I think Dogecoin is a very strong project and the main point is that a Alon musk support of this project so they show that it will be a successful project in future.
According to my experience is that one the market situation is good so the project definitely achieve their goals.
so what's the reason you say doge project is very strong? even though we all know that doge is just a meme coin without any utility.
is it just because of elon support? I think that could be a weakness for doge if one day elon goes bankrupt or loses interest in crypto. I think a strong project is a project that grows and grows bigger because all communities are not just one person. but apart from that problem I am very amazed at doge and appreciate it because currently only doge coin memes are consistently ranking up and currently doge is ranked 8th CMC (very extraordinary)
Perhaps you are wrong in your assumption that Doge is just a meme coin and no utilities. It survives and remains one of the top coins in the market because of support from the community. FYI, some traders are using this platform because of its low fees compared to Bitcoin and ETH, which give them value.
https://cointelegraph.com/blockchain-for-beginners/dogecoin-doge-vs-ethereum-eth-the-ultimate-comparisonhttps://www.investopedia.com/terms/d/dogecoin.aspWithout Elon Musk, Dogecoin will remain on the market. I'm not going to say it was a strong coin and highly recommendable for investment but I still know that some investors will not giving up Dogecoin even in the future.