Crypto index fund Bitwise introduced plans to concern a Dogecoin ($DOGE) ETF in Delaware, becoming a member of the likes of CoinShares and REX Shares. Meme cash have already been outperforming many of the crypto market sectors all through 2024, and information about Dogecoin ETFs might maintain the hype going.
Though we’re but to see an influence on $DOGE’s worth, buyers have been flocking to ongoing crypto presales since late 2024, elevating tens of millions for initiatives like Flockerz ($FLOCK), which surpassed the $13M milestone the day earlier than its presale ended.
These upcoming token launches will additional enhance the meme coin market’s liquidity and buying and selling exercise within the upcoming months, with meme cash like $FLOCK anticipated to ship 10x returns to early buyers.
Bitwise’s Dogecoin ETF and the Altcoin Market
Crypto index fund and ETF supplier Bitwise continues its efforts to bridge the hole between cryptocurrency and conventional finance.
Bitwise had already registered a spot Bitcoin ETF with the SEC in early 2024, being among the many rising variety of crypto ETF suppliers to cowl Bitcoin and high altcoins like Ethereum and Solana. Now, the index fund plans to concern a possible Dogecoin ETF in Delaware.
This choice comes amidst information of Trump’s pro-crypto SEC rules and after different ETF suppliers like CoinShares and REX Shares had already filed for $DOGE ETFs with the SEC.
As the most important crypto index fund supervisor, Bitwise’s choice to increase its consideration to a top-performing meme coin might gas a brand new bullish motion within the meme and altcoin sector, doubtlessly transferring the crypto trade ahead as soon as the ETF good points approval.
To this point, the information hasn’t impacted $DOGE, because the token remains to be seeing a dip in buying and selling quantity.
Nonetheless, different cheaper and upcoming Ethereum-based meme cash are undoubtedly leveraging the momentum of the current pro-crypto protection within the information, as seen from Flockerz’s current presale document of $1.4M raised in beneath every week.
Flockerz ($FLOCK) Presale Success — $13M Raised and Able to Listing
All through 2024, meme cash have constantly outperformed each different crypto class, and presales have been no exception. In a downturn crypto market, buyers have been shifting in direction of newer tokens with greater potential good points.
On this context, Flockerz ($FLOCK) has been the most effective presales to trip the meme coin hype wave over the previous few months, elevating over $13M in beneath half a yr.
Over the previous week, earlier than the token presale ended, the mission noticed an inflow of $1.4M. This implies curiosity within the mission has solely peaked earlier than the upcoming token itemizing.
Though the presale is already over, early birds can nonetheless purchase $FLOCK at its present record worth of $0.0066883 for 4 extra days.
After that, the token shall be listed on a number of centralized and decentralized exchanges, which some merchants speculate might catapult $FLOCK 10x or greater over the upcoming weeks.
To purchase the token earlier than itemizing, go to the official Flockerz web site or use the Finest Pockets app.
All the pieces You Must Find out about Flockerz
Late 2024 has seen an avalanche of latest meme coin initiatives, which fueled a surge within the meme coin market cap. But Flockerz managed to face out from the competitors for a number of causes. Most significantly, Flockerz is not only a meme coin however a governance token.
$FLOCK will assist its personal decentralized platform, Flocktopia, the place token holders can vote on key mission developments, token burns, finances allocations, and the mission’s advertising and marketing technique, as outlined within the whitepaper.
The Flockerz DAO may also embrace a Vote-to-Earn (V2E) system, the place customers get rewarded with extra $FLOCK tokens for collaborating in decision-making — a primary for meme cash.
Holders may take pleasure in staking rewards of as much as 244%, which not solely incentivizes adoption however might assist forestall mass sell-offs post-listing.
In a totally unregulated meme coin market rife with alleged scams and rug pulls (just like the current HAWK controversy), this give attention to decentralization and neighborhood empowerment helped $FLOCK safe belief and appeal to the assist of not solely crypto whales but additionally smaller buyers.
The mission additionally secured Coinsult and SolidProof audits early on, establishing itself as a safe and clear meme coin.
For extra information about Flockerz’s mission developments, try their official X and Telegram pages.
Are Meme Cash Like Flockerz Value It in 2025?
Meme cash proceed to outpace conventional altcoins, and the SEC doubtlessly granting Dogecoin ETF approvals might additional gas this bullish market sentiment. This makes meme cash a pretty choice for crypto customers trying to diversify.
The development has been most noticeable amongst new and upcoming meme cash, which regularly have the potential for greater short-term good points in comparison with established tokens. Flockerz, for instance, raised tens of millions in presale and will spike 10x or greater post-listing, in line with some analysts.
Nonetheless, meme cash stay extremely risky, so it’s necessary to DYOR and perceive the dangers earlier than investing. Bear in mind, this data isn’t monetary recommendation, and the efficiency of meme cash largely depends upon market sentiment.