I'm surprised to see an abandoned coin like Dogecoin surging in price like crazy. People are overestimating Dogecoin without realizing that it was never meant to be taken seriously. The huge supply of DOGE in circulation, along with abandoned development and innovation, tells me that it should be less valuable than what it is right now (please correct me if I'm wrong).
What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks.

Few years ago I had 500k dogecoins, I sold them, because I diddnt see some developing project and thought that price was true! Now I think we all see good marketing, someday it will ends!
Unfortunately yes, Doge's growth will end as quickly as it started. But when there is increased excitement around this coin, there is an opportunity to conduct successful transactions and fix profits. The main thing to remember about fixation profits. I would never risk holding this coin for a long time)