and doesn't care if in process a product or a service gets promoted.