Skip to content

Treasury Established for Dogecoin: Three Meme Cryptocurrencies Primed for Potential Growth

Dogecoin edges nearer to Wall Street with Alex Spiro, Elon Musk's legal representative, taking charge of a fresh Dogecoin treasury. This treasury has been established through a collaborative venture between CleanCore Solutions and the House of Doge (commercial arm of the Dogecoin Foundation). A...

Government Recognized Dogecoin: Cryptocurrencies Potentially on the Rise - 3 Meme Tokens with...
Government Recognized Dogecoin: Cryptocurrencies Potentially on the Rise - 3 Meme Tokens with Growth Potential

Treasury Established for Dogecoin: Three Meme Cryptocurrencies Primed for Potential Growth

In a significant move for the memecoin industry, the Dogecoin treasury has secured a $175 million investment through a Private Investment in Public Equity (PIPE) deal. The deal, which took place on September 11, 2025, raised a total of $1.65 billion, involving notable companies such as Galaxy Digital, Jump Crypto, and Multicoin Capital.

This development marks a new era of legitimacy for memecoins, with Dogecoin ($DOGE) now boasting institutional support. The Dogecoin treasury will oversee governance, reporting, and yield opportunities, paving the way for payment integrations and tokenization use cases.

Meanwhile, the memecoin landscape is buzzing with the rise of Snorter Token ($SNORT), a trading bot on Telegram that offers features like fast sniping, scam detection, and copy-trading. The presale for Snorter Token has already raised over $3.6 million, positioning it as a top-tier memecoin trading bot, competing with the likes of Banana Gun and Bonk Bot.

Snorter Token combines humor with practical utility, setting it apart among memecoins. Holders of $SNORT enjoy lower fees (0.85%) and staking rewards that currently average around 125% APY.

Another memecoin making waves is $MAXI, which has a steadfast, cult-like community and tends to flourish during broader memecoin hype cycles. The appeal of $MAXI lies in its potential influence from new treasury plans for Dogecoin ($DOGE) and its ecosystem driven by meme contests, viral marketing, and grassroots engagement.

The Dogecoin treasury was formed through a partnership between CleanCore Solutions and the House of Doge (the Dogecoin Foundation's commercial arm). Leading the treasury is Elon Musk's lawyer, Alex Spiro.

With these developments, it seems that memecoins are stepping out of the shadows and into the mainstream, offering exciting opportunities for investors seeking exposure to meme strength amplified by passionate communities.

Read also:

Latest