Actually, the Meme Coin shocked many people when Bitcoin reached ATH a time ago before halving, so almost all the coins increased sharply. Unfortunately they could not survive because of the influence also of Bitcoin.
I think the right way you do to store doge, because during the upcoming bullish season it is not impossible any more awesome surprises, especially for doge.
Many meme coins could still increase high in the current bullish season, unfortunately Dogecoin still can't increase as expected. So far, I see Dogecoin still can't create a new ATH although Bitcoin already hits a new ATH. Instead of increasing high, I saw Dogecoin price freefall several times. Whenever Bitcoin drops significantly, I noticed Dogecoin price also followed the decrease.
You're right many new meme coins can't survive. Although they could increase significantly for few days, but they keep decreasing after the raise ends. I think it is caused by the manipulation of some big players on meme coins. Or the developers of those meme coins only want to take profits from the hype, then they disappear.
Doge is not a bad option for investment. But we must be wise to use our funds. Since no big hype anymore in Dogecoin, I think we don't set too high target for Dogecoin.
Many hope that when bitcoin can print its latest ATH, doge, as the leading meme coin, will be able to reach ATH or at least get close, but unfortunately, it can't be done, even though the best opportunity to do that is, it seems like the community doesn't move together to be able to push to be able to move well, always hoping for an elon to be able to improve, where it's hard to see that happening again.
I agree with you, that no matter what, it is still the best choice among the existing meme coins and can very well move to increase in time, but it's very uncertain that it will be able to reach its ATH again, let alone hope it can be at $ 1. We will find it hard to see that unless there is an unexpected surprise.