CleanCore announced that the DOGE treasury reserve has surpassed 500 million coins, moving towards the goal of 1 billion DOGE.

CleanCore Solutions announced that its DOGE treasury reserves have surpassed 500 million, completing half of its 1 billion target. This ambitious acquisition plan, coupled with the anticipated launch of the first U.S. DOGE ETF, is driving the price of DOGE up and providing legitimacy to its status as a corporate reserve asset and global currency.

CleanCore DOGE reserves exceed 500 million

According to a recent press release, CleanCore Solutions announced that its official DOGE treasury reserve now holds over 500 million DOGE, achieving half of its target of 1 billion. This reserve is supported by the DOGE Foundation and managed through its corporate division, House of Doge.

Strategic Goal: CleanCore's objective is to accumulate the purchase of 1 billion DOGE within 30 days, and hopes to ultimately increase its holdings to 5% of the total circulating supply of DOGE.

High-level involvement: CleanCore's Chief Investment Officer Marco Margiotta described this development as "a key milestone in executing a rigorous accumulation strategy." Notably, Elon Musk's private attorney Alex Spiro has also joined the CleanCore board as chairman, reportedly playing a significant role in formulating the financial plan and aligning it with the goals of the DOGE Foundation.

Price rise and technical analysis

Driven by this treasury reserve initiative, DOGE has shown strong performance recently, rising 22% in the past week. Technically, this cryptocurrency has successfully broken through the important price level of $0.25. This positive trend suggests that its price may further move towards $0.288. Strong trading volume and liquidity have also reduced the risk of sudden price drops following a rapid rise.

Institutional Involvement and ETF Catalysts

In addition to the large-scale acquisition by CleanCore, the market's anticipation of the upcoming launch of the first U.S. regulated DOGE ETF (REX-Osprey DOJE) has also provided an important catalyst for this rise. The launch of this fund will offer institutional investors a legitimate and regulated investment avenue, further enhancing DOGE's status as an investable asset.

The Long-Term Vision of DOGE: From Meme Coin to Global Currency

The actions of CleanCore and House of Doge are part of their broader strategy aimed at expanding the practical applications of DOGE. The organization is working to transform DOGE from a speculative digital token into a global currency with real functionality, with use cases including payments, tokenization, staking-like products, and global remittances.

Conclusion

Companies like CleanCore are actively incorporating DOGE into their financial reserves, which strongly indicates that DOGE's status is evolving from a speculative meme token to a more serious corporate and financial asset. This shift, combined with the potential of institutional products like DOGE ETF, is laying the groundwork for the next phase of growth for DOGE.