Bitcoin Reserve? No, ‘House Of Doge’ Just Launched A Dogecoin Reserve Valued $1.83 Million

A newly launched reserve of 10 million Dogecoin (CRYPTO: DOGE), valued at approximately $1.83 million, has been established to advance the cryptocurrency’s use in real-world payments.
What Happened: The initiative, spearheaded by House of Doge, a newly formed organization dedicated to expanding Dogecoin’s adoption through business partnerships and integrations, aims to position DOGE as a mainstream payment tool for consumers and merchants alike, Decrypt reported on Monday.
Unlike traditional reserves such as the strategic Bitcoin reserve, which are primarily used as financial hedges, this Dogecoin reserve will serve …Full story available on Benzinga.com

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