Dogecoin Price Plunges 5% As House Of Doge Eyes Nasdaq Listing

The Dogecoin price tumbled 5% in the last 24 hours to trade at $0.1987 as of 6:05 a.m. EST on trading volume that fell 2% to $5.02 billion.

This comes as House of Doge, the commercial arm of the Dogecoin Foundation, announced it will list on Nasdaq under the ticker $TBH via a reverse merger with Brag House Holdings (TBH). The merger is expected to be finalized in early 2026.

Brag House will issue approximately 594 million common shares and 69.25 million convertible securities, with the majority allocated to existing House of Doge stakeholders, making House of Doge the dominant shareholder in the merged entity.

The combined company intends to expand Dogecoin’s utility by launching a multi-revenue asset management platform geared toward payments, tokenization, gaming, and yield services, especially targeting Generation Z via engagement in campus, sports, and gaming ecosystems.

Dogecoin Price Cup-And-Handle Revival: A Brewing Breakout?

The DOGE price has been showing a fascinating long-term price structure that hints at renewed bullish potential.

After peaking near $0.74 in 2021, the Dogecoin price entered a prolonged correction, bottoming out around the $0.05–$0.06 region. However, the recent monthly chart shows a cup-and-handle pattern, a classic bullish continuation setup often signalling a potential major reversal.

The first large rounded base (the “cup”) formed between 2021 and 2023, followed by a shorter downward consolidation (the “handle”) in late 2024 and early 2025.

As of October 2025, DOGE trades around $0.1987, having pulled back slightly from its mid-year highs but still maintaining a steady position above the 50-day Simple Moving Average (SMA) on the monthly chart at $0.1424.

Dogecoin’s Relative Strength Index (RSI) on the monthly timeframe currently reads 52.01, sitting comfortably in neutral territory. This mid-range level suggests that DOGE is neither overbought nor oversold, providing room for significant upside movement if buying pressure returns.

If the bullish stance continues, the DOGE price is poised for a potential move toward $0.50, representing a possible 137% upside from current levels. This aligns with the breakout target derived from the height of the cup pattern.

If the Dogecoin price manages to maintain support above $0.14 and convincingly breaks above the $0.25 resistance region, it could pave the way for a sustained rally toward the $0.50 zone in 2026.

According to analyst Ali Martinez, if the $0.16 support holds, the Dogecoin price could soar to the $0.48 level.