Here are the factors that saw Dogecoin demand rise this week

Dogecoin soared nearly 20% in the past week to $0.2543, its highest price since August 13, outperforming all the top ten cryptocurrencies. CleanCore Solutions, the first publicly traded Dogecoin Treasury bill, announced that it has purchased more than 500 million Dogecoin (US$125 million), while market expectations that the United States will launch its first Dogecoin ETF (DOJE) on Friday are also rising. Analysts pointed out that the recovery of institutional investor interest is a key factor driving Dogecoin's rise, and the market is currently forecasting that the probability of Dogecoin reaching $0.30 is 66.6%.