Dogecoin rebounds to about $0.20 as House of Doge lists on Nasdaq

Dogecoin surged more than 100 percent from its Friday low this week as the token recovered from a sharp flash crash and as House of Doge, the corporate arm of the Dogecoin Foundation, completed a reverse merger that lists the firm on Nasdaq. The rebound, which brought DOGE back to roughly $0.20 to $0.21 in mid-October, follows a dramatic selloff earlier in the week that briefly pushed the price near $0.11 before buyers and institutional flows stabilized the market.

The rapid drop on October 10 wiped out hundreds of millions in leveraged long positions, according to market data, and produced unusually high intraday volatility and volume. Since then, trading has oscillated in a narrow band as short-term holders and some institutional desks re-entered the market. Onchain metrics show a rise in short-term accumulation even as large wallet activity has included both significant transfers to exchanges and sizable allocations into corporate treasuries linked to the project.

House of Doge announced it will merge with Brag House Holdings in a transaction that brings roughly $50 million in backing and results in a Nasdaq listing under the ticker TBH. Company officials say the combined...