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Reading: Dogecoin holds $0.10 as Paxos deal opens door to PayPal and Venmo’s 100M+ users
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Dogecoin holds $0.10 as Paxos deal opens door to PayPal and Venmo’s 100M+ users

Crypto
Last updated: June 1, 2026 11:08 pm
Crypto
Published: June 1, 2026
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Dogecoin holds $0.10 as Paxos deal opens door to PayPal and Venmo’s 100M+ users

Dogecoin is trading around $0.10 after House of Doge and Paxos unveiled a partnership that could funnel the meme coin into PayPal and Venmo’s combined base of hundreds of millions of users. Summary Dogecoin’s corporate arm strikes Paxos deal to plug DOGE into PayPal and Venmo’s crypto rails. DOGE hovers near $0.10 with a roughly $16.9 billion market cap as traders weigh mainstream access against meme fatigue. Most 2026 forecasts cluster in a restrained $0.14–$0.16 band unless a fresh meme mania re‑rates the asset. House of Doge, the official corporate arm of the Dogecoin Foundation, has announced a strategic partnership with Paxos that will route DOGE (DOGE) into Paxos’ regulated crypto brokerage and custody stack, potentially putting Dogecoin in front of PayPal and Venmo’s mainstream user bases, just as the token trades near $0.10 with a market capitalization of about $16.9 billion. In a GlobeNewswire release, House of Doge said the deal will “integrate the listing of Dogecoin (DOGE) across Paxos’ enterprise‑grade crypto brokerage and custody infrastructure,” opening distribution via clients including PayPal, Venmo, Interactive Brokers and Mercado Libre across more than 150 countries. The partnership is explicitly about scale: Paxos “powers crypto brokerage and infrastructure solutions for a number of globally recognized platforms, including PayPal, Venmo, Interactive Brokers, and Mercado Libre,” while the Dogecoin side frames this as a bridge to “hundreds of millions of users” reachable through that network. “This partnership with Paxos represents a major step forward in accelerating global access for Dogecoin,” House of Doge CEO Marco Margiotta said, adding that “by integrating with Paxos’ trusted and regulated infrastructure, we are creating a powerful pathway for leading global fintech platforms to make Dogecoin accessible to their users.” Paxos, for its part, has already been the back‑end engine for PayPal’s crypto services and the issuer of its PYUSD stablecoin, which PayPal recently expanded to 70 markets, reinforcing the idea that DOGE is hitching a ride on a maturing, regulated payments stack rather than a pure meme trade. Dogecoin price sits on the $0.10 knife edge On the market side, DOGE is changing hands around $0.10, with sources like CoinMarketCap and Trust Wallet putting the live price in the $0.099–$0.101 band and 24‑hour volumes near or above $700 million. That leaves Dogecoin roughly flat on the year but still miles below its prior cycle blow‑off highs, as liquidity has shifted toward more serious L1 and AI narratives, according to recent Dogecoin coverage on crypto.news. A crypto.news Dogecoin price piece notes that “Dogecoin is trading around $0.10–$0.105 today, with most serious 2026 forecasts clustering in a restrained $0.12–$0.18 band unless another meme‑mania shock hits,” a sober framing that contrasts with the retail obsession over a return to $1. For live market data and intraday moves, crypto.news maintains a dedicated Dogecoin price page tracking DOGE’s spot performance, market cap and volume. External models echo that capped‑upside posture: CoinCodex and CoinDataFlow both see DOGE drifting into the mid‑teens by 2026, with forecasts in the $0.10–$0.16 range implying perhaps 40%–60% upside from current levels if the coin simply grinds along with the broader market. A separate Dogecoin outlook referenced in crypto.news reporting lines up with that trajectory, suggesting that absent a new Elon Musk‑sparked frenzy or a broader meme re‑rating, DOGE is more likely to oscillate between high single‑digits and the mid‑teens than to credibly attack $1 in this cycle. Price prediction: infrastructure coup, narrative drag The Paxos integration is, structurally, exactly the sort of plumbing win that token bulls usually fantasize about: a meme asset piggy‑backing on a regulated broker that already pipes crypto into PayPal and Venmo, with PYUSD demonstrating how quickly Paxos‑backed assets can spread once they’re embedded in a giant payments platform. If even a tiny fraction of PayPal and Venmo’s users start dollar‑cost‑averaging into DOGE alongside bitcoin and ether, the steady bid could justify those $0.14–$0.16 2026 targets and push realized volatility lower than in past meme cycles. The counterpoint is that every serious model you can cite—including the range‑bound projections highlighted in crypto.news Dogecoin coverage—treats DOGE as a structurally capped asset whose fair value lives in a tight band around $0.10–$0.20 unless a full‑blown speculative mania returns. Over the next 12–18 months, a defensible base case is a slow grind toward the mid‑teens, with a realistic 2026 end‑of‑year range of $0.12–$0.18, a bullish tail where the Paxos distribution firehose plus meme reflexivity squeezes DOGE into the $0.20–$0.25 zone, and a bearish path where macro risk‑off or regulatory hostility toward meme coins pushes it back into the $0.06–$0.08 support area.

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