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Home Bitcoin

Dogecoin Price Drops As Thumzup Eyes DOGE Payments

October 17, 2025
in Bitcoin
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Dogecoin Price Drops As Thumzup Eyes DOGE Payments
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The Dogecoin worth slid 5% within the final 24 hours to commerce at $0.1964 as of three:50 a.m. EST on a 21% plunge in buying and selling quantity to $2.8 billion.

This fall got here regardless of Thumzup Media, an organization with sturdy ties to President Donald Trump, saying plans to combine Dogecoin (DOGE) as a cost mechanism for customers of its Thumzup app.

The Firm mentioned the initiative might strengthen its rewards infrastructure, cut back cost friction, and assist the growth of its creator monetization mannequin throughout broader geographies. It might additionally push DOGE towards higher mainstream adoption.

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

“Exploring Dogecoin integration is a vital subsequent step in our journey to create a scalable, low-friction rewards engine,” mentioned Robert Steele, Chief Govt Officer of Thumzup. “If profitable, this alteration might enhance our unit economics and enhance attraction to a broader, crypto-friendly creator base.”

X MONEY IS PREPARING FOR GLOBAL ROLLOUT

And it’ll allow customers to ship and obtain funds immediately throughout borders.

Cash and the Web are lastly turning into one.

Might DOGE play a major position in X Cash’s immediate cost community?

Bit Origin is already betting on it… pic.twitter.com/dxv5uaL5dE

— Mario Nawfal (@MarioNawfal) October 15, 2025

Steele additionally mentioned it might result in greater person satisfaction.

Thumzup, The Trump Impact, And On-Chain Indicators

Thumzup Media now holds round 7.5 million DOGE in its treasury, together with Bitcoin and different large-cap property.

This follows a $2.5 million funding in DogeHash Applied sciences, a Dogecoin mining firm. The transfer indicators critical perception within the meme coin’s tech and future as a funds rail.

The Trump connection provides extra buzz. Trump’s circle of relatives members are supporters of each Thumzup and Dogecoin, and the linkage might open the door to broader cultural and political adoption within the US. Trump-linked corporations shifting into DOGE is a confidence increase for traders trying on the meme coin’s subsequent chapter.

Thumzup’s plan is to roll out DOGE rewards in phases, as soon as technical and authorized checks are completed. The payout system will run side-by-side with commonplace money, letting customers select. This twin monitor ought to assist DOGE appeal to each crypto followers and customers new to digital property.

On-chain exercise can be on the rise. Lively pockets addresses and transaction counts have climbed, reflecting a rising person base utilizing Dogecoin for funds and sending cash throughout the community.

Dogecoin Variety of Lively Addresses Supply: Glassnode

If Thumzup adopts DOGE funds for all customers, extra wallets and transactions might comply with, additional boosting these metrics and setting the stage for wider adoption.

Dogecoin Worth Prediction

Trying on the Dogecoin weekly chart, the value is at $0.19684, barely under the 50-week easy shifting common (SMA) of $0.24817, which is now appearing as sturdy resistance. The important thing assist is the 200-week SMA at $0.13654, which strains up with a broader horizontal demand zone.

Every dip in direction of this zone has triggered shopping for curiosity in current months, holding the value above deeper lows.

DOGEUSDT Evaluation Supply: Tradingview

On resistance, quick overhead is at $0.24817. If Dogecoin breaks above this mark, the following targets are $0.30 and $0.48, with further upside if quantity will increase and new consumers be a part of.

The Relative Energy Index (RSI) is close to 46, signalling that DOGE is neither overbought nor oversold, which means there’s loads of room for a transfer in both course. The MACD (Transferring Common Convergence Divergence) is flat, with neither consumers nor sellers decisively in management in the intervening time.

The ADX (Common Directional Index) is at 18.7, confirming that the present development is weak however steady.

If Dogecoin can break above the $0.24817 resistance zone, the following upside targets are $0.28 and $0.30, particularly if optimistic information about Thumzup’s rollout picks up extra media consideration.

On the draw back, if costs break under $0.13654, assist sits at $0.0805. However such a transfer would possible set off heavy shopping for from merchants who missed earlier rallies.

Dogecoin’s subsequent transfer could rely upon how shortly these options attain customers and appeal to wider crypto inflows.​

If DOGE holds above $0.19 and Thumzup launches with out points, a push towards $0.25 or greater is probably going. Any large-scale person adoption might see the value run a lot additional, making Dogecoin one to look at within the weeks and months forward.

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