DOGE Price Prediction: Wall Street Invests $175 Million, DOGE May See Historic Breakthrough

DOGE has reached a historic moment — for the first time, Wall Street funds have entered the DOGE treasury on a large scale, led by Elon Musk's private lawyer, Alex Spiro. With a $175 million treasury bond investment taking shape, a bullish technical pattern nearing a breakout, and expectations for a Spot ETF heating up, the market is full of imagination about the upward potential of DOGE's price.

Wall Street funds enter DOGE treasury for the first time

House of Doge collaborates with CleanCore Solutions, a publicly listed company on the New York Stock Exchange, to launch the first "official" DOGE digital asset vault sponsored by the DOGE Foundation.

Investment Scale: More than 80 institutions, including Pantera Capital, have committed $175 million through warrants.

Market significance: Marks the official entry of DOGE into the Wall Street corporate financial system, on par with mainstream assets such as Bitcoin and Ethereum.

Regulatory Advantage: Jointly regulated by House of Doge Inc. and 21Shares, enhancing compliance and transparency.

This move is in line with the global trend of corporate crypto vaulting, laying the groundwork for the long-term adoption of DOGE.

Technical Analysis: Bullish Triangle Flag Approaching Breakout

(Source: Trading View)

DOGE price has formed a bullish triangle pattern on the daily chart for two consecutive months, approaching the apex:

Resistance level: $0.245 (first test point)

Breakthrough target: If successfully broken through, the first target is 0.38 USD, a pump of about 70%.

Extended target: If combined with ETF approval and capital inflow, the price is expected to challenge 0.49 USD, and even move towards 1 USD.

Momentum Indicator: Buying Pressure is Returning

RSI: Approaching the recovery of the 50 neutral line, indicating an increase in buying strength.

MACD: Formed a golden cross for the first time since mid-August and broke through the signal line, usually indicating the start of a new bullish trend.

These technical signals combined with favorable fundamentals provide dual support for the breakout of DOGE.

Fundamental catalysts: ETF and favorable policies

The CLARITY Act: Expected to pass in the US Senate in October, it will release institutional funds waiting for regulatory clarity.

DOGE Spot ETF: If approved, it will deeply integrate with the US capital market, attracting a large amount of new demand.

Interest Rate Cut Expectations: The United States may cut interest rates this month, increasing market risk appetite, which is favorable for the pump of crypto assets.

Conclusion

With Wall Street's $175 million Treasury bond investment landing, the bullish technical pattern nearing a breakout, and support from ETFs and favorable policies, DOGE is standing at the threshold of a potentially historic market. If it breaks through the $0.245 resistance and continues to gain volume, DOGE is expected to first challenge $0.38, and then advance towards $0.49 and even $1. For investors, the upcoming weeks will be a critical moment to observe whether DOGE can complete its transformation from "meme coin to mainstream asset."