Dogecoin Price Jumps 4% Today (3/26): House of Doge Launches Official DOGE Reserve!

Jakarta, Pintu News – The Dogecoin DOGE3.46%->Current DOGE PriceRp 2.8993.46%Market CapRp 914,37 TriliunTrading VolumeRp 74,07 TriliunCirculating SupplyRp 147,24 Miliar price has recently experienced a surge in momentum, as the House of Doge made a big move by purchasing 10 million Dogecoins.

This purchase is expected to be an important factor in driving the adoption of Dogecoin as a mainstream payment option in the market.

With the Dogecoin Foundation’s new corporate division now leading the charge, the market is beginning to anticipate the possibility of a price rally that could push the value of Dogecoin up by 16% or even more.

Dogecoin price rises 4.37% in 24 hours

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On March 26, 2025, the price of Dogecoin (DOGE) recorded an increase of 4.37% in 24 hours, trading at $0.1931, equivalent to Rp3,202. DOGE had its lowest level at Rp3,023 and its highest level at Rp3,256.

At the time of writing, Dogecoin’s market cap stands at around $28.64 billion, with trading volume also rising 0.02% to $1.56 billion in 24 hours.

House of Doge Launches Official Dogecoin Reserve

House of Doge, a new division of the Dogecoin Foundation, recently launched the Dogecoin Official Reserve. This move aims to reduce transaction delays, which has been one of the reasons for the low adoption of digital currencies.

In an effort to achieve this goal, the House of Doge has purchased 10 million Dogecoin at the current price.

With the establishment of this reserve, the House of Doge wants to create a mechanism for DOGE to become a viable and efficient international currency. This initiative is expected to shorten the transaction settlement time on the blockchain, thereby improving payment efficiency for both businesses and consumers.

Michael Galloro, an elected board member at the House of Doge, stated that the establishment of this reserve will increase the speed of transactions and the real usability of DOGE in everyday life, making it the best choice for everyday use.

Dogecoin’s Potential as a Mainstream Payment Instrument

Following the launch of the Dogecoin Reserve, which is similar to the Strategic Bitcoin Reserve narrative, the House of Doge is determined to make Dogecoin a means of payment that can be used by businesses around the world.

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The project aims to enable merchants to accept payments in Dogecoin through a simple button at the point of purchase, minimizing transaction settlement time on the blockchain.

With faster transactions and lower fees, Dogecoin is starting to emerge as a more efficient payment method than current online payment methods that tend to be slow and expensive.

One of the other advantages of Dogecoin as a payment solution is its inflationary nature, where the number of coins created will continue to grow linearly. Unlike Bitcoin, which has a limited supply, Dogecoin can be produced indefinitely, making it more suitable for everyday use.

In addition, House of Doge will also implement various strategies, such as cashback programs, to encourage consumers and merchants to use Dogecoin more frequently in their daily transactions.

Strategic Partnerships to Drive Adoption

In the coming months, the House of Doge will announce various partnerships with merchants to demonstrate how these digital assets can be used in real life.

The move also includes the acquisition of a payment solution provider that allows Dogecoin to be used in business activities.

In this way, House of Doge aims to popularize the use of Dogecoin as a widely accepted payment method. The goal is to make Dogecoin capable of handling a large number of transactions, with sufficient speed and security to be used by the masses.

If this is achieved, Dogecoin has the potential to become a more widely accepted payment method in the market, even compared to conventional payment methods.

Dogecoin Price Action Shows 16% Rally Potential

The Dogecoin price is currently showing signs of bullish momentum, with a number of technical indicators signaling a potential rally of up to 16% in the near future.

According to crypto analyst Ali Charts, the Dogecoin price is currently consolidating within a symmetrical triangle pattern, which is often considered a trend continuation pattern.

Read also: Dogecoin Open Interest Hits $1.73 Billion, Analysts Predict DOGE to Soar up to 1200%!

If a breakout occurs, the price of DOGE has the opportunity to reach the range of $0.19 to $0.20. In fact, if this uptrend continues, the value could soar even higher.

Other indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are also showing significant buying pressure, indicating that the bullish trend on Dogecoin is likely to continue.

Another crypto analyst, Trader Tardigrade, also stated that the Dogecoin price is currently coming out of a consolidation phase that started in April, similar to the pattern that occurred in 2017.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Dogecoin Price Eyes 16% Rally As House of Doge Buys 10M DOGE. Accessed on March 26, 2025