The treasury plan is still at the pitch stage. Details such as its launch date, governance, and regulatory process are not yet shared. Still, with a high-profile lawyer at the top and official support from the House of Doge, the fund is being seen as an important step toward transparency and legitimacy.
Elon Musk’s influence on Dogecoin is already well known. His tweets and public statements have pushed DOGE prices up or down many times. From calling it his “favorite cryptocurrency” in 2019 to joking about it on Saturday Night Live in 2021, Musk has been at the center of the coin’s story. This new treasury plan could mark a shift from online hype to a more formal path for DOGE.
If the fundraising succeeds, Dogecoin could become a more common asset for traditional investors. By giving stock market access to DOGE, the treasury may turn the meme coin into something much bigger. Success will depend on investor interest, market conditions, and regulatory support.
Also Read: Crypto Prices Today: Bitcoin Price Holds $107,000, Ethereum at $4,472, XRP at $2.92