Dogecoin Drops to $0.07, Down 90% From Its Highs: What Is Happening?

Dogecoin (CRYPTO: DOGE) is down to $0.073 as its official commercialization arm, House of Doge (NASDAQ:HODO), completed its public market debut.

House Of Doge-Brag House Merger Completed House of Doge announced on June 30 that it completed its merger with Brag House Holdings.

The combined company will begin trading on the Nasdaq under the ticker HODO on July 1.

The company, now the official corporate arm of the Dogecoin Foundation, said the listing provides direct access to U.S. capital markets to accelerate its strategy across payments, digital asset treasury management, real-world asset tokenization and professional sports.

Analysts Watch Key Levels Crypto analyst Ali Martinez identified $0.06 as Dogecoin's most critical support level in an X post on July 1.