Dogecoin is up about 40% this week as institutional accumulation and a pending U.S. spot Dogecoin ETF have ignited buying pressure. CleanCore Solutions has amassed over 500 million DOGE and a Rex‑Osprey spot ETF (DOJE) launch is expected imminently, boosting market demand and liquidity.
Dogecoin surge: DOGE up 40% this week as institutional treasury buying and a pending spot DOGE ETF drive momentum — read latest market data and analysis.
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What caused Dogecoin’s 40% weekly surge?
Dogecoin’s 40% weekly surge is driven primarily by institutional accumulation and renewed ETF momentum. CleanCore Solutions reported acquiring over 500 million DOGE, and the prospect of a U.S. spot Dogecoin ETF (ticker DOJE) has lifted investor interest, tightening available supply and pushing prices higher.
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CleanCore Solutions (trading as ZONE on the NYSE American) has disclosed purchasing in excess of 500 million DOGE, roughly $148 million at recent prices. This size of accumulation is material for DOGE liquidity and represents one of the largest corporate treasury allocations to Dogecoin to date.
Rex‑Osprey’s proposed spot Dogecoin ETF (DOJE) has faced multiple scheduling changes. Market analysts report the launch is expected imminently, but exact timing remains subject to regulatory and exchange confirmations. Bloomberg Senior ETF Analyst Eric Balchunas has publicly noted repeated short delays with expectations for a near‑term debut.
Over the latest week DOGE outperformed peers, gaining ~40% while Solana rose ~18%, XRP ~12%, Bitcoin ~4.5%, and Ethereum ~9%. Dogecoin’s surge places it among the top performers by percentage gain within the top market‑cap cohort.
Both play roles, but the recent data points to institutional flows as a major catalyst: reported corporate treasury accumulation and ETF anticipation have amplified buying, while retail interest has followed the price momentum.
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