DOGE Rocket Ignites: Musk’s Latest Endorsement and Thumzup Integration Send Memecoin Soaring

Elon Musk strikes again—this time sending Dogecoin on another wild ride as the billionaire's latest comments combine with Thumzup's integration news to create perfect memecoin storm conditions.

The Musk Effect in Full Force

When the world's richest meme lord speaks, crypto markets listen. Musk's latest Dogecoin endorsement triggered immediate buying pressure, proving once again that a single tweet can move billions in market value faster than traditional analysts can update their spreadsheets.

Thumzup Integration Adds Fuel

The timing couldn't be more perfect—or more suspiciously coordinated. Thumzup's announcement of DOGE integration provides the "utility" narrative crypto traders desperately need to justify chasing another memecoin pump. Because nothing says serious financial innovation like social media tips meeting joke currency.

Wall Street analysts watching from the sidelines must be wondering why they spent years studying discounted cash flows when the real alpha comes from monitoring a billionaire's Twitter feed. Meanwhile, DOGE continues to defy every traditional valuation metric, proving that in crypto, sentiment often trumps fundamentals—and meme magic still moves markets.

The meme coin touched a 24-hour high of $0.208 after climbing from a one-day low of $0.1956. Trading volume for Doge fell 37% to $3.19 billion during the same period.

The price movement follows recent comments from Tesla CEO Elon Musk on social media platform X. Musk responded to a post about Bitcoin’s energy-based model being resistant to government manipulation.

When Dogecoin community account “Sir Doge of the Coin” noted that Dogecoin also operates on an energy-based system, Musk agreed with the statement. This interaction sparked renewed interest among crypto traders.

💯

— Elon Musk (@elonmusk) October 14, 2025

Musk has supported Dogecoin since 2019 and frequently posts about the cryptocurrency on social media. He refers to himself as the “DOGE FATHER” and has called the coin “the people’s crypto” in previous statements.

In 2021, Dogecoin’s price jumped after Musk appeared on Saturday Night Live and discussed the cryptocurrency. His comments and posts have historically influenced Doge price movements.

Corporate Integration Plans

Digital advertising technology company Thumzup Media announced on Wednesday it will explore integrating dogecoin as a payment option. The company wants to use DOGE to pay users who share content about advertiser products through its app.

TRUMP FAMILY-BACKED $BTC AND $DOGE TREASURY FIRM 'THUMZUP' $TZUP CONSIDERS ADDING $DOGE REWARDS TO ITS MOBILE ADVERTISING APP pic.twitter.com/zVd3GesUIa

— The Wolf Of All Streets (@scottmelker) October 15, 2025

Thumzup CEO Robert Steele said the integration could reduce transaction costs and enable faster cross-border payments. The company currently pays users in cash rewards.

“Exploring Dogecoin integration is an important next step in our journey to create a scalable, low-friction rewards engine,” Steele stated. The rollout WOULD be phased and depend on technical testing and regulatory approval.

Thumzup holds about 7.5 million DOGE in its treasury as of September 30. The company also holds approximately 19 BTC and recently provided a $2.5 million loan to DogeHash to expand Dogecoin mining operations.

The company launched its crypto treasury in January with a $1 million Bitcoin investment. Thumzup’s board authorized expansion into other cryptocurrencies including Litecoin, Solana, Ripple, Ether, and USD Coin.

Price Analysis

Despite the daily gain, Dogecoin remains down over 20% in the weekly chart and approximately 24% over the past 30 days. These losses reflect a broader market selloff that occurred recently.

Dogecoin Futures Open Interest data from CoinGlass showed an increase of 1.5% to around $2 billion. The Relative Strength Index stood at 43, placing the cryptocurrency NEAR oversold territory.

As long as $0.16 holds, Dogecoin $DOGE still has a strong shot at rebounding toward $0.48. https://t.co/l3Nc9Eupxq pic.twitter.com/02x0lmJSri

— Ali (@ali_charts) October 13, 2025

Analyst Ali Martinez stated that DOGE price must maintain support at $0.16 to continue upward movement. If this level holds, Martinez predicts the price could reach $0.48.

Analyst Trader Tardigrade offered a more optimistic forecast, suggesting Dogecoin could rally to $0.9. However, he noted the cryptocurrency must hold the $0.20 support level.

Thumzup Media’s stock price fell 5.3% to $5 per share following the Dogecoin integration announcement. Dogecoin traded at $0.20 at the time of the company’s press release.