Crypto index fund Bitwise has announced plans to launch the Dogecoin ($DOGE) ETF in Delaware, joining the likes of CoinShares and REX Shares. Meme coins have already outperformed most sectors of the cryptocurrency market in 2024, and Dogecoin ETF news could keep the hype alive.
While we don’t see an impact on the DOGE$ price yet, investors have been flocking to the ongoing cryptocurrency pre-sale since delayed 2024, raising millions for projects like Flockerz ($FLOCK)which crossed the $13 million mark the day before the pre-sale ended.
Upcoming token launches will further boost meme coin market liquidity and trading activity in the coming months, with meme coins like $FLOCK expected to provide early investors with a 10x return.
Bitwise Dogecoin ETF and Altcoin Market
Cryptocurrency index fund and ETF provider Bitwise continues its efforts to bridge the gap between cryptocurrency and conventional finance.
Bitwise has already registered a Bitcoin ETF spot with the SEC in early 2024, one of a growing number of cryptocurrency ETF providers supporting Bitcoin and top altcoins like Ethereum and Solana. Now the index fund plans to issue a potential Dogecoin ETF in Delaware.
This decision follows news about Trump SEC pro-crypto regulations and after other ETF providers such as CoinShares AND REX shares has already filed for the $DOGE ETF with the SEC.
As the largest cryptocurrency index fund manager, Bitwise’s decision to focus its attention on the best-performing meme coin could spark a fresh bullish movement in the meme and altcoin sector, potentially pushing the cryptocurrency industry forward once the ETF gains approval.
So far, the news has had no impact on $DOGE as the token continues to see a decline in trading volume.
However, other cheaper and upcoming Ethereum-based meme coins are undoubtedly capitalizing on the momentum of recent cryptocurrency headlines in the news, as seen with Flockerz’s recent pre-sale record of $1.4 million raised in less than a week.
Flockerz pre-sale success ($FLOCK) – $13 million raised and product ready for listing
Throughout 2024, meme coins consistently outperformed all other cryptocurrency categories, and the pre-sale was no exception. In a recession-driven cryptocurrency market, investors are turning to newer tokens with greater potential returns.
In this context Flockerz ($FLOCK) was one of the top pre-sales in the meme coin hype over the past few months, raising over $13 million in less than half a year.
Over the last week, before the token pre-sale ended, $1.4 million flowed into the project. This suggests that interest in the project has only peaked before the upcoming token listing.
Although the pre-sale has now ended, Early Birds can still purchase FLOCK for $1 at the current list price of $0.0066883 for four more days.
The token will then be listed on several centralized and decentralized exchanges, some traders speculate can catapult $FLOCK 10x or more in the coming weeks.
To buy a token before putting it up for auction, go to the tab Flockerz official website or operate The best wallet app.
Everything you need to know about Flockerz
Overdue 2024 saw a flurry of fresh meme coin projects, causing the market capitalization of meme coins to skyrocket. However, Flockerz managed to stand out from the competition for several reasons. Most importantly, Flockerz is not just a meme coin, but a governance token.
$FLOCK will support Flocktopia’s own decentralized platform where token holders will be able to vote on key project developments, token burning, budget allocation and the project’s marketing strategy, as described in the document white paper.
The Flockerz DAO will also feature a Vote-to-Earn (V2E) system where users will be 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 encourages adoption but could lend a hand prevent massive sell-offs once listed.
In a completely unregulated meme coin market rife with alleged scams and rug-pulling (such as the recent HAWK controversy), a focus on decentralization and community empowerment has helped $FLOCK secure trust and attract support not only from crypto whales but also from smaller investors.
The project is also secured Coinsult AND SolidProof conducts audits at an early stage, establishing itself as a safe and sound and see-through meme coin.
For more information on the development of the Flockerz project, check out their official information X AND Telegram pages.
Are meme coins like Flockerz worth it in 2025?
Meme coins continue to outperform conventional altcoins, and the SEC potentially granting approvals to Dogecoin ETFs could further fuel this bullish market atmosphere. This makes meme coins an attractive option for cryptocurrency users looking to diversify.
This trend has been most noticeable among fresh and upcoming meme coins, which often have the potential for higher short-term returns compared to established tokens. Flockerz, for example, raised millions in pre-sales and some analysts say it could grow 10 times or more once it goes public.
However, meme coins are highly volatile, so it is significant for DYOR to understand the risks before investing. Please note that this information does not constitute financial advice and the performance of meme coins is highly dependent on market sentiment.