The rise was just a show of what is to come for the end of the year with Doge,
in about 5 days Dogecoin will halve the block reward to miners.
Some people say 300 statoshi by the end of the year, some people even speculate 1000
I don't know, but everything seems good, I'll keep buying and draining the faucets.
I'm holding, so I hope it goes up, but it dropped like a stone after the last halving. Although some people put the drop down to the limitless inflation change around about the same time. There was a promise of a hard cap on the number of coins before then.