Of course nothing is impossible. But Doge is one of the worst bets you can make right now. And with the onslaught of serious companies this probably won't change either. Doge only worked because there were no other coins in the past. Now it's just a fringe meme with no dev support and a relatively small community.
I still have a solid stash of Doge just for the fun of it, but I don't think that these will bring me in any profits.
There were no other coins in the past? As a person who mined doge on day 1, there were hundreds of other coins already existing when doge launched. The announcements subforum (this one) is a lot more active than before, but even back then it was so spammy with so many new threads every second.
Doge's success was because it was a joke. It was made to parody all the other serious coins out there. There were coins for every topic under the sun: "casino coin", "earth coin", "gold coin", "digital coin", "infinite coin", etc. Each one of these coins had very long descriptions about plans for the coin (saving the planet) or a coin for casinos, not unlike ICOs today. The only joke coin was Doge, and that's how it became viral.
I get that, since I bought some Doge when they came into existence. But the times are changing. Back then the community consisted mostly of nerds, a lot of which were very susceptible to memes like that. Now the investing mainstream is slowly picking up pace in the scene, and they won't care anywhere nearly as much about memes as the initial crypto players.
The Dogecoin developer also denounced crypto on the news not too long ago and stamped them as a fad.
That combined with the fact that Doge has absolutely no development going on anymore is a collection of nails in its coffin. It would take some serious developing and marketing to get it back on track, and I don't even see any hints of that taking place anytime soon.
