There is nothing new with Dogecoin, only that it can be transferred to ETH. You should prepare for a dump in case i would say. Or buy if you think it can increase more. I like Dogecoin, but it is just a fun coin. We can see that coins with zero development can also get pumped.
Maybe one day they are going to do the same with Bitcoin? An ERC20 Bitcoin token? But is it a good reason for a coin price to increase?
It could definitely be a good reason to increase because people will see DOGE's market cap increase. Some people are not smart and will immediately take that as an indicator that the price is going to pump, causing FOMO and in-turn causing FOMO to further increase.
Anything new to a coin usually increases value easily, but also decreases as fast. I'd say if you want to ride the DOGE pump and dump then go ahead and try your luck.