Dogecoin Foundation uses 10 million dogs for strategic reserve: A step to establish Memecoin as a serious means of payment

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Dogecoin Foundation stärkt das Dogecoin-Ökosystem mit strategischer Reserve Die Dogecoin Foundation, die gemeinnützige Organisation hinter dem Dogecoin (DOGE)-Ökosystem, unternimmt maßgebliche Schritte, um die beliebte Memecoin auf ein neues Niveau zu heben. Über ihren kommerziellen Arm, House of Doge, hat die Stiftung kürzlich mehr als 10 Millionen DOGE gekauft. Ziel ist der Aufbau einer strategischen Reserve, die die Liquidität, Stabilität und Zuverlässigkeit von Dogecoin als Zahlungsmittel fördern soll. Die Grundlage für alltägliche Transaktionen House of Doge wurde im Februar 2025 gegründet und zeigt bereits große Ambitionen in Bezug auf Expansion. Die Organisation hat sofort eine fünfjährige Partnerschaft mit der Dogecoin Foundation …
Dogecoin Foundation strengthens the Dogecoin ecosystem with strategic reserve The Dogecoin Foundation, the non-profit organization behind the Dogecoin (Doge) ecosystem, takes relevant steps to raise the popular Memecoin to a new level. The foundation recently bought more than 10 million dogs about its commercial arm, House of Doge. The aim is to set up a strategic reserve that is intended to promote the liquidity, stability and reliability of Dogecoin as a means of payment. The basis for everyday transactions House of Doge was founded in February 2025 and already shows great ambitions in terms of expansion. The organization immediately has a five -year partnership with the Dogecoin Foundation ... (Symbolbild/KNAT)

Dogecoin Foundation strengthens the Dogecoin ecosystem with strategic reserve

The Dogecoin Foundation, the non-profit organization behind the Dogecoin (Doge) ecosystem, takes significant steps to raise the popular Memecoin to a new level. The foundation recently bought more than 10 million dogs about its commercial arm, House of Doge. The aim is to set up a strategic reserve that is intended to promote the liquidity, stability and reliability of Dogecoin as a means of payment.

The basis for everyday transactions

House of Doge was founded in February 2025 and already shows great ambitions in terms of expansion. The organization immediately closed a five -year partnership with the Dogecoin Foundation and is now acting as an official commercial partner. With a value of over $ 1.8 million, the purchase is a significant attempt to free Dogecoin from the niche of the "Memecoins" and to position them as a full-fledged means of payment for everyday use.

Michael Galloro, a member of the board, said that building a strategic Doge reserve was crucial for a stable and reliable payment system. "This creates the basis for an ecosystem that makes Dogecoin usable for everyday transactions. By holding a reserve, we can cushion fluctuations and improve usability," says Galloro in a press release.

controversy and current market development

The purchases are carried out at a striking time when the Doge course is currently in a deep. In January, the Memecoin reached a local high of around $ 0.43. The optimism was subjected to the D.O.G.E. authority, which should contribute to reducing costs, but this seems more to chaos and reputation damage.

Currently the Dogecoin course is around $ 0.18, which corresponds to a decline of around 58 %. The so-called musk effect, which has led to enormous price increases in the past, seems to be against Memecoin.

FAZIT

The Dogecoin Foundation faces the challenge of regaining trust in Dogecoin as a means of payment and at the same time countering the current market conditions. The strategic purchase of Doge and the formation of a reserve could be crucial steps to free Dogecoin from his previous role as a Memecoin and increase its suitability for everyday use.