I’ve been following Dogecoin since 2014. Back then, I even mined a decent amount myself. Somewhere on an old hard drive sits a wallet with about 400,000 DOGE. The problem? I lost the password. Over the years I’ve tried to crack it, but no luck yet. That little mystery has kept me connected to Dogecoin’s journey. Every big pump, every wild dip, it always grabs my attention.
Now, with news of the first DOGE treasury company and rumors of a DOGE ETF, it feels like the perfect moment to dig into the price action again.
CleanCore and the Dogecoin Treasury
This week, CleanCore made waves by announcing a large Dogecoin treasury. Within days, they became the biggest DOGE digital asset treasury, working closely with House of Doge. The goal is clear: show that Dogecoin can work as “the people’s currency.”
Their target is big. In the short term, they aim for one billion DOGE, about 0.66% of supply. Long term, they want up to 5%, which would equal more than 7.5 billion DOGE. At current prices near $0.24, the near-term target is worth around $240 million.
The move is backed by major investors like Pantera and GSR. CleanCore even got NYSE American approval for listing the financing deal. The message here is simple: Dogecoin is no longer just a meme, it’s becoming part of structured corporate treasuries.
The First DOGE ETF in the US?
Rumors are swirling about the first Dogecoin ETF hitting the US markets. The Rex-Osprey DOGE ETF, ticker $DOJE, is expected to launch soon. If it happens, it will be the first time US investors can get exposure to Dogecoin directly through a regulated ETF.
This isn’t just noise. ETF Store president Nate Geraci said on X that the next two months could be wild for crypto ETFs. And he’s not wrong. The SEC is reviewing multiple spot applications, including one from Grayscale to convert its Dogecoin Trust. The deadline for that decision is mid-October.
On Polymarket, bettors have already placed odds of 91% that a spot DOGE ETF will arrive in 2025. That optimism shows just how serious the market is taking these developments.
Why a DOGE ETF Matters
Dogecoin ETFs change the narrative. They move DOGE from a meme coin traded on exchanges to a financial product available to anyone with a brokerage account. This opens the door to new investors, including institutions that previously ignored Dogecoin.
For me, it’s surreal. Back in 2014, Dogecoin was just a funny internet coin with a Shiba Inu. Now, we’re talking ETFs and treasuries. It feels like a turning point for the coin’s legitimacy.
Can DOGE Reach One Dollar?
The question on everyone’s mind: can Dogecoin hit $1? Technically, the setup is looking strong. On the monthly chart, a massive cup-and-handle pattern has formed. If the resistance around $0.42 breaks, the pattern suggests a move toward $1.40. That’s nearly a 500% gain from today’s levels.
The larger cup formation points even higher, with a potential target near $3.65. Of course, patterns don’t guarantee results, but the setup is clear for anyone watching long-term charts.
Near-Term Price Action
On the weekly chart, DOGE is consolidating inside an ascending triangle. The key level is $0.27. A weekly close above that level could trigger a breakout. If confirmed, the target sits around $0.50, which is more than 100% above current prices.
Momentum is building. With the ETF news circulating and CleanCore pushing treasury accumulation, the timing couldn’t be better.
My Thoughts as an Old Miner
Every time I see DOGE move, I think back to that lost wallet. At today’s prices, that stash would be worth close to six figures. But more than the money, it’s the story that keeps me hooked. Dogecoin always finds a way to surprise.
Whether or not we get a DOGE ETF this year, one thing feels certain: Dogecoin has grown beyond its meme origins. Treasuries, ETFs, and institutional players are stepping in. The charts are lining up with the narrative.
If history is any guide, DOGE has a way of going further than most expect. From mining it in my garage to watching Wall Street embrace it, the ride has been wild. And I don’t think it’s over yet.
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Final Words
Dogecoin has always been more than a joke. With CleanCore building a treasury and the first DOGE ETF on the horizon, we could be at the start of a new era.
The charts suggest big upside potential, with key breakouts just around the corner. If DOGE clears $0.27 and later $0.42, the road to $1 and beyond is wide open.
I’ll keep trying to recover that old wallet. And if you know a good wallet cracker service, I’ll get a commission for you. But even without it, I’ll stay tuned to DOGE’s next chapter. After all, this coin has always had a way of surprising us.
If you enjoyed this blog, you may want to check out our blog about how DOGE might be a target for 51% Attack.
As always, don’t forget to claim your bonus below on Bybit. See you next time!
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