Some experts speculate that the DOGE price could increase and investors can make profits. However, it’s important to highlight that certain risks are also associated with Dogecoin. Due to its inflationary character, Dogecoin constantly loses value per coin over time, as more and more coins are being added. This poses a problem if you want to use DOGE for transactions or for storing money, but it can also be an advantage if you want more users to have access to the cryptocurrency. It’s important to note that past value developments are not an indication of future price trends.