Dogecoin on the Rise: ETF Launch, $175M Treasury Plan, and Growing Retail FOMO

Dogecoin (DOGE) is once again in the spotlight. The launch of the Rex-Osprey Dogecoin ETF, a new $175 million treasury plan by CleanCore Solutions, and rising whale and retail activity suggest this iconic memecoin could be on the verge of a major breakout.

Retail FOMO Builds Ahead of Dogecoin ETF This week, the Rex-Osprey DOGE ETF is set to launch, giving investors exposure to Dogecoin without directly owning the asset. Anticipation has already fueled a strong rally: DOGE surged nearly 10% from a weekly low of $0.205. According to blockchain analytics firm Santiment, the current price action is being driven more by ETF speculation than fundamentals. Traders are waiting for official confirmation of the launch, which could spark further demand from both retail and institutional players.

Whales Aggressively Accumulate Santiment also highlighted a sharp increase in whale wallets holding 1–10 million DOGE. Since August 25, these addresses have been steadily building positions and now collectively hold 10.91 billion DOGE, representing 7.23% of the total supply – the highest share in four years. This trend signals strong whale confidence in the upcoming ETF and Dogecoin’s long-term trajectory.

CleanCore Launches $175M Treasury Plan Adding further momentum, CleanCore Solutions (NYSE: ZONE) announced on September 8 the launch of its $175 million Dogecoin treasury plan. The company has already purchased 285.42 million DOGE worth $68 million and plans to accumulate up to 1 billion tokens within 30 days. Its long-term goal is to own 5% of Dogecoin’s circulating supply. Markets reacted immediately – ZONE shares surged 62% during Monday’s session following the announcement.

Technical Outlook: Bullish Flag Targets $0.43 On the charts, Dogecoin is forming a bullish flag pattern. According to popular crypto analyst Trader Tardigrade, a confirmed breakout could send DOGE toward $0.43. Currently, DOGE is trading above $0.24, with Polymarket data showing a 92% chance of Dogecoin ETF approval. This strengthens bullish sentiment and raises the probability of further gains.

Bottom Line Dogecoin is experiencing a moment where both retail and institutional players are aligned.

🔹 Rex-Osprey DOGE ETF is fueling speculation

🔹 Whales are accumulating billions of tokens, holding 7.23% of supply

🔹 CleanCore launches a $175M treasury plan

🔹 Technicals point to potential rally toward $0.43

Once again, Dogecoin is proving that a memecoin can drive major narratives in the crypto market – but this time, it’s backed by institutional capital and strategic initiatives.

#DOGE , #Dogecoin‬⁩ , #etf , #CryptoMarket , #memecoin

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