I'm not buying it. According to this subreddit, it was supposed to "go to the moon" at 9:00, then 9:30, then 10:00, then 3:00. Instead, it went down. People who bought high are encouraging other people to buy more so they don't lose money when it's totally possible that they're just gonna cash out when they break even or make a slight profit because of fear of the clear volatility that we've seen today.

A number of new investors who literally have never bought a stock or crypto currency in their life prior to yesterday seem to have panicked and bailed (as I've seen on here and Twitter), and I'm sure a good number of the investors who saw 700% gains already cashed in. Maybe I'm wrong, but I don't see Dogecoin getting higher than $0.10... At least in the near future. I feel like I could invest my money better elsewhere.

Disclaimer: this is not financial advice, just my thoughts and observations.