Dogecoin Pops 3% as “Crypto Week” Legislation and Treasury Adoption Fuel New Bullish Momentum

Dogecoin is barking again. The beloved meme coin jumped over 3% in Thursday trading as a wave of legislative attention and a surprise corporate endorsement renewed interest in the crypto token that once started as a joke.

Crypto Week in Washington Adds Fuel to the Rally

It’s not every week that Congress gives crypto a spotlight. But this one has been different.

Dubbed “Crypto Week” by market watchers, the U.S. House of Representatives has begun voting on a series of bills that could drastically reshape how digital assets are treated under U.S. law. Three key proposals are on the table, aiming to establish clearer guardrails and improve investor protections across the crypto space.

For Dogecoin, which often thrives in high-attention environments, that’s a major tailwind.

Traders seem to be betting that any form of regulatory clarity—so long as it doesn’t choke the industry—could unlock institutional interest and stabilize crypto’s long-term outlook. While Bitcoin and Ethereum moved slightly higher on the day, Dogecoin outpaced both. Its rise wasn’t enormous, but it was enough to catch attention.

And context matters: Dogecoin is now up over 12% in the past week alone.

Bit Origin Goes All-In on Dogecoin

The real surprise of the day came not from Capitol Hill, but from a lesser-known crypto firm: Bit Origin.

The company announced it had raised $500 million to build a Dogecoin-focused treasury. Yes, you read that right—Dogecoin. Not Bitcoin, not Ethereum, but the Shiba Inu-branded meme token that’s been pumped by Elon Musk and Reddit memes for years.

The move instantly drew comparisons to MicroStrategy, the enterprise software firm that rebranded itself as “Strategy” and famously built its entire financial thesis around Bitcoin. That strategy, once mocked, turned out to be massively profitable as Bitcoin surged from $10,000 to more than $60,000 over a few years.

Can Dogecoin pull off the same trick?

Hard to say. But this is the first time a company has gone public with the idea of using Dogecoin as a store of value and capital asset. And in the crypto world, being first can count for a lot.

Bit Origin is betting that Dogecoin’s market cap and community are strong enough to justify the risk. And judging by market reaction, investors are at least willing to entertain the idea.

What’s Actually Moving DOGE’s Price?

Some of it’s hype. Some of it’s headlines. But there are a few real factors driving DOGE’s bounce today.

• Lawmakers appear more willing than ever to give crypto a permanent regulatory home.

• Bit Origin’s treasury play is sparking new debate about DOGE’s legitimacy as a long-term asset.

• Traders are betting the Fed might still cut rates later this year, giving crypto more room to breathe.

Add to that the fact that meme coins often surge simply because people are talking about them—and you’ve got a formula for short-term upside.

It’s also worth noting that Dogecoin’s trading volume on Thursday topped 14.5 billion coins. That’s not just bots messing around. That’s a lot of people buying, holding, and—possibly—taking profits.

Key Data Shows DOGE’s Staying Power—At Least for Now

Despite its meme reputation, Dogecoin continues to post strong trading activity and market cap data. Here’s a quick look at where the token stands today:

That $35 billion market cap puts Dogecoin firmly in the top 10 cryptocurrencies by size. It’s no longer just a fringe coin riding Elon Musk’s tweets.

And if more companies start holding DOGE in treasuries—or if upcoming legislation makes it easier to use for payments or trading—there’s an actual bullish thesis forming beneath the memes.

Is This Just Another Flash in the Pan?

Maybe. Dogecoin has had its share of fake-outs before.

Remember when Musk called it “the people’s crypto”? Or when it was briefly accepted for Tesla merch? The price popped then, too—but struggled to hold gains. That could happen again.

Still, something feels different this time.

For one, crypto’s legislative outlook is more constructive now than it’s been in years. And if Bit Origin’s bold bet pays off, other firms might follow suit. If that happens, Dogecoin could shake off its meme label and start acting like a serious asset—at least occasionally.

Of course, DOGE remains volatile. And the big players—Bitcoin, Ethereum—still dominate institutional interest. But in a week where the whole market is watching Washington and wondering where crypto fits into the future, Dogecoin just might have found the perfect moment to howl.