I think the current doge price increase is because people speculate when they see Elon buying shares from Twitter.
I don't think this has anything to do with it, but in fact the price of doge is currently rising when Elon has already bought Twitter shares.
for short-term trading may be suitable doge. because it is very easy to pump. but I harag doge should have thought about the project that will be developed using this coin.
We can see that many people know dogge and the market cap is already big. I think this is the initial capital to make Doge a part of Elon's future project