Dogecoin Whales Bought 200 Million DOGE Last Week: What's Going On?

Dogecoin (CRYPTO: DOGE) whales accumulated over 200 million tokens last week as House of Doge and MoonPay launched DOGE Pay, bringing native Dogecoin payments to more than 6,000 merchants.

House Of Doge And MoonPay Launch DOGE Pay Across 6,000 Merchants

House of Doge, the official corporate arm of the Dogecoin Foundation, announced a partnership with MoonPay on Monday that brings native Dogecoin support to MoonPay’s existing network of over 6,000 merchants.

The collaboration also introduces DOGE Pay, a Dogecoin-first checkout solution planned for Q3 rollout, with a competitive 1% processing fee and streamlined merchant onboarding.

MoonPay Commerce enables merchants to accept crypto payments across online, in-app, and point-of-sale environments with instant conversion into fiat or stablecoins.