Dogecoin Foundation will attract funding to promote $DOGE The funds raised will be used by the Dogecoin Foundation employees to implement projects within the "Dogebox Decentralized Infrastructure System". In particular, this system aims to increase the popularity of using Dogecoin as a payment method by integrating the cryptocurrency into online stores.
If the Dogecoin Foundation's plan is successful, the cryptocurrency market may continue its upward trend, and by 2025 the coin's value could reach new heights.
However, in the short term, DOGE is at risk of falling in price, as today the token's value has again dropped below the 23.6% Fibonacci level considering the increase in the coin's value during the Trump pump. Therefore, it is likely that Dogecoin will decrease to the support barrier of $0.36, which is at the 38.2% Fibonacci level.
Possible decline in the value of Dogecoin
