Dogecoin Cash (DOGP) has announced the establishment of a subsidiary structure, Dogecoin Treasury (DTI), aimed at supporting the technical development of the Dogecoin ecosystem. According to the press release, DTI will be responsible for managing intellectual property, technological planning, and digital assets related to the Dogecoin Protocol. The new structure aims to unify the company's initiatives, ensuring synergy between technical developments and business strategy. DTI will also be responsible for long-term planning and supporting solutions that will facilitate the scaling of the Dogecoin network.
$DOGE coin, created in 2013 as a humorous alternative to Bitcoin, is known for fast transactions and low fees. With support from figures like Elon Musk and integration into payment systems of companies like Tesla and AMC, DOGE has become a key player among meme coins. The creation of DTI could strengthen Dogecoin's position in the market, where its capitalization reaches $50.3 billion, although the price has decreased by 3.2% over the week.
Analysts note that DTI can contribute to infrastructure development and attract institutional investors. Will this be a catalyst for a new DOGE rally? Stay tuned for updates on #MiningUpdates