Recently, the performance of the DOGE market has been remarkable, with the price rising from a monthly low of $0.205 to $0.224, an increase of 10%. Behind this surge, the first official DOGE vault launched by CleanCore Solutions played a key role.

CleanCore Solutions, based in Nebraska and a manufacturer focused on water-soluble ozone cleaning systems, has become the first publicly traded company to incorporate DOGE into its main treasury reserves. The company also announced the completion of a $175 million private placement financing, gaining support from numerous institutions and cryptocurrency investors, and is seen as a significant milestone in the cryptocurrency space.

This initiative has received joint support from the DOGE Foundation and the DOGE House, aiming to promote the institutionalization process of DOGE through financially strategies recognized by the foundation. This strategy draws on the successful experience of Bitcoin ETFs, and the market expects it may attract a large influx of institutional funds.

In terms of market prospects, Polymarket data shows that the 21Shares Dogecoin ETP has been approved for trading in Europe, and there is a 79% probability that a spot ETF will be approved by 2025. Analysts believe that increasing institutional demand and potential ETF benefits could drive DOGE to reach a price target of $1 by the end of 2025.

Technical analysis also shows positive signals, further supporting the rise expectations for DOGE. As institutional participation increases and market sentiment improves, some optimistic predictions even set the potential target price for DOGE at $1.4.

However, investors should remain cautious and closely monitor market changes and regulatory environments to make informed investment decisions. The high volatility of the cryptocurrency market means that price predictions always carry uncertainty. Although the current trend is optimistic, market conditions can change at any time.