The Dogecoin Foundation Has Acquired Over 10 Million Dogecoin (DOGE)

The Dogecoin Foundation, through its commercial division House of Doge, has recently acquired over 10 million Dogecoin (DOGE), valued at approximately 1.8 million dollars.

The Dogecoin Foundation, through its commercial division House of Doge, has recently purchased over 10 million Dogecoin (DOGE), valued at approximately 1.8 million dollars. This operation is part of a broader strategy to create a reserve of DOGE and encourage the use of the cryptocurrency in everyday payments.

The decision follows the five-year partnership between the Dogecoin Foundation and House of Doge, which was launched in February 2025, with the aim of transforming DOGE from a simple meme-coin to a viable digital currency for transactions. However, despite the strong bull increase in the price of DOGE ahead of the U.S. presidential elections, the cryptocurrency has experienced a bear decline of 30% since January 2025.

House of Doge: a step towards the adoption of Dogecoin (DOGE) in payments

House of Doge is the division of the Dogecoin Foundation specialized in the commercial development of the cryptocurrency. Created at the beginning of 2025, it aims to make DOGE a reliable and low-cost solution for digital payments.

Currently, Dogecoin is mainly known as a cryptocurrency with an ironic and speculative character. However, House of Doge wants to change this perception, demonstrating that the currency can be used in real transactions with very low fees. To this end, the company plans to announce partnerships with payment operators in the coming months, a fundamental step to promote large-scale adoption.

“With a strategic reserve, House of Doge is laying the foundations for a payment ecosystem that ensures liquidity, stability, and reliability. Maintaining a reserve allows bridging the gap between transaction processing times and real-world usability, making Dogecoin extremely practical for everyday purchases,” stated Michael Galloro, member of the board of directors at House of Doge.

Dogecoin Foundation acquires 10 million DOGE: a financial operation aimed at stability

The purchase of 10 million DOGE represents a strategic move to ensure greater stability in the circulation of the cryptocurrency. The reserves will allow for a reduction in the risk of volatility and make the payment process smoother for merchants and consumers.

The initiative comes at a crucial moment for DOGE: the cryptocurrency had experienced a strong appreciation ahead of the U.S. presidential elections due to the possibility of the new administration’s abbreviation as D.O.G.E. (Department of Government Efficiency). However, after the initial enthusiasm, the market underwent a wave of selling that led the price of Dogecoin to drop over 30% since January.

Dogecoin: from meme to usable digital currency

Dogecoin was born in 2013 as a satirical cryptocurrency based on a meme depicting the Shiba Inu dog. Despite its humorous origins, over the years it has gained increasing popularity, also supported by the interest of prominent figures like Elon Musk.

The House of Doge project represents a further evolution in the history of cryptocurrency. The goal is to demonstrate that DOGE can be a reliable digital currency, capable of supporting fast and economical transactions. This approach could attract not only investors but also companies interested in implementing a payment system based on cryptocurrencies.

If House of Doge manages to create a solid infrastructure for payments in DOGE, the cryptocurrency could finally surpass the status of “joke currency” and become a valid alternative to traditional digital payment systems.

The future of DOGE in the bull and bear market of cryptocurrencies

The future trend of Dogecoin will depend on the effectiveness of the strategy undertaken by House of Doge and its ability to forge partnerships with important players in the payment sector. The creation of a DOGE reserve is a first step towards stabilizing the currency, but the biggest challenge remains convincing companies and consumers to use Dogecoin in daily life.

The next key development will be the announcement of the partnerships with payment operators, which is expected in the coming months. This phase will be decisive in understanding whether DOGE will have the potential to become part of the commonly used digital currency landscape.

Meanwhile, the cryptocurrency market remains highly volatile, with investors closely monitoring the price changes of DOGE in response to the progress of the House of Doge project.