On May 7, 2025, Dogecoin experienced a significant price increase, surging 10% as reported by posts on X from @TheCryptoU. This rise comes amid speculation that Dogecoin may be integrated into a major payment platform, fueling optimism among investors. Additionally, DogeOS, a new app layer for Dogecoin, secured $6.9 million in funding led by Polychain Capital, according to @newsforsocial on X, aiming to enhance decentralized finance services through consumer apps. Analysts noted Dogecoin retesting a key support level at $0.1667, with potential to reach $0.183 or even $0.20, as mentioned by @blockonomi on X. Chart patterns also indicate a possible bullish breakout, with a falling wedge pattern suggesting a move toward $0.1752, per @WHALES_CRYPTOzz on X. The updated Dogecoin website highlighted $165 billion in savings, as shared by @ustopheadline, reflecting growing interest in the cryptocurrency’s ecosystem. (34news.online)
