Dogecoin Bullish Again? $10 Million Stock Buyback Sparks Fresh Price Hopes

Thumzup Media’s $10 million stock buyback and its move into Dogecoin mining have stirred fresh interest in DOGE, but traders are watching price action closely for confirmation before calling a ￰0￱ Reading: Hyperliquid’s Days Numbered? Expert Forecasts ‘Painful Death’ Market Tests Key Trend Line Reports have disclosed that DOGE recently pulled back to a demand zone that matches the 200-day exponential moving average (EMA). That area is being watched as a make-or-break spot. A solid bounce from here could push Dogecoin toward $0.29 in the near ￰1￱ buyers push through the rising wedge pattern, a move to $0.40 is the next clear ￰2￱ traders say a run to $1 is possible if momentum picks up sharply, though that would require sustained buying pressure over ￰3￱ announces $10 million share repurchase program, reflecting confidence in our long-term strategy and our commitment to delivering value to ￰4￱ also highlight our digital asset treasury: ₿ 19.106 Bitcoins ~7.5M Dogecoins Read the press release:… ￰5￱ — Thumzup Media Corporation (@thumz_up) September 24, 2025 Thumzup’s Big Bet On Mining According to company statements, Thumzup bought DogeHash Technologies and expects the unit to own 3,500 mining rigs by ￰6￱ firm also holds 19 BTC and 7.5 million DOGE, the latter valued at about $1.7 million in recent ￰7￱ Trump ￰8￱ listed as a majority shareholder of ￰9￱ is the son of US President Donald Trump, which has drawn extra public attention to the firm’s crypto ￰10￱ buyback, set at $10 million, was described by executives as a sign they see value in the company’s ￰11￱ Demand And Treasury Moves Separate filings and disclosures show other firms are quietly building up Dogecoin ￰12￱ say CleanCore holds 600 million DOGE in a treasury program and plans to keep buying with an aim to reach 5% of the circulating ￰13￱ accumulation of that scale would remove a large chunk of coins from active trading, if the purchases ￰14￱ launch of the REX-Osprey Dogecoin ETF has also been cited by market commentators as another source of growing institutional access to ￰15￱ Push Protocol Upgrades Based on discussions in developer circles, there are proposals to add native verification of zero-knowledge (ZK) proofs to ￰16￱ change would open the door for Layer-2 chains and apps that act more like smart ￰17￱ of the proposals also include ways to introduce token burns tied to usage ￰18￱ implemented, such changes could create new supply dynamics that would affect DOGE’s investment ￰19￱ these ideas are at the proposal stage and would take time to move from plan to live ￰20￱ Reading: XRP Eyeing Explosive Move In Next Few Months, Research Shows What Traders Should Watch Volume, ETF flows, and whether Thumzup expands mining as promised will be key indicators to ￰21￱ levels around the 200-day EMA and the rising wedge boundaries will matter for anyone sizing up short-term ￰22￱ interest and actual protocol changes would be the bigger, slower forces that could reshape Dogecoin’s story over months rather than ￰23￱ image from Pexels, chart from TradingView