Thumzup Spends $2M on DOGE Like It’s Going Out of Style. Is This the Future of Crypto?

by

Thumzup Media Corporation, in a move that screams “We’re all in on Dogecoin!”, announced that it had gone ahead and bought itself a hefty chunk of DOGE. We’re talking 7.5 million tokens, priced at about $2 million. That’s a lot of Dogecoin for the uninitiated. And at an average price of $0.2665 per token, they’re hoping to ride the wave of the next big crypto boom. 

But wait, there’s more! This isn’t just a random coin toss-this acquisition aligns perfectly with the launch of REX-Osprey’s very first Dogecoin exchange-traded fund (ETF). Because who wouldn’t want to add a bit of DOGE to their portfolio now that it’s officially ETF-approved? “Get in while it’s still cool,” seems to be the vibe here. 

“Dogecoin’s increasing recognition, especially with the upcoming launch of DOGE ETFs, marks a transformative moment for the entire digital asset world,” said Robert Steele, CEO of Thumzup. Sounds like someone’s had a bit too much crypto Kool-Aid, right? “Our recent DOGE acquisition, combined with our mining efforts and long-term treasury strategy, cements our commitment to turning Dogecoin into something more than just a meme coin-it’s the future of digital money!” he added, probably with a wink.

Company’s leadership is now stronger than your morning coffee

But that’s not all. In case you were wondering, Thumzup isn’t just tossing money at DOGE and calling it a day. No, no-Thumzup has also decided to beef up its leadership team. Recently, they’ve roped in none other than DogeOS CEO Jordan Jefferson and MyDoge’s Alex Hoffman. These crypto wizards are now part of the company’s Crypto Advisory Board. So, things are getting serious. Or at least, they’re trying to look serious.

Read More

2025-09-19 11:01