Eventually, yes.
Doge is as yet a more acceptable crypto compare to many others. It have its worth, not only because Elon tweets about it but Doge can find it's way up to a dollar. It most likely will pass the 1 dollar with a decent edge in couple of months. For now it's more like a bet but Doge will pay off big time. Elon is obviously pumping it.
You may be right in terms of getting profit. But it's not good sign for total crypto market rising doge coin similarly meme coins. Moreover, doge coin seems not decentralize so that there are high possibility to ban crypto in many countries due to rise of doge rather than any mainstream coin like bitcoin, binance, Ethereum and Dot