{"id":163191,"date":"2025-07-18T20:27:08","date_gmt":"2025-07-18T17:27:08","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=163191"},"modified":"2025-07-18T20:27:08","modified_gmt":"2025-07-18T17:27:08","slug":"dogecoin-soars-11-as-bit-origin-bets-500m-on-meme-coin-reserves","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dogecoin-soars-11-as-bit-origin-bets-500m-on-meme-coin-reserves\/","title":{"rendered":"Dogecoin Soars 11% as Bit Origin Bets $500M on Meme Coin Reserves"},"content":{"rendered":"

The rally comes amid a broader market shift away from Bitcoin dominance, with DOGE emerging as a standout performer.<\/p>\n

Bit Origin announces $500M Dogecoin reserve strategy<\/h2>\n

The primary catalyst came from Bit Origin (Nasdaq: BTOG), which unveiled plans to build a $500 million Dogecoin treasury. The strategy includes raising $400 million in equity and $100 million in convertible debt, positioning DOGE as a core reserve asset\u2014mirroring MicroStrategy\u2019s approach with Bitcoin. This marks the first instance of a U.S.-listed public company declaring Dogecoin as a treasury holding, fueling confidence in its long-term institutional role.<\/p>\n

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Technical breakout targets $0.33<\/h2>\n

On the technical side, DOGE broke out of a descending broadening wedge pattern on July 18. According to trader Tardigrade, the breakout above $0.21 sets the stage for potential moves to $0.25 and $0.33. Key indicators include an RSI of 72.04\u2014strong but not yet overheated\u2014and rising MACD momentum at +0.0048.<\/p>\n