$68 Million Dogecoin Treasury Push: CleanCore Aims For 1 Billion In 30 Days
CleanCore Solutions (NYSE American: ZONE) has purchased 285,420,000 dogecoin—about $68 million at current prices—launching what it calls the “Official Dogecoin Treasury” backed by the Dogecoin Foundation’s corporate arm, House of Doge. The company set an initial accumulation target of 1 billion DOGE within 30 days and reiterated a longer-term objective to secure 5% of the […]
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Dogecoin’s backers moved quickly this week to create what they call the first official DOGE treasury, pushing $175 million into a vehicle aimed at buying Dogecoin and bringing more institutional muscle to the token. Related Reading: Mastercard Stresses Crypto Is An Enhancement, Not A Substitute According to reports, the fund was set up through a private placement that issued 175,000,420 pre-funded warrants priced at $1 each, a structure meant to provide immediate capital for purchases. The plan has drawn big-name crypto firms and traditional investors. Funding And Structure Based on....
According to the latest report, prominent legal attorney Alex Spiro has been listed as the chairman of a new digital asset treasury firm that aims to raise $200 million to invest in Dogecoin. What Elon Musk Knows About The Dogecoin Treasury? In an August 29 report, Fortune revealed that Alex Spiro, a lawyer who has […]
Dogecoin has observed a surge of 7% over the last five days as whales have been showing signs of accumulation behavior. Dogecoin Addresses With 100 Million To 1 Billion DOGE Have Gone Up By 5% Recently Both Dogecoin and the general crypto market have been struggling hard in recent weeks, but these last few days […]
The news also comes as DOGE proponent Elon Musk is expected to pump the token price during his Saturday Night Live appearance this week. At more than $52 billion, the market capitalization of meme-based cryptocurrency Dogecoin (DOGE) has already passed that of Twitter, U.S. car manufacturer Ford, and now, Tether.According to data from AssetDash, the market cap of Dogecoin is $52.5 billion, more than $400 million higher than that of Tether (USDT) at $52 billion. The token has already surpassed Ford's and Twitter's market capitalization at $45.1 billion and $43.1 billion, respectively. The....
Dogecoin price rallied more than 500% in the last ten days, resulting in a $50 billion market cap that eclipses ING, Barclays, and Credit Agricole. The last ten days have been nothing short of impressive for Dogecoin (DOGE), which rallied by more than 500% to a new all-time high at $0.45. Even after a 15% correction, the powerful rally catapulted Dogecoin’s market capitalization above well-established financial institutions like ING, Barclays, and Credit Agricole.The meme-driven cryptocurrency was pushed higher by multiple Twitter posts from Elon Musk, the CEO of Tesla and SpaceX, and the....