Blab Crypto
Dogecoin Whales Accumulate 200 Million Tokens as House of Doge and MoonPay Expand Merchant Network
Dogecoin (DOGE) is riding a wave of interest this week, with whale holders adding more than 200 million tokens to their balances while the price hovers near $0.085. At the same time, the Dogecoin Foundation’s corporate arm, House of Doge, unveiled a partnership with MoonPay that will allow DOGE‑first payments at over 6,000 merchants worldwide.
The surge in whale activity was highlighted by crypto analyst Ali Charts on X. He noted that addresses holding between 100 million and 1 billion DOGE have bought an additional 200 million tokens since May 30. This accumulation aligns with a bullish technical backdrop: the daily Parabolic SAR flipped below the price line at $0.07782 for the first time in months, according to Charts’ analysis. On the 30‑minute chart, DOGE broke above a descending channel that had been in place since June 8, and a double‑RSI bull divergence appeared at the lows. The price is currently above the 20‑period EMA at $0.09286, with short‑term targets set near $0.09782 and $0.10205.
House of Doge’s announcement on Monday detailed a collaboration with MoonPay that will bring DOGE‑first checkout to MoonPay’s existing merchant network. The partnership will launch a new solution called DOGE Pay in the third quarter of 2026. DOGE Pay will charge a 1 % processing fee and will allow merchants to accept DOGE in online, in‑app, and point‑of‑sale environments. Transactions will be settled instantly into fiat or stablecoins through MoonPay Commerce.
Marco Margiotta, CEO of House of Doge, said the partnership provides the infrastructure needed to match Dogecoin’s large community with real‑world utility. Keith Grossman, President of MoonPay, added that while Dogecoin has a sizable user base, it has lacked the merchant infrastructure to convert that community into spending volume.
Brag House Holdings, which merged with House of Doge, described the deal as a direct path to converting the Dogecoin community into measurable recurring commerce volume for public‑market shareholders.
The combination of whale buying and expanded merchant acceptance could increase DOGE’s transactional use. The Dogecoin Foundation has long promoted the coin as a “fun and friendly internet currency,” but the new merchant network and the influx of large holders may signal a shift toward broader adoption. The 1 % fee is competitive with other crypto payment processors, and the instant fiat or stablecoin settlement removes a common barrier to merchant adoption.
From a market perspective, the whale accumulation and technical indicators suggest a potential upward move in the near term. The daily SAR flip and the price’s position above the 20‑EMA are often interpreted as bullish signals in technical analysis. However, the price remains below the structural floor of $0.0800, which is identified as a key level that could separate a bounce from a breakdown.
Industry observers note that merchant adoption is a critical step for any cryptocurrency’s long‑term viability. While Dogecoin has historically been used for tipping and small transactions, the new DOGE Pay solution could enable larger purchases and everyday spending. The partnership also aligns with a broader trend of crypto‑friendly payment platforms expanding their supported assets.
In summary, Dogecoin has seen a notable influx of whale buying and a new merchant infrastructure that could increase its real‑world usage. The upcoming Q3 rollout of DOGE Pay, combined with the current technical signals, will be closely watched by traders and merchants alike. The next few weeks will determine whether the price can sustain its position above the 20‑EMA and whether the expanded merchant network will translate into measurable transaction volume.
The surge in whale activity was highlighted by crypto analyst Ali Charts on X. He noted that addresses holding between 100 million and 1 billion DOGE have bought an additional 200 million tokens since May 30. This accumulation aligns with a bullish technical backdrop: the daily Parabolic SAR flipped below the price line at $0.07782 for the first time in months, according to Charts’ analysis. On the 30‑minute chart, DOGE broke above a descending channel that had been in place since June 8, and a double‑RSI bull divergence appeared at the lows. The price is currently above the 20‑period EMA at $0.09286, with short‑term targets set near $0.09782 and $0.10205.
House of Doge’s announcement on Monday detailed a collaboration with MoonPay that will bring DOGE‑first checkout to MoonPay’s existing merchant network. The partnership will launch a new solution called DOGE Pay in the third quarter of 2026. DOGE Pay will charge a 1 % processing fee and will allow merchants to accept DOGE in online, in‑app, and point‑of‑sale environments. Transactions will be settled instantly into fiat or stablecoins through MoonPay Commerce.
Marco Margiotta, CEO of House of Doge, said the partnership provides the infrastructure needed to match Dogecoin’s large community with real‑world utility. Keith Grossman, President of MoonPay, added that while Dogecoin has a sizable user base, it has lacked the merchant infrastructure to convert that community into spending volume.
Brag House Holdings, which merged with House of Doge, described the deal as a direct path to converting the Dogecoin community into measurable recurring commerce volume for public‑market shareholders.
The combination of whale buying and expanded merchant acceptance could increase DOGE’s transactional use. The Dogecoin Foundation has long promoted the coin as a “fun and friendly internet currency,” but the new merchant network and the influx of large holders may signal a shift toward broader adoption. The 1 % fee is competitive with other crypto payment processors, and the instant fiat or stablecoin settlement removes a common barrier to merchant adoption.
From a market perspective, the whale accumulation and technical indicators suggest a potential upward move in the near term. The daily SAR flip and the price’s position above the 20‑EMA are often interpreted as bullish signals in technical analysis. However, the price remains below the structural floor of $0.0800, which is identified as a key level that could separate a bounce from a breakdown.
Industry observers note that merchant adoption is a critical step for any cryptocurrency’s long‑term viability. While Dogecoin has historically been used for tipping and small transactions, the new DOGE Pay solution could enable larger purchases and everyday spending. The partnership also aligns with a broader trend of crypto‑friendly payment platforms expanding their supported assets.
In summary, Dogecoin has seen a notable influx of whale buying and a new merchant infrastructure that could increase its real‑world usage. The upcoming Q3 rollout of DOGE Pay, combined with the current technical signals, will be closely watched by traders and merchants alike. The next few weeks will determine whether the price can sustain its position above the 20‑EMA and whether the expanded merchant network will translate into measurable transaction volume.
