{"id":18908,"date":"2025-03-25T07:46:49","date_gmt":"2025-03-25T07:46:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18908"},"modified":"2025-03-25T07:46:49","modified_gmt":"2025-03-25T07:46:49","slug":"dogecoin-foundation-purchases-10m-tokens-as-part-of-new-doge-reserve","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18908","title":{"rendered":"Dogecoin Foundation Purchases 10M Tokens as Part of New DOGE Reserve"},"content":{"rendered":"<div>\n<p>The Dogecoin Foundation\u2019s corporate arm, House of Doge, has <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/03\/24\/3047794\/0\/en\/House-of-Doge-Announces-Launch-of-The-Official-Dogecoin-Reserve.html\" target=\"_blank\">purchased over 10 million dogecoin<\/a> (DOGE), worth just over $1.8 million, as part of a broader DOGE reserve strategy.<\/p>\n<\/p>\n<p>House of Doge is the Foundation\u2019s corporate and commercialization unit, which was formed in February with a five-year deal in place. It hopes to position DOGE as a payment currency, away from its predominant existence as a memecoin, as part of a framework to show it can be used for everyday payments at very low fees.<\/p>\n<\/p>\n<p>House of Doge added it will unveil partnerships with various payment processors in the coming months.<\/p>\n<\/p>\n<p>\u201cWith a strategic reserve, the House of Doge is laying the foundation for a payments ecosystem that ensures liquidity, stability, and reliability,\u201d said Michael Galloro, a Member of the Board-Elect of the House of Doge, in a release. \u201cBy maintaining a reserve, we can bridge the gap between transaction processing times and real-world usability, making Dogecoin extremely practical for everyday purchases.\u201d<\/p>\n<\/p>\n<p>DOGE was among the highest gains in the run-up to President Donald Trump\u2019s election due to the possibility of its abbreviation becoming part of the administration: the \u201cDepartment of Government Efficiency,\u201d abbreviated as D.O.G.E.<\/p>\n<\/p>\n<p>It has since seen profit-taking and a sell-off alongside the broader market, with prices down more than 30% since January, <a href=\"https:\/\/www.coindesk.com\/price\/dogecoin\" target=\"_blank\">according to CoinDesk market<\/a> data.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Dogecoin Foundation\u2019s corporate arm, House of Doge, has purchased over 10 million dogecoin (DOGE), worth just over $1.8 million, as part of a broader DOGE reserve strategy. House of Doge is the Foundation\u2019s corporate and commercialization unit, which was formed in February with a five-year deal in place. It hopes to position DOGE as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18908","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18908"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18908\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}