TLDR
- Dogecoin dropped over 6% after hitting resistance at $0.270, falling to around $0.248 where it found support
- CleanCore Solutions added over 710 million Dogecoin to its treasury, bringing holdings to approximately $173.92 million
- The NYSE-listed company raised about $175 million through a private placement in September to fund its Dogecoin purchases
- CleanCore aims to accumulate 1 billion Dogecoin tokens total and currently has over $20 million in unrealized gains
- The company’s strategy focuses on building long-term shareholder value and expanding Dogecoin utility for broader adoption
Dogecoin fell more than 6% in a single day after failing to break through resistance at $0.270. The price dropped to around $0.248, where it found support at a familiar level.
The decline followed a pattern that traders have seen before. The coin attempted to push through the $0.268 to $0.270 zone but could not hold above it.
That rejection triggered the quick drop of 6.57%. The move brought the price back down to $0.248 on Binance’s DOGE/USDT pair.
This support level has acted as a floor multiple times in recent trading. Right now, Dogecoin is sitting just above it.
$DOGE has been battling this $0.25–$0.28 resistance zone for months now, and it's almost ready to break out. It just needs a bit more consolidation around $0.24, and once it cracks $0.27 again, we could finally see a push to $0.36 or higher. pic.twitter.com/TkgqH5CMwE
— The Great Mattsby (@matthughes13) October 7, 2025
The entire price action stayed inside a known range. Traders watch horizontal support and resistance lines to guide their decisions.
Technical analysts say these patterns work because of high trading volume. Retail participation also plays a role in making price zones predictable.
The Dogecoin community responds to familiar price levels in consistent ways. Without major news, DOGE often trades sideways in structured ranges.
CleanCore Solutions Builds Treasury
CleanCore Solutions announced it has added over 710 million Dogecoin to its balance sheet. The NYSE-listed company is working toward its goal of 1 billion tokens.
JUST IN: 🇺🇸 Publicly traded CleanCore now holds 710 million $DOGE worth $182 million, as it awaits SEC share registration. pic.twitter.com/JG5GY9W2Wi
— Whale Insider (@WhaleInsider) October 7, 2025
The company’s treasury now includes more than 710 million Dogecoin. CleanCore reports over $20 million in unrealized gains on these holdings.
At current prices of 24.5 cents, the total value is approximately $173.92 million. The company raised about $175 million before expenses through a private placement on September 5.
CleanCore CEO Clayton Adams said the strategy aligns with the House of Doge’s vision. The focus is on expanding utility to drive adoption and demand for Dogecoin.
Stock Performance and Market Concerns
CleanCore Solutions Inc closed trading on Tuesday down 8.44% at $2.06. The stock saw a slight 1.46% gain after hours to $2.09.
The company stressed its approach goes beyond just accumulating tokens. CleanCore wants to grow its treasury while maintaining focus on shareholder value.
Some industry experts question the market cap to net asset value metric for crypto treasury companies. Greg Cipolaro from NYDIG said the metric overlooks firms with business operations beyond holding crypto.
Standard Chartered has warned that smaller firms face risks of overexposure. The bank expects consolidation in the sector if market cap to net asset value ratios stay low.
CleanCore says it has sufficient cash to keep acquiring Dogecoin. The purchases are supported by its partnership with Bitstamp by Robinhood.
