DOGE Surges 2.75% as $175M Acquisition Initiative Fuels Liquidity and Market Momentum

Dogecoin (DOGEUSDT) experienced a 2.75% price increase over the last 24 hours, currently trading at $0.21887 on Binance. The price movement is primarily attributed to CleanCore Solutions securing $175 million in private financing to establish a Dogecoin treasury, with support from the Dogecoin Foundation and House of Doge, and the announcement of a $175 million DOGE acquisition initiative. These developments have driven significant market attention and liquidity, with net contract withdrawals reaching 612 million DOGE in the past five days and 70% of holdings concentrated between $0.21 and $0.236. Despite some short-term bearish pressure and resistance at $0.219, Dogecoin maintains strong trading activity, with a 24-hour volume exceeding $1.8 billion and a market capitalization of approximately $33.4 billion.