I really like Dogecoin but honestly, it is extremely overpriced right now because we should not forget a fact:
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
absolutely,,
because of Elon Musk this coin flying really high,
but the facts, doge doesn't have a real use cases mate,
so, in my opinion if we invest in doge for long term, the risk is higher mate