This goes back to the origin of Dogecoin. Dogecoin was created to meme Bitcoin for fun. It didn't make any sense from the beginning.No one expected Elon Musk to take a fancy to Dogecoin, which started this craze Dogecoin hype.
This hype has taken Dogecoin to an unexpected position. This coin has pumped as much as the speed of a rocket because of Elon Musk. But those who were attracted to this hype and bought near the top, are now at a loss. No one knows if this coin will ever go to that price again.
Because it's a memes coin, big Whale has played with this coin. If they have any plans for the future, then we have a chance to see a good price. So it is better to stay away from this hype now considering the situation of the market.
well dogecoin has a price this expensive and many people know about dogecoin because there are people who make the price go up and make many people know dogecoin even though dogecoin is currently not in the interest of many people until there are big investors who come in like Elon Musk and others.