CleanCore Liquidates 463M Dogecoin to Fund AI Data Centers

CleanCore Exits Dogecoin to Fund AI Data Centers

CleanCore Solutions, Inc. (ZONE) has completely wound down its Dogecoin treasury, selling 463 million DOGE for $33.4 million on July 20 to finance a strategic pivot toward AI infrastructure, according to the company's SEC filing. The move accompanies a broader restructuring that includes the divestment of its legacy ozone-cleaning products segment and a $100 million public offering of common stock and warrants, which increased shares outstanding by 122% to 502.1 million. Proceeds are earmarked for the accelerated construction of a 200-megawatt data center in West Texas and a 40-megawatt Tier 3 facility in Minnesota, the latter supported by a 10-year colocation agreement with Cerebras Systems, a direct competitor to Nvidia in AI chips. Despite the massive sell-off, Dogecoin remained resilient, holding key support near $0.09 and trading in its own independent trend, separate from the plunging stock. CleanCore's shares hit an all-time low of $0.1513, and the company acknowledged a material weakness in internal controls after an accounting department error overlooked a noncash transfer of 70 million Dogecoin made upon termination of an asset management agreement.

Dogecoin, a prominent altcoin that remains well below its all-time high, is consolidating around $0.091 after a sharp rebound from $0.07 earlier this week, with traders closely watching the $0.095 resistance level. Crypto analyst BitGuru notes that a sustained move above this threshold could bring the $0.10 psychological level back into focus. Technical indicators present a mixed picture: the price trades above the middle Bollinger Band at $0.07521 and is attempting to push beyond the upper band at $0.09317, while RSI readings vary sharply across platforms—some show overbought conditions above 80, while others indicate a more moderate 51.9. This divergence suggests that while momentum is positive, a short-term pause or pullback is possible before the next leg higher. The $0.095–$0.10 range is now the key battleground; failure to break above $0.095 could leave DOGE range-bound, while a decisive close above $0.10 would confirm a broader recovery and possibly attract fresh buying.

COINOTAG's proprietary 42-indicator composite scoring engine currently rates the $0.0956 resistance at 76/100 (strong), with confluence from the Fibonacci 0.618 retracement, R1 pivot, and volume profile high. Conversely, support at $0.0864 scores 74/100, backed by the Ichimoku Kijun, S3 pivot, and ATR lower band. With spot price at $0.0893, down 3.81% on the day, derivatives data show funding rates near zero (0.0056%) and a long/short account ratio of 3.67, indicating bullish positioning (78.6% long) that could be prone to a squeeze if price weakens. The Fear & Greed index at 73/100 reflects greed. A break above $0.0956 could open the path toward $0.1008, but losing $0.0864 on high volume would invalidate the bullish thesis and expose $0.0783 as the next downside target. Traders using AI trading bots may find these levels critical, while a sustained drop below support would likely mark the onset of a bear market.