DOGE News: House of Doge Launches 10 Million DOGE Reserve to Boost Adoption

In a move designed to propel Dogecoin (DOGE) further into the mainstream, House of Doge has announced the creation of a 10 million DOGE reserve, valued at approximately $1.83 million. This initiative aims to solidify Dogecoin’s status as a legitimate payment method for businesses and consumers globally.

House of Doge Launches Reserve With 10 Million Dogecoin

A new Dogecoin (DOGE) reserve set aside 10 million DOGE, around $1.83 million, to help cement the leading meme coin as a legitimate means of payment for businesses and consumers worldwide. Led by House of Doge, a new entity formed to bolster Dogecoin adoption via corporate deals and collaborations, the newly formed DOGE reserve will differ from other financial reserves like the Bitcoin Strategic Reserve. Instead of holding the token as a hedge against economic uncertainty, the DOGE reserve will act as a liquidity pool to help facilitate transactions for global merchants.

Dogecoin Prediction for April 2025: Will DOGE Price Skyrocket to $5?

The daily Heikin Ashi candles on the current Dogecoin (DOGE) chart reveal a market attempting to stabilize after a prolonged downtrend. The recent red-to-green candle shift coupled with tight-range consolidation hints at a potential bottoming out. Dogecoin price has found support around the $0.16 zone and the slowing sell momentum could indicate a quiet accumulation phase.

House of Doge Launches $10M Dogecoin Reserve to Boost Transaction Speed

The House of Doge, a subdivision of the Dogecoin Foundation, has introduced an Official Dogecoin Reserve to reduce transaction lag times. They have purchased 10 million Dogecoins worth $1.8 million at the current price, aiming to speed up blockchain transactions and improve payment efficiency for businesses and consumers.