A recent surge of excitement has enveloped the Dogecoin 
$0.101969 community as a bullish flag pattern has emerged in the cryptocurrency‘s chart, strengthened by a significant purchase by CleanCore Solutions. This acquisition has elevated the company’s Dogecoin reserve to over 600 million coins, consequently pushing the treasury value beyond $160 million.
Technical Signals Point to a Bullish Trend in Dogecoin
Crypto analyst Trader Tardigrade has identified a classical bullish flag pattern on Dogecoin’s daily chart. He predicts the price could rise to $0.43, based on his analysis using the Ichimoku technique. In his assessment, short, medium, and long-term indicators support a bullish trend, but stresses the need to overcome resistance levels despite several bullish crossovers.
Dogecoin enthusiasts are also eagerly awaiting the launch of the Rex-Osprey DOGE ETF, scheduled to be listed on September 18. Though initially set for the previous week, its release has been postponed. Meanwhile, on-chain data reveals that whales have offloaded approximately 680 million DOGE in recent days. Despite this, the Dogecoin price has remained steady at around $0.267.
CleanCore’s Strategic Accumulation of Dogecoin
In a strategic move, CleanCore Solutions has announced the acquisition of an additional 100 million Dogecoin. This latest purchase raises the company’s Dogecoin holdings to over 600 million coins, with the current market value surpassing $160 million. The firm aims to reach 1 billion coins in the short term, with a long-term objective to control 5% of the circulating supply.
Marco Margiotta, Investment Director, stated the intention to position Dogecoin as a reserve asset. Margiotta mentioned enhancing Dogecoin’s use in tokenization, payments, staking-like products, and remittances is a key goal.
Following the treasury program launched on September 5, Dogecoin’s price has increased from $0.24 to the $0.27–$0.30 range. Furthermore, Dogecoin’s operating system layer, DOGE OS, has partnered with Thumbs Up Media to expand its application range. In this partnership, Thumbs Up Media’s CEO, Jordan Jefferson, joined the cryptocurrency advisory board of TZUP.
