Welp, I admittly was close to cashing out but I decided to wait until the next rewards halving. Seems so far away.

It's quite profitable to mine atm. Don't get pissed at people who is mining it for profit though. Buy more dogecoin if you think the price is truly too low.

Infact hope for more people to mine, the more that mine then more expensive it is to mine -> it's worth more.
Also quite none can predict where the value would go. Maybe it picks up, maybe it turns out to be a short fad. Sometimes I think people only make predictions to be able to go back and say that they were right for brownie points, when it was a wild guess to start with.

Personally I'd think that most altcoins don't really have much actual use other than pure speculation, but they're still fun to mine and use.