Skip to content
October 16, 2025NewsBTC logoNewsBTC

Thumzup Leverages DOGE In Payments Push: A Boost To Dogecoin Price?

Thumzup Media ￰0￱ pushing ahead with plans to let creators receive payments in Dogecoin (DOGE), as new data shows the meme token has slipped in recent days even amid renewed institutional ￰1￱ Reading: Dogecoin Sheds 25% As $57M Flees Market — Can The Memecoin Recover? Based on reports, the firm’s strategy includes a $2.5 million loan to DogeHash for mining expansion, and a treasury holding of 7.5 million DOGE, while regulatory and adoption challenges still ￰2￱ Prepares DOGE Payouts According to company-adjacent sources, Thumzup intends to offer Dogecoin as an alternative payout option, alongside fiat or other crypto choices, once pilot testing and legal reviews are ￰3￱ $2.5 million infusion into DogeHash Technologies is framed as both a way to help scale mining capacity and to cement a tighter corporate alliance via a possible share ￰4￱ public disclosures, Thumzup reports holding 7.5 million DOGE and some Bitcoin in its treasury as part of its broader crypto ￰5￱ is actively exploring and developing the integration of Dogecoin as an alternate payout mechanism for users of the Thumzup app.

Dogecoin’s speed, low fees, and community appeal make it a natural fit for Thumzup’s reward ecosystem. 🐕 Dive into the press release:… ￰6￱ — Thumzup Media Corporation (@thumz_up) October 15, 2025 DOGE Price Slides Amid Broader Weakness Reports have disclosed that Dogecoin has dropped by about 3% over the past 24 hours, putting its price near $0.197. Over the past week, DOGE has declined roughly 18%, making it among the worst performers in the top 10 ￰7￱ the same time, trading volume and market cap show continued investor involvement, but sentiment is clearly under ￰8￱ analysts warn that the volatility could discourage content creators from opting for DOGE payments unless stabilization tools or hedging mechanisms are put in ￰9￱ And Share Reactions The announcement of DOGE integration and mining investments drew mixed reactions.

Thumzup’s stock rallied modestly in after-hours trading, reflecting investor appetite for a more diversified asset ￰10￱ crypto traders placed bids pushing DOGE higher on the news, though many remain skeptical of execution ￰11￱ bears seem to have had their fill, an analyst said, suggesting some traders see recent downward moves as an ￰12￱ the flip side, volatility and regulatory ambiguity may hold back broader ￰13￱ Reading: Ethereum Beware — Analyst Says XRP’s Next Bull Run Could Be Deadly Regulation, Execution, And Adoption Risks Based on reports, Thumzup faces steep hurdles. Money-transmission laws, tax rules, and anti-money-laundering checks must be cleared before payout functionality can roll ￰14￱ integration is also a challenge: wallets, custody solutions, conversion to fiat, and user protections all need ￰15￱ if all that is done, creators may lean toward stablecoins or cash over a volatile token.

Meanwhile, running and scaling a mining operation adds power expenses, supply chain risk, and dependency on favorable network ￰16￱ image from ICOBench, chart from TradingView

NewsBTC logo
NewsBTC

Latest news and analysis from NewsBTC

Sam Bankman-Fried Breaks Silence From Prison: FTX Boss Reveals Real Reason Behind His Arrest

Sam Bankman-Fried Breaks Silence From Prison: FTX Boss Reveals Real Reason Behind His Arrest

Incarcerated FTX founder Sam Bankman-Fried (SBF) has reawakened controversy by directly challenging the narrative of his arrest. In a post shared on GETTR, which was most likely penned or published wi...

Bitcoinist logoBitcoinist
1 min
Stablecoiners Face the Reality of Lawmaking During a Shutdown

Stablecoiners Face the Reality of Lawmaking During a Shutdown

Emily Mason checks in from the nation’s capital on the sentiment for quick passage of legislation needed to make stablecoins live up to the promise of faster, cheaper and more efficient digital transa...

Bloomberg (Crypto) logoBloomberg (Crypto)
1 min
Coinbase’s Scheduled Downtime On XRP ETF Approval Date Sparks Speculation, What’s Going On?

Coinbase’s Scheduled Downtime On XRP ETF Approval Date Sparks Speculation, What’s Going On?

Coinbase has announced a system maintenance scheduled for the same day the SEC plans to decide on the proposed XRP ETF. Market watcher ChartNerd pointed out the date alignment on X, suggesting it coul...

Bitcoinist logoBitcoinist
1 min