Dogecoin Price Eyes Rally to $6 Amid Strong Treasury Demand

Core Insights - Dogecoin price has surged 9% to $0.2832, with a market cap of $42.7 billion, driven by the Rex-Osprey DOGE ETF and bullish sentiment [1] - Dogecoin has gained 31% weekly, with daily trading volumes reaching $5.23 billion and futures open interest increasing by 24% to nearly $6 billion, indicating strong investor sentiment [2] - Analysts project a potential price target for Dogecoin between $0.41 and $0.97 based on historical patterns of Bollinger Band Width [3] - A multi-year chart indicates a trend reversal for Dogecoin, with expectations of a parabolic rally potentially reaching $6, similar to previous bull runs in 2017 and 2021 [4] - CleanCore Solutions has announced its Dogecoin Treasury has surpassed 500 million DOGE, aiming to accumulate 1 billion DOGE within 30 days [5] - CleanCore's aggressive accumulation strategy includes an initial purchase of 285 million DOGE, with custody managed via Bitstamp and Robinhood [6]