Institutional investors acquire 680 million DOGE amid price drop; attention on DOGE-BTC and federal rate cut

This week, there was significant buying activity in Dogecoin, with institutional investors snapping up 680 million DOGE. CleanCore Solutions also expanded its treasury holdings to over 600 million DOGE as they await the U.S. Approval of the Dogecoin ETF.

With a potential Federal Reserve rate cut, analysts are optimistic about the DOGE-BTC ratio, which is forming a bullish pattern. The Fed is expected to lower rates by 25 basis points, impacting investor sentiment towards DOGE moving forward.