Dogecoin FOMO Surges as DOGE ETF Launch Nears & CleanCore Kicks Off $175M Treasury Plan

Jakarta, Pintu News – Dogecoin (DOGE) has once again caught the attention of investors following a number of important developments, such as the planned launch of the DOGE ETF and the DOGE cash initiative.

On-chain data shows an increase in activity from both retail and whale investors on the largest meme coin in recent weeks.

In addition, CleanCore Solutions officially started their cash program, which was followed by a 62% surge in its share price on Monday, September 8.

Retail FOMO predicted as Dogecoin ETF launches

The Rex-Osprey DOGE ETF is scheduled to officially launch this week, potentially driving demand from retail and institutional investors for the popular meme coin again.

Read also: Analysts Predict DOGE Price Could Reach $2, Dogecoin ETF Approval Chances Soar!

The ETF’s presence allows investors to gain exposure to Dogecoin without having to directly own the coin. Following the news, the price of DOGE had risen almost 10% from the weekly low of $0.205.

Blockchain analytics firm Santiment reports that DOGE’s current price movements are more influenced by expectations towards a spot ETF than fundamental factors. They added that many traders are still waiting on the sidelines for the official launch.

Once the ETF is actually released, the combination of interest from retail and institutional investors is believed to be able to drive a surge in demand.

In addition, Santiment also noted a spike in whale activity, particularly from wallets with holdings between 1 million and 10 million DOGE, which have been aggressively adding to their stash since August 25. This accumulation accelerated as expectations of a Dogecoin ETF grew.

Currently, these wallets collectively hold 10.91 billion DOGE or about 7.23% of the total supply-the highest figure in the last four years.

DOGE price eyes sharp gains amid ETF plans

Data from Polymarket shows that the probability of Dogecoin ETF approval is 92%, which has pushed the price of DOGE to break the $0.24 level. Currently, the meme coin is trading near the upper limit of the trend channel, and if it is able to break $0.242, the opportunity for further gains is open.

Read also: Bitcoin Price Stuck at $110,000, These 3 Altcoins Are Starting to Steal the Show

On the other hand, publicly traded company CleanCore Solutions (NYSE: ZONE) officially started its $175 million DOGE cash program on Monday, September 8. As part of the strategy, the company purchased 285.42 million DOGEs worth approximately $68 million.

CleanCore stated that it plans to accumulate up to 1 billion DOGE within 30 days, with a long-term target of owning 5% of the total Dogecoin circulating supply. Following the announcement, ZONE shares jumped 62% in after-hours trading on Monday.

Technically, the chart of DOGE shows a bull-flag pattern. With the appearance of a breakout candle from the pattern, popular crypto analyst Trader Tardigrade thinks that DOGE’s next upside target is in the $0.43 range.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Dogecoin Retail FOMO Is Kicking Again As CleanCore Kickstarts $175M DOGE Treasury Plan. Accessed on September 10, 2025