The Dogecoin Foundation, which is focused on developing the Dogecoin ecosystem ($DOGE ), will attract funding to promote the meme token.

We are currently seeking major sponsors for 2025 to jointly benefit from the development of open-source utilities for the future of decentralized payment systems. We will make cryptocurrency work to fulfill the original task of serving as a medium of exchange free from tyranny, representatives of the Dogecoin Foundation stated.

The funds received will be spent by the Dogecoin Foundation employees on implementing projects within the "Dogebox Decentralized Infrastructure System." In particular, this system aims to increase the popularity of using Dogecoin as a means of payment by integrating the cryptocurrency into online stores.

During the powerful bull rally that started after Donald Trump's victory in the presidential elections, DOGE rose by 184%, and last week the asset's price reached a record high of $0.48 since June 2021. If the Dogecoin Foundation's plan succeeds, the upward trend in the cryptocurrency market may continue $SOL $XLM