From Meme to Money: Dogecoin Aims for $1.40 with First Treasury Launch 🚀💰

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Key takeaways:

  • From internet jest to financial jest? The first $175 million DOGE treasury is launched, perhaps signaling the dawn of a new era… or just more internet fun.

  • DOGE’s bullish megaphone pattern suggests a 550% rally to $1, but let’s not get too excited-after all, it’s still Dogecoin.

Dogecoin’s (DOGE) price has soared 10% from its monthly lows at $0.205 to an intraday high of $0.224 on Thursday, a move that seems to be fueled by the whimsical launch of the first official Dogecoin treasury by CleanCore Solutions. 🎉

But can institutional adoption really propel DOGE price above $1, or will it remain a charmingly unpredictable meme token? 🤷‍♂️

A $175 million Dogecoin “Strategy”

CleanCore Solutions, a Nebraska-based maker of aqueous ozone cleaning systems, has become the first publicly traded company to adopt Dogecoin as its primary treasury reserve asset. Yes, you read that right-Dogecoin, the very same token that started as a joke, is now being taken seriously by a company that cleans with water and ozone. 🌱🔥

The company announced a $175 million private placement backed by over 80 institutional and crypto-native investors, marking a historic step for the cryptocurrency. Or, as some might say, a historic step into the unknown. 🤔

This initiative, backed by the Dogecoin Foundation and the House of DOGE, aims to institutionalize DOGE by creating a foundation-backed treasury strategy. In other words, they’re trying to turn a meme into a serious investment vehicle. Good luck with that! 🍀

🚨 NEW: House of Doge, the Dogecoin Foundation, and CleanCore Solutions have launched a 175 million $DOGE treasury initiative.

– CryptoMoon (@CryptoMoon) September 2, 2025

 

The move mirrors Strategy’s BTC-only “strategy” and Bitcoin’s ETF-driven success, potentially unlocking billions in institutional inflows. But let’s remember, Bitcoin didn’t start as a meme. 🐶 BTC: 1, DOGE: 0.

Analysts suggest this could drive demand as regulated capital can enter the market, with the 21Shares Dogecoin ETP already approved for trading in Europe and a 79% chance of a spot ETF approval in 2025, per data from Polymarket. Of course, analysts also suggested that the Titanic was unsinkable. 🚢🌊

This possible new demand from Dogecoin ETFs and companies could justify a $1 target by late 2025. Or it could just be another internet fad. Who knows? 🤷‍♀️

DOGE price megaphone targets $1-$1.40

The weekly candle time frame shows Dogecoin trading within a bullish megaphone pattern, as the chart below illustrates. The price bounced off the lower trendline of the pattern at $0.15 in June, suggesting the start of another significant move upward. Or maybe it’s just bouncing because it’s a meme and memes do what they want. 🕺

“Dogecoin is currently offering us a massive opportunity on the weekly time frame,” analyst Bitcoinsensus said in a post on Tuesday. But then again, Bitcoin was also offering a massive opportunity when it was at $10,000. 🤦‍♂️

An accompanying chart revealed that Dogecoin has previously posted higher percentage gains while trading within the same megaphone pattern, with almost every rally beating the last. “As we’ve seen in the past, this coin has been moving upward in impulsive waves, each being bigger than the previous one,” the analyst said, adding:

“This next wave could potentially lead to prices as high as $1.40.”

Such a move would represent a 550% price increase from the current levels. Or, in meme terms, it’s like going from “such wow” to “much amaze.” 🚀

Fellow analyst Barry ChartMonkey made a similar observation in mid-August, saying that the rebound from $0.15 in June was a “sign of a new bullish leg for the 2-year Bullish Megaphone,” with the possibility of hitting the 3.618 Fibonacci extension at $1.15. But let’s not forget, Fibonacci was a mathematician, not a meme lord. 🧮🐶

📈LONG: $DOGE by @TradingShot@dogecoin DOGE just completed its first 1D Golden Cross formation in 9 months! This could be a sign of a new bullish leg for the 2-year Bullish Megaphone, with previous peaks hitting the 3.618 Fibonacci extension. #Dogecoin #BullishLeg #Fibonacci

– Barry | ChartMonkey (@ChartMonkeyBTC) August 13, 2025

Zooming in, the top memecoin consolidates within a symmetric triangle on the daily chart, data from CryptoMoon Markets Pro and TradingView shows. A break above the resistance line of the triangle at $1.225 (the 50-day simple moving average) would confirm a bullish breakout from consolidation. The measured bullish target of the pattern is $0.37, or a 72% increase in DOGE price. But hey, who needs technical analysis when you have Shiba Inus and rocket emojis? 🚀🐕

As CryptoMoon reported, Dogecoin’s break above the 50-day SMA would avoid a deeper drop toward the $0.19-$0.16 zone. Or, in simpler terms, it would stop the coin from becoming a sad doge. 😔

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2025-09-04 15:52