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.

Admittedly, the doge currency is being blown quickly. It took me by surprise when within a week there was a lot of price increases
I think it's going to go up to 1$. With the current market and the number of participants investing, the price it achieves is not surprising
New or old investors are interested in it.
Dogecoin is considered to be the most potential coin of all time as it is always among the top 30 coins on coinmarketcap though its price was not increased that much but this time it breaks all records and currently trading at .4$, dogecoin will easily cross 1$ milestone by the mid of may so buy dogecoin and get some good profit in near future.