DOGE -2.5% in 7 Days Amid Florida Seizure and IOTA App Launch

On DEC 13, 2025, DOGE experienced a 0.02% decline in the last 24 hours, reaching $0.13876, with a 2.5% drop over the past seven days. This follows a broader bearish trend, as the coin has fallen 4.78% in the last 30 days and 56.01% over the past year. These movements coincide with two major developments in the crypto space: a high-profile seizure of assets involving DOGE in Florida and the introduction of a new mobile application by IOTA that supports DOGE staking and cloud computing power.

Florida Seizure Highlights Growing Regulatory Scrutiny of DOGE

On the same date, Florida authorities announced the seizure of approximately $1.5 million in cryptocurrency, including DOGE, tied to an individual named Tu Weizhi. The suspect is facing charges of money laundering, grand theft, and organized fraud. The assets were frozen through a court order executed by the State Attorney’s Office Economic Crimes Unit. Investigators traced the case back to July 2024, following a $47,421 investment fraud reported by an Orange County resident. The seizure underscores the increasing regulatory focus on crypto-related financial crimes and the use of DOGE in illicit financial activity.

While DOGE remains a popular asset among retail investors and is often linked to meme-driven momentum, the Florida case highlights a darker side of its utility. The involvement of DOGE in this money laundering scheme raises questions about the coin’s vulnerability to misuse, despite its recent cultural prominence and institutional adoption. Such cases contribute to broader regulatory scrutiny in the crypto space and may affect investor sentiment in the short term.

IOTA Launches App to Boost DOGE Utility via Cloud Mining

On the same day as the Florida seizure, IOTA announced the launch of a new mobile application aimed at expanding the utility of DOGE and other cryptocurrencies through cloud mining. The platform allows users to participate in cloud computing power using DOGE, BTC, ETH, and other assets, enabling them to earn passive income without requiring technical knowledge or hardware. The app is marketed as a user-friendly solution that allows individuals to monitor earnings, manage contracts, and adjust settings from their mobile devices.

This development represents a strategic move to enhance DOGE's value proposition beyond its current uses as a meme coin or payment token. By integrating DOGE into cloud computing services, IOTA aims to position the asset as a functional tool for earning and staking. The platform’s emphasis on security, with features such as McAfee and Cloudflare protection, is expected to attract both retail and institutional users.

The IOTA app also introduces a range of contracts with varying investment levels and returns, some of which are specifically tailored to DOGE. For example, one contract requires an investment of $3,000 and offers daily returns of $41.10 over 20 days. These structured opportunities may appeal to investors looking to diversify their exposure to DOGE while earning steady returns.

Market Implications and Investor Outlook

Taken together, these two events highlight the dual nature of DOGE’s role in the crypto ecosystem. On one hand, the Florida seizure illustrates the asset’s susceptibility to misuse in financial crimes, which could raise concerns about regulatory intervention and volatility. On the other hand, the IOTA app’s launch signals growing institutional and developer interest in expanding DOGE’s utility, which could help offset short-term risks.

Analysts project that the broader adoption of DOGE in practical applications—such as cloud computing and staking—may serve as a long-term tailwind for the coin. However, these benefits may take time to materialize, and the current bearish trend in DOGE suggests that investors remain cautious in the near term. The next few weeks will be critical in determining whether these developments translate into tangible market action or remain confined to the headlines.