Dogecoin price stalls as $175M treasury launch fails to spark momentum

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CoinJournal
DOGE+0.39%
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  • CleanCore and House of Doge have launched a $175M Dogecoin (DOGE) treasury.
  • ZONE stock has plunged nearly 60% as investors doubt the Dogeocin treasury move.
  • DOGE price is stuck near $0.21 with weak flows and muted whale activity.

Dogecoin (DOGE) is in the spotlight after CleanCore Solutions, a Nebraska-based manufacturer of aqueous ozone cleaning systems, and House of Doge, the commercial arm of the Dogecoin Foundation, unveiled a $175 million treasury designed to give the memecoin some institutional credibility.

Despite the bold move, the price of DOGE has barely budged, holding near the $0.21 level where it has traded for weeks.

This has left investors and traders weighing whether this new development will ignite lasting momentum or simply add to the long list of ambitious but underwhelming corporate pivots toward the meme-inspired token.

The $175M Dogecoin treasury by CleanCore Solutions

The treasury initiative was...

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