As soon as doge is the most profitable coin, it will be mined by ASIC farms and multipools and then dumped on the exchanges making it not profitable again. So I think it's about time for the DEV's to really think about capping the coin as it was introduced in the first place, maybe change the PoW algo, and hey, why not also implement PoS? Of course that would need a hard fork, but it's possible without problems.
Do not let such a great thing as doge just slowly die...
What you mentioned is already happening. The good thing with doge is that it has a huge community to support it. Thats what makes it have a future for me. But if you think about it twice, changing the algo os the PoW sceme it would even have a negative effect. Do you think that the price of it would be the same if anyone with a computer was able to mine?
Why would it not? The block reward would stay the same, and if it switched to PoS, only actual Doge-holders would get the new doges, so there are more chances that they'll keep them. Is there a variable I've forgotten?