DOGE News: House of Doge Launches Official Dogecoin Reserve with 10M DOGE Purchase

In a significant move for the Dogecoin community, the newly formed corporate arm of the Dogecoin Foundation, House of Doge, has announced the establishment of an official reserve with a substantial purchase of Dogecoin.

Dogecoin’s New Corporate Arm Launches 10M DOGE Reserve

Dogecoin Foundation’s newly formed corporate division, House of Doge, has announced the establishment of the Official Dogecoin Reserve by purchasing 10 million DOGE at market value. The Reserve aims to position Dogecoin as a fast, decentralized currency suitable for global payments, acting as a liquidity buffer for merchants and users. Despite active addresses dropping by 75%, the news led to a strong bullish momentum in Dogecoin’s price.

Dogecoin (DOGE) Market Cap May Hit $100B, Mutuum Finance (MUTM) Presale Surges

In seven days, over 120 million Doge tokens have been purchased by large-scale investors, pushing the price target to $4.5 and a potential market cap of over $100 billion. Meanwhile, Mutuum Finance’s third presale phase is 80% done, with tokens being sold at $0.02 each, offering early investors a 25% profit before the next price increase.

Dogecoin’s Price Movement and 2024 Performance

If you invest $1,000 in Dogecoin (DOGE) today, the returns in 2026 could be significant based on recent trends. Over the past 24 hours, Dogecoin saw an 11% increase, trading from a low of $0.183 to a high of $0.2033. This made Dogecoin the top performer of the day. Looking back at 2024, Dogecoin recorded a 92% rise, starting the year at $0.1629 and reaching notable peaks despite not being as lucky as some other cryptocurrencies.