“The Company Aims to Amass a 1 Billion Dogecoin Treasury Within 30 Days, with Backing from Pantera Capital and Falconx.”, – WRITE: www.coindesk.com
AT DOGE’S CURRENT PRICE OF $ 0.26, Up 6% in the Past 24 Hours, TOSE 500 MILLION TOKENS ARE WORTH About $ 130 Million.
The Move is Part of the Company’s Plan to Build a Treasury of One Billion Doge with 30 Days. The Strategy Was Unveiled Earlier this month alongside a $ 175 Million Private Placement Involving Over 80 Investors. Participants Included Pantera Capital, GSR and Falconx, All Well-Known Digital Asset Firs.
Earlier this Week, Cleancore Discore Discondable An Initial Purchase of 285 Million Doge, Signaling The Start of ITS ACCUMULATION EFFORT. The Latest Buy Suggests The Company is Ramping Up Quickly Tward Its One Billion-Token Target.
Dogecoin, The Meme-Inspired Cryptocurrency That Began As A Joke But Has Since Developed A Devoted Community, Traded 6% Higher Over The Past 24 Hours at $ 0.26. Zone Shares Are Higher by 13%.
CPI Surprises to the Upside While Cracks Widen in US Labor Market; Bitcoin Climbs as the Dollar Weakens and Bond Yields Fall.
- Headline Cpi Rose 0.4% MOM VS. 0.3% expectoed; Jobless Claims and Major Job- Creation Data Revisions Signal Mounting Labor Market Stress.
- Bitcoin Holds Higher Lows, Approaching The CME GAP NEAR $ 117,300
- The 200-Day MOVING AVERAGE CLIMBS TO $ 102,000 as Short-Term Holder Cost Basis Hits an All-Time High.
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