the thing with this coin is that it's value was mainly driven by the fame that it has, once that lost and the meme trend somehow becomes boring, it will eventually get left by many, the only thing that keeping it alive until now is the fact that many still rides in the train of this coin because they wanna make quick money and that's it, they always waiting for other opportunity like before which of course rather uncertain but still could be happening, but eventually, dogecoin will reach some point where their valuation already tremendously high that it isn't sustaining.
Yes, remember that it is a meme coin to begin with, and then when some famous people hype and drive the coin, ehem, ehem, Elon Musk, people suddenly thinks that it is a good coin to invest. But if you look closely, it doesn't have a used case so what is all the fuzz about it?
In any case though, I don't think it will die, it will still have the support of the community, some old heads as they call because Doge truly represents what a meme coin it.
But we knows, maybe in the future it will have a good pump and dump.
