Crypto index fund Bitwise announced plans to issue a Dogecoin ($DOGE) ETF in Delaware, joining the likes of CoinShares and REX Shares. Meme coins have already been outperforming most of the crypto market sectors throughout 2024, and news about Dogecoin ETFs could keep the hype going.
Although we’re yet to see an impact on $DOGE’s price, investors have been flocking to ongoing crypto presales since late 2024, raising millions for projects like Flockerz ($FLOCK), which surpassed the $13M milestone the day before its presale ended.
These upcoming token launches will further boost the meme coin market’s liquidity and trading activity in the upcoming months, with meme coins like $FLOCK expected to deliver 10x returns to early investors.
Bitwise’s Dogecoin ETF and the Altcoin Market
Crypto index fund and ETF provider Bitwise continues its efforts to bridge the gap between cryptocurrency and traditional finance.
Bitwise had already registered a spot Bitcoin ETF with the SEC in early 2024, being among the growing number of crypto ETF providers to cover Bitcoin and top altcoins like Ethereum and Solana. Now, the index fund plans to issue a potential Dogecoin ETF in Delaware.
This decision comes amidst news of Trump’s pro-crypto SEC regulations and after other ETF providers like CoinShares and REX Shares had already filed for $DOGE ETFs with the SEC.
As the largest crypto index fund manager, Bitwise’s decision to extend its attention to a top-performing meme coin could fuel a new bullish movement in the meme and altcoin sector, potentially moving the crypto industry forward once the ETF gains approval.So far, the news hasn’t impacted $DOGE, as the token is still seeing a dip in trading volume.
However, other cheaper and upcoming Ethereum-based meme coins are undoubtedly leveraging the momentum of the recent pro-crypto coverage in the news, as seen from Flockerz’s recent presale record of $1.4M raised in under a week.
Flockerz ($FLOCK) Presale Success — $13M Raised and Ready to List
Throughout 2024, meme coins have consistently outperformed every other crypto category, and presales have been no exception. In a downturn crypto market, investors have been shifting towards newer tokens with higher potential gains.
In this context, Flockerz ($FLOCK) has been one of the best presales to ride the meme coin hype wave over the past few months, raising over $13M in under half a year.
Over the past week, before the token presale ended, the project saw an influx of $1.4M. This suggests interest in the project has only peaked before the upcoming token listing.
After that, the token will be listed on several centralized and decentralized exchanges, which some traders speculate could catapult $FLOCK 10x or higher over the upcoming weeks.
To buy the token before listing, go to the official Flockerz website or use the Best Wallet app.
Everything You Need to Know about FlockerzLate 2024 has seen an avalanche of new meme coin projects, which fueled a surge in the meme coin market cap. Yet Flockerz managed to stand out from the competition for a few reasons. Most importantly, Flockerz is not just a meme coin but a governance token.
$FLOCK will support its own decentralized platform, Flocktopia, where token holders can vote on key project developments, token burns, budget allocations, and the project’s marketing strategy, as outlined in the whitepaper.
The Flockerz DAO will also include a Vote-to-Earn (V2E) system, where users get rewarded with more $FLOCK tokens for participating in decision-making — a first for meme coins.
Holders can also enjoy staking rewards of up to 244%, which not only incentivizes adoption but could help prevent mass sell-offs post-listing.
In a fully unregulated meme coin market rife with alleged scams and rug pulls (like the recent HAWK controversy), this focus on decentralization and community empowerment helped $FLOCK secure trust and attract the support of not only crypto whales but also smaller investors.
The project also secured Coinsult and SolidProof audits early on, establishing itself as a secure and transparent meme coin.
For more news about Flockerz’s project developments, check out their official X and Telegram pages.
Are Meme Coins Like Flockerz Worth It in 2025?
Meme coins continue to outpace traditional altcoins, and the SEC potentially granting Dogecoin ETF approvals could further fuel this bullish market sentiment. This makes meme coins an attractive option for crypto users looking to diversify.
The trend has been most noticeable among new and upcoming meme coins, which often have the potential for higher short-term gains compared to established tokens. Flockerz, for example, raised millions in presale and could spike 10x or higher post-listing, according to some analysts.
However, meme coins remain highly volatile, so it’s important to DYOR and understand the risks before investing. Remember, this information isn’t financial advice, and the performance of meme coins largely depends on market sentiment.
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