Dogecoin Labs Wants to Build the Economy Behind the Meme Coin’s $1 Rallying Cry

Dogecoin (DOGE) holders have called for a $1 price for years. Now a new company says it will build the economy that goal would need. Dogecoin Labs launched on October 21 in partnership with the Dogecoin Foundation. It brings the MyDoge wallet, the DogeOS app layer, and the Such App payments tool under CEO Jordan Jefferson. Three Dogecoin Products Move Into One Company Under the agreement, the nonprofit Foundation keeps its role in open-source development, advocacy, and community work. Nasdaq-listed House of Doge (HODO) will move parts of its product, engineering, and commercial operations into Labs. In return, it takes an equity stake of undisclosed size, according to the announcement . House of Doge is also giving up its exclusive Foundation partnership for a long-term license.

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