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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.