Dogecoin Price Drops As Thumzup Eyes DOGE Payments

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Dogecoin price fell 5% over the past 24 hours to trade at $0.1964 as of 3:50 AM EST, with trading volume down 21% to $2.8 billion.

This fall 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 rewards infrastructure, reduce payment friction, and support the expansion of the monetization model for content creators across broader geographies. It may also push DOGE toward greater mainstream adoption.

Trump family supported $ Bitcoin and $dawg Treasury company “THUMZUP” $tzob It is considered an addition $dawg Rewards for mobile advertising app pic.twitter.com/zVd3GesUIa

– Wolf of All Streets (scottmelker) October 15, 2025

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

X MONEY is preparing for a global rollout

It will enable users to send and receive money instantly across borders.

Money and the Internet are finally one and the same.

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

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

– Naval Navy (Miral) October 15, 2025

Steele also said this could lead to increased user satisfaction.

Thumzup, the Trump effect, and references to the chain

Thumzup Media now has about 7.5 million DOGE in its treasury, along with Bitcoin and other large-cap assets.

This follows a $2.5 million investment in DogeHash Technologies, a Dogecoin mining company. This move indicates serious faith in memecoin technology and its future as a means of payments.

Trump’s call adds to the hype. Trump family members are supporters of both Thumzup and Dogecoin, and the connection could open the door to broader cultural and political adoption in the United States. The move of Trump-linked companies to DOGE is a confidence boost for investors looking forward to the next chapter of the meme coin.

Thumzup’s plan is to roll out DOGE rewards in phases, once technical and legal checks are completed. The payment system will run alongside standard cash, giving users a choice. This dual path should help DOGE attract both cryptocurrency fans and new users to the digital asset.

On-chain activity is also on the rise. Active wallet Titles Transaction numbers have risen, reflecting the growing user base using Dogecoin for payments and sending coins across the network.

Number of active Dogecoin addresses Source: Glassnode

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

Dogecoin price forecast

Looking at the weekly chart of Dogecoin,… price It is at $0.19684, just below the 50-week simple moving average (SMA) of $0.24817, which is now acting as strong resistance. Key support is the 200-week simple moving average at $0.13654, which is in line with the broader horizontal demand zone.

Each pullback towards this area has sparked buying interest in recent months, keeping the price above deep lows.

DOGEUSDT analysis source: Tradingview

At resistance, the live carry stands at $0.24817. If Dogecoin crosses this mark, the next targets are $0.30 and $0.48, with a further rise if 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 to move in either direction. The MACD (Moving Average Convergence Divergence) indicator is flat, with neither buyers nor sellers in decisive control at the moment.

The ADX (average trend indicator) is at 18.7, which confirms that the current trend is weak but stable.

If Dogecoin can break the $0.24817 resistance area, the next upside targets are $0.28 and $0.30, especially if positive news about the Thumzup offering attracts more media attention.

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

The next step for Dogecoin may depend on how quickly these features reach users and attract broader crypto streams.

If the price of DOGE is above $0.19 and Thumzup launches without problems, the price will likely rise towards $0.25 or higher. Any widespread user adoption could see the price rise much further, making Dogecoin one to keep an eye on in the coming weeks and months.

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