I personally do have a lot of Doge. I am just surprised that so many people are investing most of their money in Doge or putting thousands of dollars into it. I even saw someone invest their entire paycheck.
Doge is a memecoin, but it is still a memecoin. There is no limit to its supply. This means the price will keep going down unless its popularity increases or exceeds the minting volume.
In my view, 1 Doge = 1 Doge, and it always will be. It is a currency meant to be used, not a store of value. If you are using this currency to store your value, I hope you can also use it to tip your favorite online creators, buy pizza, or in other ways get more people to have Doge. This is the only way for Doge's value to rise and remain high.
Doge is meant to be used, not stored.