Trump-linked Thumzup loans to Dogehash $2.5 million to drive DogeMining

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  • Thumzup Media, linked to the Trump household, injects $2.5 million into Dogehash for ASIC enlargement
  • Dogecoin Hashrate might increase ASIC base and rise above 4K miners
  • Institutional Steps: Franklin Templeton has run Cardanonode and now Doge sees deeper investments

Thumzup Media Company (NASDAQ: TZUP), an organization linked to the Trump household, has expanded Dogecoin Mining by offering $2.5 million in loans to Dogehash Applied sciences. The funding will fund greater than 500 new ASIC models and raise Dogehash’s fleet, with greater than 4,000 miners.

“We’re captivated with all of the current developments of the Dogecoin Ecosystem and sit up for working with Dogehash to construct a premier Doge Mining Firm,” stated Robert Steele, CEO of Thumzup.

Thumzup doubles funding within the Dogecoin ecosystem

The Trump family-backed Cryptocurience Division has lately made strategic investments in Dogecoin up to now.

A number of the most notable investments within the Dogecoin ecosystem embody:

  • Plans to personal Dogehash completely: In mid-August 2025, Thumzup introduced plans to win Dogehash completely in all inventory buying and selling.
  • Implementing Dogecoin Treasury: In mid-September, Thumzup introduced its acquisition of roughly $2 million in 7.5 million tokens.
  • Appoint DoGeos CEO Jordan Jefferson to the Crypto Advisory Board: In mid-September 2025, Thumzup introduced that Jefferson could be appointed to the Cryptocolic Advisory Committee. Specifically, Jefferson was an early Bitcoin investor and co-founded DoGeos.
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Dogecoin Hashrate Outlook

In accordance with Coinwarz, Dogecoin hashrate has been secure at round 2.93 Ph/s over the previous few weeks. Including over 500 ASIC miners from Dogehash is predicted to assist enhance community safety and enhance stability.

For work proof chains like Dogecoin, you will need to preserve hashrate development to ensure that the community to stay proof against potential 51% assaults.

Neighborhood Development and ETF Hypothesis

With greater than 7 million chain holders, the DogeCoin community is prone to go away the highest Memecoin by market capitalization.

Associated: DogeCoin holds $0.24 as a construct of ETF BET, breakout of analysts’ eyes

Moreover, the Dogecoin neighborhood is hoping to obtain extra spot ETFs within the US by the top of this 12 months, following the approval of the Rex-Soprey Doge ETF (DOJE).

Doge Value Outlook October 2025

Dogecoin has confronted repeated rejections close to a $0.28 resistance stage over the previous three months. The token closed at $0.23 in September, then rebounds went to $0.244, up 6% over 24 hours, rising per TradingView.

Supply: TradingView

Analysts say if Doge exceeds $0.28, your subsequent goal is near $0.50. Till then, the danger of additional integration of lower than $0.24 stays.

Associated: Dogecoin Value Prediction: Can Morgan Stanley’s 1.3T $1.3T transfer Push Doge to $0.30?

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