Dogecoin Labs was launched with the Dogecoin Foundation to consolidate the meme coin's scattered products, intellectual property and development teams into one independent company led by CEO Jordan Jefferson. It will run three flagship products: the MyDoge wallet, the DogeOS app platform and Such App, a merchant-payments tool, aiming to close the gap between Dogecoin's large community and its small number of real apps. DogeOS opened its public testnet on Sept. 30, and MyDoge has grown past 500,000 users. DOGE traded around $0.084, up 3.9% on the day, but was down about 14% over the past month.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Decrypt ↗
Keywords
Dogecoincryptomeme coinspayments
Open a keyword to see other news on the same topic.
Related tickers and likely impact
DOGE/USDT
▲ Likely positiveDogecoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Meme |
| Market cap | $12.4B |
| Close on 10/20/2026 | 0.08187 |
| Change that session | +2.66% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Dogecoin wallet, app teams unite in push to give DOGE more everyday uses
Dogecoin Labs, formed with the Dogecoin Foundation, will own and operate the MyDoge wallet, the DogeOS application network and the Such App merchant payment tools, with MyDoge and DogeOS founder Jordan Jefferson as CEO. The aim is to connect developers building apps on DogeOS, holders who find them through MyDoge, and merchants accepting payments through Such App, giving DOGE more ways to be used. MyDoge says it has more than 500,000 users without paid acquisition, and its V3 update links the wallet to DogeOS apps, though the announcement does not say how many users are active. Such App's beta already supports invoices and in-person QR payments, but its DogeOS connection is still in planning, and DogeOS's featured apps remain “coming soon” even though its public test network opened on Sept. 30, while a planned security link to the Dogecoin blockchain is still a draft. DOGE was recently trading around 8.2 cents, up 3.9% in the past 24 hours.
- GTA 6 Trailer Features 'Dacity' Meme Coin—Here's What Traders Think It'll Do
The GTA 6 launch trailer briefly mentioned 'Dacity Coin,' and a leaked mission reportedly has the protagonist perform a stunt to pump it. Crypto traders launched an unofficial Solana meme coin of the same name that reached a peak market capitalization of $15 million, betting the in-game coin will be deeply integrated. Some expect it to appear only in side missions, while others think it could be a tradable in-game asset like stocks in GTA V. One trader reported unrealized profits of $285,000 from a $20,000 investment, per Pump.fun, though such gains could fall sharply at any moment, and Rockstar did not comment.
- GTA 6 Trailer Features Meme Coin—And Solana Copycat Soars 2,900%
GTA 6's launch trailer, released Thursday, briefly showed “Dacity Coin,” and a Solana meme coin of the same name rose 2,900% in the hour after, from a $104,000 market cap to $3.18 million. The token was created five days earlier after the hacker “Cyberleek” leaked GTA 6 footage mentioning the name, though only a small group of traders noticed. According to DEX Screener, 24 traders profited more than $10,000 each, with the top trader turning $1,912 into $44,000. The coin now sits at a $1.5 million market cap, down about 53% from its peak. Rockstar has not commented on Dacity Coin.
- Dogecoin Price Prediction: Can DOGE Get Back to $0.10 by the End of 2026?
Dogecoin (DOGE) trades at $0.082, down about 35% since the start of the year and 88.8% below its all-time high. It must rise 22.1% to reclaim $0.10, a level it last closed at, $0.1004, in September. The price sits about 7% below its 50-day average of roughly $0.0882, nears a death cross, and trading volume has faded since September's rally. Bitcoin is at $83,316, and the Federal Reserve raised rates in September with another hike expected in December, both adding pressure on DOGE. The article concludes that DOGE is unlikely to reach $0.10 before the end of 2026; a daily close below $0.0777 could renew selling toward support near $0.0695.
- Dogecoin Price Prediction : Can DOGE Get Back to $0 . 10 by the End of 2026 ?
DOGE trades at $0.082, up 3.2% in 24 hours but down 11% over 30 days and about 35% year-to-date, so it needs a 22.1% rise to return to $0.10. The price sits about 7% below its 50-day average of around $0.0882, a death cross signal is forming, and trading volume has faded since the September rally. Bitcoin is down 5.1% year-to-date and DOGE has lagged it over 60 days, while the Federal Reserve raised rates in September and is expected to hike again in December. The article concludes that a move to $0.10 before year-end looks unlikely, with $0.0777 as recent support and $0.0695 as the next level. It cites Polymarket odds of 10.7% for DOGE reaching $0.16 in 2026 and 37.5% for a fall to $0.06.
- Will Dogecoin Reach $1 in 2027? The Answer Might Shock You.
Dogecoin was created in 2013 as a meme and reached an all-time high of $0.73 in 2021, with a market cap above $90 billion, but has since lost almost 90% of its value and traded at $0.08 as of Oct. 18. The author notes only 2,373 businesses accept it, so demand is weak. Developers are building DogeOS, an application layer compatible with the Ethereum virtual machine where app fees are paid in Dogecoin, which could create demand if the ecosystem grows. However, the author points out that developers can already build on Ethereum and that up to 5 billion new coins can be mined each year with no end date, diluting supply. The author concludes that $1 per coin is unlikely in 2027.
Related markets
Latest news
- Bank Profits Surge
The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.
- World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide
SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News
VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
- Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'
A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.
- International Business : Global stocks nosedive as Meta dents AI optimism
Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.