We cannot tell whether a coin is dead or not by looking at its price. I don't think this is a correct analysis. Sure, Dogecoin is shit but it's a very old  memecoin and most importantly it is the ancestor of memecoins. So, it will always be in our lives. Its price will change according to the movement of the market. If Bitcoin manages to trade at a better level, Dogecoin will gain in value, if Bitcoin fails to trade at a better level, Dogecoin will also lose value. In general, it cannot create an image independent of the market...