Doge Coin: Serious or a Distraction? How long before it trades at $1

Doge coin was created and promoted by Elon musk as a meme coin in 2013 but has since failed to boom as many expected even with repeated twitter rounds by notable names like Mark Cuban. The question on whether dogecoin holds any value is debatable. Doge is inflationary without investment support, it has no staking reward with limited functionality. these critical issues may be why investors are actively avoiding long term investment in the coin.
Another issues is the reluctance of Tesla and other merchants currently trading with bitcoin to accepting Dogecoin in settling purchases, this is by far undermining the currency.
Dogecoin with its limited functionalities and its murky history is not actually made as a coin to stay and going forward its survival would be dependent on the lability of the developers to attract more investors, create more functionalities and marketing.