Emily Walker
Bitwise, a crypto index fund, has revealed its intention to launch a Dogecoin ($DOGE) ETF in Delaware, joining CoinShares and REX Shares in this venture. With meme coins outperforming many areas of the crypto market in 2024, the introduction of Dogecoin ETFs could continue to generate excitement.
At this moment, $DOGE’s price remains unaffected, but investors have been actively participating in ongoing crypto presales, generating millions for initiatives such as Flockerz ($FLOCK), which amassed over $13 million just before its presale concluded.
The new token releases are set to enhance liquidity and trading in the meme coin sector, with expectations that early investors in $FLOCK could see returns of up to 10 times their initial investment.
Bitwise’s Dogecoin ETF and the Altcoin Scene
Bitwise is making strides to connect cryptocurrency with traditional financial systems.
Earlier in 2024, Bitwise registered a spot Bitcoin ETF with the SEC, adding to a growing roster of crypto ETF providers focusing on Bitcoin and major altcoins like Ethereum and Solana. Now, it aims to establish a potential Dogecoin ETF in Delaware.
This decision is being made alongside developments regarding new pro-crypto SEC regulations under Trump and follows similar ETF filings by other providers like CoinShares and REX Shares for $DOGE ETFs.
Being the leading crypto index fund manager, Bitwise’s focus on a popular meme coin could kickstart a new uptrend in the meme and altcoin markets, which might push the broader crypto industry forward upon ETF approval.
Currently, the news hasn’t influenced the price of $DOGE significantly, as trading volumes are still in decline.
On the other hand, lesser-known Ethereum-based meme coins are capitalizing on the wave of recent pro-crypto news, with Flockerz achieving an impressive presale record of $1.4 million raised in under a week.
Flockerz ($FLOCK) Presale Triumph — $13M Secured and Listing Imminent
Meme coins have consistently outperformed other crypto categories throughout 2024, and presales have illustrated this trend. Amidst a down market, investors are directing their funds toward newer tokens with significant growth potential.
In this climate, Flockerz ($FLOCK) has been a standout presale riding the meme coin wave, raising over $13 million in less than six months.
In the final week before the presale closed, the project received a $1.4 million boost, indicating heightened interest prior to its listing.
Though the presale has concluded, early buyers still have four days to purchase $FLOCK at its current price of $0.0066883.
Post-presale, the token is set to be listed on various centralized and decentralized exchanges, with some traders speculating that $FLOCK could surge by 10 times or more shortly afterwards.
To acquire the token ahead of its listing, visit the official Flockerz website or utilize the Best Wallet app.
Everything You Should Know About Flockerz
As late 2024 witnessed a surge of new meme coin ventures, Flockerz distinguished itself in the crowded space. Notably, it is more than just a meme coin; it serves as a governance token.
$FLOCK will power its own decentralized platform, Flocktopia, enabling token holders to influence essential project decisions like token burns, budget management, and marketing strategies, as detailed in the whitepaper.
The Flockerz DAO will introduce a Vote-to-Earn (V2E) mechanism, where user participation in votes will yield additional $FLOCK tokens—a unique feature for meme coins.
Additionally, token holders can earn staking rewards up to 244%, encouraging both adoption and retention while mitigating potential sell-offs following the token’s listing.
In an unregulated market filled with dubious projects (like the recent HAWK incident), Flockerz’s emphasis on community governance has helped build trust and attract both large and small investors.
The project has also secured blockchain audits from Coinsult and SolidProof, enhancing its reputation for security and transparency.
For ongoing updates about Flockerz’s developments, check out their official X and Telegram channels.
Are Meme Coins Like Flockerz a Good Investment in 2025?
With meme coins consistently outpacing traditional altcoins, the potential for SEC approval of Dogecoin ETFs may further enhance positive market sentiments. This trend positions meme coins as appealing options for diversifying within the crypto space.
Such potential has especially emerged with newer meme coins, likely offering better short-term returns compared to established tokens. Flockerz recently garnered millions during its presale and analysts suggest it may rise by 10 times or more after listing.
However, given their inherent volatility, it is crucial to conduct thorough research and assess risks before investing. This information does not constitute financial advice, and the performance of meme coins heavily relies on market perceptions.