Dogecoin Foundation launches $1 billion DOGE reserve
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Planet Daily News: The Dogecoin Foundation has established an "official Dogecoin reserve" through a new subsidiary, initially purchasing 10 million DOGE, valued at approximately $1.8 million. This move is part of the foundation's collaboration with House of Doge, which has become its commercial partner. House of Doge stated that the reserve demonstrates the potential of Dogecoin in efficient transactions. House of Doge plans to announce partners in the coming months to showcase Doge's practical application as a global payment method. Despite the waning enthusiasm for Dogecoin, DOGE's price has risen by about 10%, and its market value remains in the top ten. (Block)
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