news 
Title: Official Dogecoin Reserve Goes Live With 10 Million DOGE Purchase
The Dogecoin community has been abuzz with excitement as the official Dogecoin reserve goes live, marking a major milestone for the cryptocurrency. As part of this initiative, the team behind Dogecoin has made a massive purchase of 10 million DOGE.
This move is seen as a significant step in promoting the adoption and growth of Dogecoin, which has been gaining popularity in recent times. The reserve’s primary goal is to provide liquidity for the cryptocurrency, thereby ensuring stability in the market.
It is also essential to note that this development comes at a critical time when DOGE is still recovering from its liquidation phase. Despite facing some setbacks, the coin has shown remarkable resilience and has managed to climb back up, currently trading at $0.1831 with a 6.85% rise in the last 24 hours.
In addition to the significant purchase made by the official reserve, other companies have also started accepting Dogecoin as a form of payment. Notable names include AirBaltic, an airline based in Eastern Europe, Microsoft, AMC Theatres and many more.
As the cryptocurrency continues to rise, there are growing expectations that more major brands will follow suit.
Source: https://u.today/official-dogecoin-reserve-goes-live-with-10-million-doge-purchase
