Crypto index fund Bitwise introduced plans to subject 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 preserve the hype going.
Though we’re but to see an influence on $DOGE’s worth, buyers have been flocking to ongoing crypto presales since late 2024, elevating tens of millions for tasks like Flockerz ($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 top altcoins like Ethereum and Solana. Now, the index fund plans to subject a potential Dogecoin ETF in Delaware.
This determination comes amidst information of Trump’s pro-crypto SEC regulations and after different ETF suppliers like CoinShares and REX Shares had already filed for $DOGE ETFs with the SEC.
As the biggest crypto index fund supervisor, Bitwise’s determination to increase its consideration to a top-performing meme coin might gas a brand new bullish motion within the meme and altcoin sector, doubtlessly shifting the crypto business ahead as soon as the ETF good points approval.
To this point, the information hasn’t impacted $DOGE, because the token continues 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 latest pro-crypto protection within the information, as seen from Flockerz’s latest presale document of $1.4M raised in below per week.
Flockerz ($FLOCK) Presale Success — $13M Raised and Able to Listing
All through 2024, meme coins have constantly outperformed each different crypto class, and presales have been no exception. In a downturn crypto market, buyers have been shifting in direction of newer tokens with greater potential good points.
On this context, Flockerz ($FLOCK) has been one of many best presales to experience the meme coin hype wave over the previous few months, elevating over $13M in below half a 12 months.
Over the previous week, earlier than the token presale ended, the challenge noticed an inflow of $1.4M. This implies curiosity within the challenge has solely peaked earlier than the upcoming token itemizing.
Though the presale is already over, early birds can nonetheless purchase $FLOCK at its present checklist worth of $0.0066883 for 4 extra days.
After that, the token can be listed on a number of centralized and decentralized exchanges, which some merchants speculate could catapult $FLOCK 10x or greater over the upcoming weeks.
To purchase the token earlier than itemizing, go to the official Flockerz website or use the Best Wallet app.
All the things You Must Find out about Flockerz
Late 2024 has seen an avalanche of recent meme coin tasks, which fueled a surge within the meme coin market cap. But Flockerz managed to face out from the competitors for a couple of causes. Most significantly, Flockerz isn’t just a meme coin however a governance token.
$FLOCK will assist its personal decentralized platform, Flocktopia, the place token holders can vote on key challenge developments, token burns, funds allocations, and the challenge’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 taking part 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 stop mass sell-offs post-listing.
In a completely unregulated meme coin market rife with alleged scams and rug pulls (just like the latest HAWK controversy), this concentrate on decentralization and neighborhood empowerment helped $FLOCK safe belief and entice the assist of not solely crypto whales but additionally smaller buyers.
The challenge additionally secured Coinsult and SolidProof audits early on, establishing itself as a safe and clear meme coin.
For extra information about Flockerz’s challenge 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 seeking to diversify.
The development has been most noticeable amongst new and upcoming meme cash, which frequently 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, based on some analysts.
Nonetheless, meme cash stay extremely unstable, 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.