Dogecoin Price Drops as Thumzup Monitors DOGE Payments

The Dogecoin price fell 5% over the past 24 hours, trading at $0.1964 at 3:50 a.m. EST, while trading volume fell 21% to $2.8 billion.

The drop came despite Thumzup Media, a company with strong ties to President Donald Trump, announcing plans to integrate Dogecoin (DOGE) as a payment mechanism for users of its Thumzup app.

The company said the initiative could strengthen its rewards infrastructure, reduce payment friction and support the expansion of its creator monetization model to broader regions. It could also push DOGE toward greater mainstream adoption.

TRUMP FAMILY SUPPORTED $BTC AND $DOGE TREASURY COMPANY ‘THUMZUP’ $TZUP CONSIDERING ADDING $DOGE REWARDS FOR THE MOBILE ADVERTISING APP pic.twitter.com/zVd3GesUIa

— The Wolf of All Streets (@scottmelker) October 15, 2025

“Exploring the Dogecoin integration is an important next step in our journey to create a scalable, low-friction rewards engine,” said Robert Steele, Chief Executive Officer of Thumzup. “If successful, this change could improve the economics of our unit and increase its appeal to a broader, crypto-friendly maker base.”

X MONEY is preparing for a global rollout

And it allows users to instantly send and receive money across borders.

Money and the internet are finally becoming one.

Could DOGE play an important role in X Money’s instant payment network?

Bit Origin is already betting on it… pic.twitter.com/dxv5uaL5dE

— The Navy (Meral) October 15, 2025

Steele also said this could lead to higher user satisfaction.

Thumzup, the Trump effect and signals on the chain

Thumzup Media now has about 7.5 million DOGE in its coffers, along with Bitcoin and other major assets.

This follows a $2.5 million investment in DogeHash Technologies, a Dogecoin mining company. This move signals a serious belief in the meme coin technology and its future as a payment trail.

The Trump connection is creating more buzz. Trump’s own family members are proponents of both Thumzup and Dogecoin, and the pairing could open the door to broader cultural and political adoption in the US. Trump-linked companies entering DOGE are a confidence boost for investors looking to the meme coin’s next chapter.

Thumzup’s plan is to roll out DOGE rewards in phases, once technical and legal checks are completed. The payout system works alongside standard cash, allowing users to choose. This dual track should help DOGE attract both crypto fans and users new to digital assets.

Activity in the chain is also increasing. Active wallet addresses and the number of transactions has increased, reflecting a growing user base using Dogecoin for payments and sending coins over the network.

Dogecoin Number of active addresses Source: Glassnode

If Thumzup adopts DOGE payments for all users, more wallets and transactions could follow, further boosting these metrics and paving the way for wider adoption.

Dogecoin Price Prediction

Looking at the weekly chart of Dogecoin, the price is at $0.19684, slightly lower than the 50-week simple moving average (SMA) of $0.24817, which now acts as strong resistance. The key support is the 200-week SMA of $0.13654, which aligns with a broader horizontal demand zone.

Any dip towards this zone has generated buying interest in recent months, keeping the price above deeper lows.

DOGEUSDT analysis source: Tradingview

At resistance, the immediate overhead is $0.24817. If Dogecoin breaks above this point, the next targets are $0.30 and $0.48, with additional upside as volume increases and new buyers join.

The Relative Strength Index (RSI) is close to 46, indicating that DOGE is neither overbought nor oversold, meaning there is plenty of room for movement in either direction. The MACD (Moving Average Convergence Divergence) is flat, with neither buyers nor sellers having decisive control at this point.

The ADX (Average Directional Index) stands at 18.7 and confirms that the current trend is weak but stable.

If Dogecoin can break above the resistance zone at $0.24817, the next upside targets are $0.28 and $0.30, especially if positive news about Thumzup’s rollout gains more media attention.

On the other hand, if prices fall below $0.13654, the support is at $0.0805. But such a move would likely prompt heavy buying from traders who had missed previous rallies.

Dogecoin’s next move could depend on how quickly these features reach users and attract broader cryptocurrency inflows

If DOGE holds above $0.19 and Thumzup launches without a hitch, momentum toward $0.25 or higher is likely. Any large-scale user adoption could see the price rise much further, making Dogecoin one to keep an eye on in the coming weeks and months.

Related articles:

Best Wallet – Diversify Your Crypto Portfolio

• Easy-to-use, feature-driven crypto wallet
• Get early access to upcoming token ICOs
• Multi-chain, multi-wallet, non-custodial
• Now in the App Store, Google Play
• Stake to earn native token $BEST
• 250,000+ monthly active users