Dogecoin Price Drops as Thumzup Considers DOGE Payments

Dogecoin price slipped 5% over the past 24 hours to trade at $0.1964 as of 3:50 a.m. EST, on a 21% drop in trading volume to $2.8 billion.

This fall came despite Thumzup Media, a company with close 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 into broader geographies. This could also push DOGE towards greater mainstream adoption.

SUPPORTED BY THE TRUMP FAMILY $BTC AND $DOGE TREASURY COMPANY ‘THUMZUP’ $TZUP CONSIDER ADDING $DOGE AWARDS FOR ITS MOBILE ADVERTISING APPLICATION pic.twitter.com/zVd3GesUIa

– The wolf of all streets (@scottmelker) October 15, 2025

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

X MONEY PREPARES FOR GLOBAL DEPLOYMENT

And it will allow users to send and receive funds instantly across borders.

Money and the Internet have finally become one.

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

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

– Mario Nawfal (@MarioNawfal) October 15, 2025

Steele also said it could lead to greater user satisfaction.

Thumzup, the Trump effect and chain signals

Thumzup Media now holds approximately 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 demonstrates serious confidence in the technology and the future of the coin as a payment rail.

The Trump connection adds even more buzz. Members of Trump’s family support both Thumzup and Dogecoin, and this connection could open the door to broader cultural and political adoption in the United States. The entry of Trump-linked companies into DOGE is a boost of confidence for investors considering the meme coin’s next chapter.

Thumzup’s plan is to roll out DOGE rewards in stages, once technical and legal verifications are completed. The payment system will work side by side with standard cash, allowing users to choose. This dual path should help DOGE attract both crypto fans and users new to digital assets.

On-chain activity is also on the rise. Active wallet addresses and the number of transactions have increased, reflecting a growing user base using Dogecoin for payments and sending coins on the network.

Dogecoin Number of active addresses Source: Glassnode

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

Dogecoin Price Prediction

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

Each decline to this area has triggered buying interest over the past few months, keeping the price above lower lows.

DOGEUSDT analysis source: Tradingview

On resistance, the immediate overhead is $0.24817. If Dogecoin breaks this mark, the next targets are $0.30 and $0.48, with further upside potential if volume increases and new buyers join.

The relative strength index (RSI) is near 46, signaling 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 in decisive control at the moment.

The ADX (Average Directional Index) is at 18.7, confirming that the current trend is weak but stable.

If Dogecoin manages to surpass the $0.24817 resistance zone, the next upside targets are $0.28 and $0.30, especially if positive news regarding the Thumzup rollout attracts more media attention.

On the downside, if prices fall below $0.13654, support lies at $0.0805. But such a move would likely trigger massive buying by traders who missed previous rallies.

Where Dogecoin goes next may depend on how quickly these features reach users and attract broader crypto streams.​

If DOGE holds above $0.19 and Thumzup launches smoothly, a push towards $0.25 or higher is likely. Any large-scale user adoption could see the price rise much further, making Dogecoin one to watch in the coming weeks and months.

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