CleanCore Acquires 500M DOGE; Analyst Predicts $1+ Breakout

CleanCore Solutions has announced that its Official Dogecoin Treasury has surpassed 500 million [DOGE](https://holder.io/coins/doge/) as part of its goal to acquire 1 billion coins within 30 days. This demonstrates increasing institutional interest in the meme coin.

Halfway to 1 Billion DOGE

  • The purchase is managed by CleanCore's corporate arm, House of Doge.
  • Custody is handled through Bitstamp with Robinhood providing custodial support.
  • CleanCore aims to make Dogecoin a premier reserve asset and intends to secure up to 5% of its circulating supply.
  • Elon Musk’s lawyer, Alex Spiro, has joined CleanCore as chairman of the board.

Analyst Sees Breakout Potential

  • Analyst Javon Marks highlighted Dogecoin's historical pattern of consolidations followed by rallies.
  • A current wedge breakout indicates a potential surge, aiming for $1+.
  • Key resistance levels are at $0.20 and $0.40, with $1 as a target if the pattern holds.
  • A failure to maintain above $0.08–$0.10 may extend consolidation.