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Reading: Dogecoin gains Paxos support as price holds above $0.096
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COINTURK NEWS > Dogecoin (DOGE) > Dogecoin gains Paxos support as price holds above $0.096
Dogecoin (DOGE)

Dogecoin gains Paxos support as price holds above $0.096

In Brief

  • 🐕 DOGE gets integrated into Paxos’s regulated crypto infrastructure.

  • Partners like PayPal and Venmo can now consider adding $DOGE to their platforms.

  • 📉 DOGE price holds above $0.096 as market outflows continue.

Ömer Ergin
Ömer Ergin 2 hours ago
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The Dogecoin Foundation’s enterprise entity, House of Doge, has entered into a strategic partnership with Paxos. Under this agreement, DOGE will be integrated into Paxos’s regulated brokerage and custody infrastructure. While this does not guarantee that Dogecoin will be listed immediately on all end-user platforms, it enables Paxos’s partners to assess and potentially add DOGE support to their offerings.

Contents
New access channel through Paxos networkInstitutional interest remains limited but is growingPrice outlook and market trends

New access channel through Paxos network

Paxos is widely recognized as a provider of crypto infrastructure to major fintech and payments companies, including PayPal, Venmo, Interactive Brokers, and Mercado Libre. As such, this agreement could open important institutional access points for DOGE. However, the integration is not automatic—each platform will decide independently whether to add DOGE to its services.

Mini glossary: Paxos is a U.S.-based financial technology company best known for providing regulated custody, brokerage, and stablecoin infrastructure for crypto assets. Custody services refer to institutional-grade, secure storage of digital assets.

House of Doge CEO Marco Margiotta indicated that the deal creates a regulatory framework which could allow major fintech companies to add DOGE in the future. Initially, the focus will be on business-to-business services for institutional clients rather than individual users.

Paxos Crypto Brokerage, in collaboration with House of Doge, now offers Dogecoin support. The company emphasized that its partners can provide DOGE using the same regulatory-compliant infrastructure.

Paxos operates in more than 150 countries, connecting to hundreds of millions of users indirectly. If its partner platforms enable DOGE, the coin’s reach could expand considerably.

Institutional interest remains limited but is growing

Dogecoin continues to lead the memecoin category by market value. According to the article, 21Shares secured regulatory approval this year to list a Dogecoin ETF in the United States. Additionally, Grayscale launched a private Dogecoin investment product, available exclusively to qualified investors, in January 2025.

These developments highlight the gradual increase in regulated investment vehicles tied to DOGE. Nonetheless, institutional demand for DOGE remains well below that of Bitcoin and Ethereum.

Price outlook and market trends

Crypto analyst Ali Charts published on social media that the TD Sequential indicator has issued a buying signal for DOGE. According to him, $0.096 remains a key support level, while $0.110 is emerging as the next resistance point.

Mini glossary: TD Sequential is a technical analysis indicator used to identify potential turning or exhaustion points in price trends. It is typically evaluated alongside support, resistance, and volume data for confirmation.

In his commentary, Ali Charts noted that if DOGE holds above $0.096, the next target is likely to be $0.110, based on the TD Sequential buy signal.

Meanwhile, the broader cryptocurrency market is showing an ongoing trend of capital outflows. CoinShares data indicates that crypto exchange-traded products saw net weekly outflows of $1.67 billion last week, pushing the three-week total to $4.21 billion.

James Butterfill, head of research at CoinShares, suggested that the lull in the U.S. CLARITY Act process may be suppressing investor appetite. TRM Labs data further supports this, reporting an 11% decline in global crypto adoption in the first quarter of 2026.

At the time of publication, DOGE was trading at $0.09851, down 1.34% in the last 24 hours. Its market capitalization stood at $16.78 billion, with a 24-hour trading volume of $1.32 billion.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 2 June, 2026 - 11:58 am 2 June, 2026 - 11:58 am
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