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 may maintain the hype going.
Although we’re but to see an impression on $DOGE’s value, traders have been flocking to ongoing crypto presales since late 2024, elevating tens of millions for initiatives like Flockerz ($FLOCK), which surpassed the $13M milestone the day earlier than its presale ended.
These upcoming token launches will additional increase 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 traders.
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 concern a potential Dogecoin ETF in Delaware.
This resolution 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 resolution to increase its consideration to a top-performing meme coin may gas a brand new bullish motion within the meme and altcoin sector, doubtlessly transferring the crypto trade ahead as soon as the ETF beneficial properties approval.
So far, the information hasn’t impacted $DOGE, because the token continues to be seeing a dip in buying and selling quantity.
However, 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 file of $1.4M raised in below every week.
Flockerz ($FLOCK) Presale Success — $13M Raised and Ready to List
Throughout 2024, meme coins have constantly outperformed each different crypto class, and presales have been no exception. In a downturn crypto market, traders have been shifting in direction of newer tokens with greater potential beneficial properties.
In this context, Flockerz ($FLOCK) has been one of many best presales to trip 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 mission noticed an inflow of $1.4M. This suggests curiosity within the mission has solely peaked earlier than the upcoming token itemizing.
Although the presale is already over, early birds can nonetheless purchase $FLOCK at its present record value of $0.0066883 for 4 extra days.
After that, the token will probably 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.
Everything You Need to Know about Flockerz
Late 2024 has seen an avalanche of recent meme coin initiatives, which fueled a surge within the meme coin market cap. Yet Flockerz managed to face out from the competitors for a couple of causes. Most importantly, Flockerz is not only a meme coin however a governance token.
$FLOCK will help its personal decentralized platform, Flocktopia, the place token holders can vote on key mission developments, token burns, funds allocations, and the mission’s advertising technique, as outlined within the whitepaper.
The Flockerz DAO can even embody 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 also take pleasure in staking rewards of as much as 244%, which not solely incentivizes adoption however may assist stop 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 deal with decentralization and group empowerment helped $FLOCK safe belief and entice the help of not solely crypto whales but additionally smaller traders.
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, take a look at their official X and Telegram pages.
Are Meme Coins Like Flockerz Worth It in 2025?
Meme cash proceed to outpace conventional altcoins, and the SEC doubtlessly granting Dogecoin ETF approvals may additional gas this bullish market sentiment. This makes meme cash a sexy choice for crypto customers trying to diversify.
The development has been most noticeable amongst new and upcoming meme cash, which frequently have the potential for greater short-term beneficial properties 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.
However, meme cash stay extremely risky, so it’s essential to DYOR and perceive the dangers earlier than investing. Remember, this data isn’t monetary recommendation, and the efficiency of meme cash largely depends upon market sentiment.
