
Overview
CleanCore Solutions (ZONE) has successfully expanded its dogecoin holdings, doubling them to exceed 500 million tokens, leading to a stock price increase of 13% during pre-market trading.
Purpose
The company’s goal is to build a one billion DOGE treasury within the next month, facilitated by a $175 million private placement involving several investors including Pantera Capital, GSR, and FalconX.
Market Movement
As of the latest update, dogecoin was valued at $0.26, indicating a 5.5% increase, which places the value of CleanCore’s dogecoin reserves around $130 million.
Recent Activities
CleanCore made headlines on Friday by announcing that it acquired over 200 million dogecoin, significantly boosting its total token count. This acquisition aligns with the company’s strategy to reach its ambitious target quickly. In a previous plot, it revealed an initial transaction involving 285 million DOGE which marked the start of this acquisition campaign.
Dogecoin’s Popularity
Once considered just a meme, dogecoin has gained substantial traction. Its community continues to grow, alongside a steady increase in market value.