In the cryptocurrency community, the establishment of the Official Dogecoin Reserve indicates that digital currency is becoming simplified to simplify everyday transactions. The House of Doge (the corporate subsidiary of the Dogecoin Foundation) said in a recent press release that it had bought 10 million DOGE to increase liquidity for merchants and users.
The shift aims to solve one of the main challenges to adopting cryptocurrencies—slow transaction processing. This change aims to allow for greater adoption of Dogecoin for transactions since it offers quicker and more seamless transfers.
Despite favourable prospects, the market’s response was withdrawn, although the news coincided with a rise in DOGE’s price. The Official Dogecoin Reserve is a move to increase Dogecoin’s viability and further establish its use case for digital payments.
Market Response Shows Early Excitement
With a surge in trading volumes that demonstrated increased investor interest, analysts read this as a sign of robust market optimism. However, the euphoria was short-lived as some investors grew more cautious.
Investors were still unsure of the reserve’s long-term effects on Dogecoin’s adoption and price stability. One of the announcement’s main effects was increased transaction activity as more users used Dogecoin for payment purposes.
This growing transaction volume implied increasing interest in DOGE as a payment settlement method. Although the reserve aims to increase adoption, many users saw the announcement as a temporary change rather than a long-term change in how Dogecoin is used.
Problems and Opportunities for Dogecoin in the Future
Although the reserve rollout was a milestone, maintaining engagement remains difficult. The Dogecoin team will need to concentrate on deploying DOGE for more real-world use cases to improve the adoption of this cryptocurrency.
Adoption frameworks must improve overall ecosystem efficiencies and provide incentives for continued engagement. Dogecoin can establish itself in the evolving field of digital currencies through innovation and practical use.
Dogecoin Price To Rally 55% With Persistent Trend
Dogecoin is currently the top-performing cryptocurrency among the top 30 by market cap over the last week and has recorded a price increase of 18% in the previous three days. According to on-chain data, DOGE produced its highest weekly gains of 2025, which hasn’t been done since the last week of 2024.
The unrealized price distribution (URPD) of DOGE indicates that 7% of the DOGE supply lies at $0.20, per on-chain data. Investors can determine resistance and support zones using the URPD metric, which represents the price at which tokens were last moved.
Leading analytics platform Glassnode pointed out that this price level might serve as a resistance level. However, the analytics company stated that there will be limited DOGE supply until $0.31, and that price would be the next significant URPD cluster if $0.20 is breached.
On the high time frame (HTF) chart, a breakout push toward $0.31 indicates the possibility of a 55% increase from its $0.20 level, opening the door for a bullish market structure.
The 3 to 6-month HODL waves are between $0.32 and $0.41, which is DOGE’s next resistance level after $0.20. These HODL waves show the area where investors acquired DOGE at specific periods.
If some traders chose to sell at break-even, this could also serve as a sell ceiling.
Ghibli Meme Coin Blow Up as Elon Musk, Others Jump on Viral ChatGPT Image Trend
After executives from Ripple, Elon Musk, and Sam Altman jumped on a viral trend using ChatGPT’s new image-generation tool, a Ghibli meme coin craze blew up on X. ChatGPT users shared a tidal wave of Ghibli-style images on social media, mimicking the animation studio known for “Spirited Away” and “My Neighbor Totoro.”
The trend began after Sam Altman’s OpenAI upgraded its ChatGPT-4o model with image generation features. Many meme coin developers also jumped on the craze and launched a flood of tokens with Ghibli-related content.
According to data from DexScreener, the Ghiblification (GHIBLI) meme coin token has risen to a market capitalization of about $21 million since its official launch less than 24 hours ago.
