Recent price growth for Dogecoin to $0.22 has been driven by new investments and analyst optimism. Understanding the current trends and events surrounding Dogecoin can clarify the future prospects of this cryptocurrency.
Forecast for Dogecoin Price Growth
Dogecoin is currently trading at $0.22 after rebounding from the $0.205 support level. Analysts, such as Bitcoinconsensus, note that Dogecoin is showing bullish signs that could lead to a sharp increase towards $1. If the upward trend holds, the price could increase by approximately 362.1% or higher, positioning the meme coin between $1 and $1.40. A key factor for Dogecoin will be the anticipated interest rate cut at the Fed's meeting on September 17.
Activity of Dogecoin Whales
Crypto analyst Ali Martinez indicated that Dogecoin's largest holders have been relatively quiet in recent weeks. Wallets holding 10 million to 100 million DOGE hold about 24.19 billion tokens, but there are no signs of large buying or selling, suggesting they may be waiting for clearer market signals. Historically, major rallies for Dogecoin often begin with significant buying from whales that attract retail interest.
Creation of Dogecoin Treasury by CleanCore Solutions
CleanCore Solutions has raised $175 million to build a Dogecoin treasury. However, following this news, the company's stock fell by approximately 60% to $3.23, highlighting investor skepticism regarding the cryptocurrency treasury plan. This is similar to other companies that started building Dogecoin treasuries in 2025 but have not recorded good performance. For instance, Spirit Blockchain Capital is down over 88% this year, while Dogecoin Cash Inc. has lost 70%.
The current situation surrounding Dogecoin continues to be of interest to investors and analysts alike. While positive growth forecasts may attract attention, recent fluctuations indicate that investors should be cautious and await clear signals from major players in the market.
