People have always bought silly trinkets and useless things, what's wrong with that? This doesn't "fly in the face" of anything, the price is being set by supply and demand. It just so happens memes can create demand.
The people actually investing in dogecoin are doing so because they believe the price is going to go up, the same as people who invest in anything else. They will lose or gain money depending on whether they are right or wrong.
The people actually investing in dogecoin are doing so because they believe the price is going to go up, the same as people who invest in anything else. They will lose or gain money depending on whether they are right or wrong.