Dogecoin Rises 20%: Big News From U.S. Crypto ETF
Dogecoin Shows Strong Growth
Over the past week, Dogecoin (DOGE) has become the center of attention as it surged nearly 20%, pushing its price to $0.2543 – the highest since mid-August. This marks the strongest growth among the top ten cryptocurrencies, outperforming both Bitcoin and Ethereum. The rally highlights a significant comeback for the popular meme coin after a long period of being considered an underperformer compared to its peers.
CleanCore Holds Over 500 Million DOGE
The main catalyst behind this rally comes from CleanCore Solutions, a company listed on the NYSE American under the ticker ZONE. The firm announced the purchase of more than 500 million DOGE worth $125 million, becoming the first publicly traded Dogecoin treasury. CleanCore partnered with House of Doge, the commercial arm of the Dogecoin Foundation, to establish a long-term strategy for DOGE. According to Marco Margiotta, CleanCore CIO and CEO of House of Doge, their goal is to position Dogecoin as a premier reserve asset while expanding its use in payments, tokenization, and global remittances.
Dogecoin ETF Set To Launch
Alongside CleanCore’s accumulation, the market is also awaiting another major milestone: the launch of the first U.S. Dogecoin ETF, issued by Rex-Osprey. Trading under the ticker DOJE, the fund is expected to debut this week. Although it follows a different approval process compared to Bitcoin and Ethereum ETFs, the outcome will be similar—enabling traditional investors to easily gain exposure to Dogecoin. This marks a potential game-changer, opening the door to fresh capital inflows for DOGE.
Dogecoin Price Outlook
The emergence of a public treasury and the upcoming Dogecoin ETF have fueled a wave of optimism across the market. According to prediction platform Myriad, there is now a 66% probability that DOGE will reach $0.30 in the short term, an increase of nearly 15% within just one week. This reflects a growing confidence among investors who are betting on Dogecoin’s renewed momentum.
With the combined impact of CleanCore’s massive purchase and the pending ETF launch, Dogecoin is standing at the threshold of a potential new growth chapter after years of falling short of reclaiming its all-time high.
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