CleanCore Solutions, a corporate entity of the Dogecoin Foundation, has acquired 500 million Dogecoin (DOGE), reaching the halfway point of its plan to purchase up to 1 billion DOGE within 30 days. This latest acquisition brings its total holdings to nearly 785.42 million DOGE.
The company's goal is to strategically accumulate up to 5% of Dogecoin's circulating supply to position it as a leading digital asset treasury. According to CleanCore, this move is part of a plan to advance DOGE’s role in global finance, including its use in payments, tokenization, and remittances. The company believes that these purchases will help drive utility-driven demand for the meme coin.
This significant accumulation comes as Dogecoin experiences a nearly 22% price rally, climbing above $0.26. The market is also fueled by anticipation of the first-ever Dogecoin ETF, the REX-Osprey Doge ETF, which is awaiting a delayed launch.
Analysts are optimistic about DOGE's future price action. "World of Charts" noted that if Dogecoin can break past the key resistance level of $0.28, its price could surge to $0.50. Additionally, market commentator Trader Tardigrade highlighted a recent increase in trading volume and a breakout in the Money Flow Index (MFI), suggesting a strong rise in buying pressure and potential for further price appreciation.
September 2025, Cryptoniteuae