It has been repeatedly said, that the reason behind the massive pump in price of dogecoin is due to Elon musk hype and nothing more than that. He is the one behind the massive push in price. and investing on it might take decades to assume it rise. Most investors have decided never to invest in it anymore because they think it a fomo kind of coin that grow as a result of social media influence. So if you decide to buy doge is up to you.
Doge coin is a successful coin but as it is a meme coin so people are afraid about its investment but it is not as bad as people think about it. Every coin will give you profit after a long time so don't think that if the doge coin does not surge quickly then it is a useless coin therefore one should try to evaluate knowledge in order to understand the success of coins.
Anyhow every individual has a different concept and they think every coin differently but I think doge is a meme coin but among meme coins doge is a successful coin so if one does not get fear of its meme nature then he can get profit if keep with patience.