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Dogecoin Foundation exec weighs in on ‘safe’ memecoin, SEC’s crypto-regulations

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As part of the commemoration of the 4/20 Dogecoin [DOGE] Day, Fox Business had a chat with one of the foundation’s board members. Marshall Hyner, the person in question, has been with the Dogecoin Foundation since 2013. In the interview, he mentioned that the U.S. SEC could not target the memecoin.

Realistic or not, here’s DOGE’s market cap in BTC’s terms

Explaining his reasons, he pointed out that DOGE was similar to Bitcoin [BTC] and hence it could not be termed as a security. He also mentioned that DOGE was community-driven. Therefore, its decentralized nature might have helped it get away from SEC’s prescription jurisdiction.

Furthermore, Hyner admitted that he was not a fan of the enforcement approach by the U.S. regulator. Instead, he urged the SEC to look to create policies to ensure oversight and project survival. Hyner said:

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“I think that there are groups that build and have centralized companies. But that doesn’t mean that a cryptocurrency is not decentralized because they have centralized entities.”

It is important to note that the SEC has not made any specific statements regarding Dogecoin. And it is unclear whether or not the agency will take any regulatory action against the cryptocurrency.

That being said, the SEC’s regulatory focus has primarily been on initial coin offerings (ICOs) and cryptocurrencies that are deemed to be securities. Dogecoin, on the other hand, was not launched through an ICO and was not marketed as an investment opportunity.

For the uninitiated, an ICO is an event where a project attempts to sell a new coin or token, which investors purchase with the hope that the asset value rises.

Hyner also noted that he and other members of the development team did not envision a DOGE break into the top 10 cryptocurrencies by market capitalization. However, he now believes that the coin could break into the top three because the meme “cannot be stopped”.

But this could be a herculean task to achieve considering how far off the eighth-ranked cryptocurrency is from the third-placed Tether [USDT]. At press time, the Dogecoin market cap decreased by 11.89% to $10.98 billion.

Dogecoin market cap and social dominance

Source: Santiment

This was a testament to the widespread declining coin circulation and dip in prices. But the coin’s social dominance exhibited an opposite reaction since 4/20. At the time of writing, the metric which revolves around an asset’s social discussion was up at 4.87%

Is your portfolio green? Check the Dogecoin Profit Calculator

This implied that the Dogecoin Day celebration stirred several dialogues around the cryptocurrency. Meanwhile, Twitter CEO and outspoken Dogecoin lover Elon Musk did not exactly “promote” the meme on the said date. Instead, his focus was on the Starship launch.

However, it is important to keep in mind that the regulatory landscape around cryptocurrencies is constantly evolving, and it is difficult to predict how agencies like the SEC will respond to assets like Dogecoin in the future.

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    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

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  • 15.10.25 21:52 harristhomas7376

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  • 17.10.25 20:17 tyleradams

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  • 17.10.25 21:42 marcushenderson624

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