This is a meme coin
It is supported by people that like online jokes, pranks... and dogecoin is not exclusive. To me the coin ( dogecoin) is receiving over hype and that all it get, apart for the Elon shilling I see no real potential in dogecoin, to me dogecoin is a bubble that can burst at anytime.
it looks like it, dogecoin gets too much hype which makes the price of this coin so high. plus the shillings made by Elon made
more and more people are buying doge because they see the incredible hype.
It's a shame that until now doge doesn't have a good project even though many people already know about this coin.
actually it is a good potential to be able to develop a project with this dogecoin.
If you don't have a clear project, I think the bubble will burst at any time.