DOGE News: Dogecoin Foundation Launches Corporate Arm and Strategic Reserve, Boosting Price

In a move that could significantly impact its market position and appeal, the Dogecoin Foundation has announced the launch of a new corporate arm called ’The House of Doge.’ This entity has also established a strategic reserve of the cryptocurrency, leading to a notable price increase.

Dogecoin Foundation Launches Corporate Arm and DOGE Reserve

Dogecoin has gone up by 5.3% in the past 24 hours to $0.1923 after a new entity called “The House of Doge” announced the launch of a new strategic reserve. To fund this initiative, a total of 10 million Doge tokens worth approximately $1.8 million were bought. House of Doge has been tasked with promoting the cryptocurrency’s appeal as a payment method to corporate partners, such as merchants. Michael Galloro, a member of the foundation, commented, “By maintaining a reserve, we can bridge the gap between transaction processing times and real-world usability, making Dogecoin extremely practical for everyday purchases.”

Dogecoin Reserve Launch and Investors’ Focus on Remittix (RTX)

Dogecoin fans have been buzzing due to the launch of the Dogecoin Reserve, where the House of Doge acquired 10 million DOGE to enhance transactions and liquidity. Although this move indicates belief in Doge as a payment tool, some are skeptical about its immediate impact on price. Meanwhile, investors are shifting focus to Remittix (RTX), a new PayFi project aiming to compete with Ripple. RTX offers fast, low-fee payments, and analysts predict significant gains both during the presale and post-launch.

House of Doge Establishes Official DOGE Reserve

The Dogecoin Foundation’s corporate division, House of Doge, has announced the launch of an official DOGE reserve with the purchase of 10 million DOGE tokens worth approximately $1.84 million. This initiative aims to strengthen Dogecoin’s role as a global payment solution. The reserve was officially announced on March 24, 2025, via X (formerly Twitter). With this development, Dogecoin can potentially become a globally recognized digital currency, addressing key challenges that have hindered its adoption.