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Dogecoin’s official X account generated excitement on Sunday after MyDoge teased a fresh update to its non-custodial crypto wallet.
The account said it had “much anticipation” in response to MyDoge’s preview of version V3. MyDoge described the update as introducing decentralized finance, games, AI agents, and other applications aimed at helping users grow their DOGE holdings within a single ecosystem.
MyDoge’s website said the V3 release is in beta testing, and users can register to join a beta waitlist.
MyDoge is a free, non-custodial wallet app built specifically for Dogecoin. It is designed to let users store, send, receive, and tip DOGE.
DogeDesigner, a prominent DOGE influencer on X whose posts are often quoted and replied to by Elon Musk, also expressed optimism. “What a journey it has been, and what an exciting future ahead. Dogecoin is the people's currency,” DogeDesigner said.
It remained unclear what impact the V3 wallet update would have on DOGE’s demand and price action.
In early 2026, the memecoin struggled, falling to $0.088 from a 2025 high of $0.28. Since then, it has shown some progress but remains down year-to-date.
Separately, influential cryptocurrency analyst and trader Ali Martinez said they booked profits last week after DOGE reached a target of $0.1172 at the top of a price channel.
Technical indicators also pointed to caution. The Moving Average Convergence Divergence (MACD), which compares two exponential moving averages (commonly the 12-period and 26-period), showed a “Sell” signal for DOGE on TradingView.
At the time of writing, DOGE was trading at $0.1106, up 1.53% over the last 24 hours, according to Benzinga Pro data.
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