DOGE Pay Surpasses 6,000 Merchants, AlphaPepe Targets Token Usage

The Dogecoin ecosystem continues to expand its utility and adoption, with DOGE Pay reaching an impressive milestone of 6,000 merchants. This achievement is a result of a partnership between House of Doge and MoonPay, which enables native DOGE payments for these merchants through a streamlined checkout platform.

However, the article highlights that this adoption does not directly translate to holding demand for the token. Since payments are converted into fiat or stablecoins instantly at checkout, the usage remains transitory rather than contributing to scarcity-driven demand.

On the other hand, AlphaPepe's product-backed trade aims to create usage that sticks to the token, through its fee-and-burn design on AlphaSwap. This model is intended to feed value back to the token and reduce supply over time, potentially making it more price-relevant.