Recently, Dogecoin (\u003ct-117/\u003e) has become incredibly popular🔥! With the launch of the Rex Osprey Doge ETF (DOJE), the trading volume in the first hour exceeded $5.81 million, far exceeding market expectations💥.
At the same time, corporate giant CleanCore Solutions disclosed that it has accumulated 500 million DOGE and plans to increase it to 1 billion DOGE within 30 days, worth nearly $300 million at the current price, significantly boosting the buying pressure for DOGE.
📈 ETF liquidity is skyrocketing, and Dogecoin is flying towards $0.30
\u003ct-95/\u003e The trading volume in the first hour after the ETF listing was about 140% higher than the predictions of Bloomberg analysts, also significantly exceeding the average level on the first day of the ETF⚡.
This means that the spot market was instantly injected with a large amount of capital, accelerating the price discovery process and pushing DOGE rapidly up to 0.2963 dollars, just a step away from the recent resistance of 0.30 dollars.
In the past 24 hours, Dogecoin rose 13.9%; in the past 7 days, it soared 38%!📈 This is the highest level since January of this year and has refreshed an eight-month high, showing DOGE's relative strength in the meme coin market.
🐋 Corporate purchases provide support, retail investors follow suit
The 500 million DOGE disclosed by CleanCore Solutions is definitely a huge signal for the market💎. Corporate purchases not only increase the tension in supply and demand but also stimulate retail and ETF investors to follow suit.
Market commentators pointed out that the combination of this buying pressure and ETF liquidity makes it possible for Dogecoin to hit key resistance levels in the short term.
Some top meme coin traders even stated: "Institutional wallets increasing + ETF funds accelerating, Dogecoin reaching 1 dollar is not a dream, but more like a mathematical inevitability."🚀
🧐 Market Outlook: Short-term surge is expected
In this round of rising, Dogecoin not only outperformed major market cap coins like Solana, XRP, and Ethereum but also showed extremely strong market activity. Traders suggest closely monitoring the following indicators:
Current price momentum is mainly driven by ETF liquidity + corporate purchases + retail interest 💥. In the short term, the possibility of DOGE hitting 0.30 dollars or even higher has significantly increased.
💡 Summary
ETF boost: The first hour trading volume was 5.81 million dollars, instantly igniting the market🔥
Corporate accumulation: CleanCore accumulated 500 million DOGE, with a 30-day target of 1 billion💎
Price trend: Up 38% in the past 7 days, refreshing an eight-month high📈
Market atmosphere: Retail enthusiasm is high, with strong support from institutions and ETF funds
In summary: Dogecoin is surging wildly under the dual push of ETF liquidity and corporate purchases; 0.30 dollars is just the beginning, and reaching 1 dollar may become the trend of this cycle!🐶🚀#山寨季将至？
