Although the report’s impact on $DOGE’s price was short-lived, it was enough to prove its continued attractiveness as one of the best meme coins in the market.
Some analysts even took on a bullish tone on its long-term prospects, with a rally in the foreseeable future entirely possible.
$DOGE briefly hit $0.25 yesterday after WuBlockchain shared on X that European asset manager 21Shares filed an application for a Dogecoin ETF with the $TDOG ticker.
Source: X/@WuBlockchain
While the approval process will take a while, this was enough to stir excitement in the market. Similarly, traders reacted positively last week when the first US Dogecoin ETF began trading.
$DOGE’s value has steadily decreased since then, though, with the 21Shares news giving it a temporary respite.
Source: DTCC
It remains to be seen how $DOGE will fare in the long term. But analysts remain bullish on the market’s top meme coin, especially as more ETFs are launched that track Dogecoin.
In the meantime, other meme coins are attracting a flurry of activity among traders looking for new projects with huge growth potential. Let’s take a look at those.
Bitcoin may be the world’s biggest cryptocurrency, but there aren’t any meme coins being minted on its blockchain. This is by design, though, because while its simplified code limits its scalability, it’s also what keeps it highly secure.
Plus, the L2 will integrate the Solana Virtual Machine. This will bring lightning-fast transaction speeds to the notoriously slow Bitcoin ecosystem, resulting in cheaper transaction costs.
The $HYPER token has seen a lot of investor interest, including whale buys of $161.3K and $100.6K, pushing the amount raised to $18.1M+.
$HYPER also has the potential to close this year at $0.20 – and reach $1.20 by 2030, according to our Bitcoin Hyper price prediction. That would mean a 91.5x gain if you bought $HYPER today and HODLed it until 2030.
But don’t delay, because there’s only a little over a day left before the token’s next price increase.
Join the Bitcoin Hyper ($HYPER) presale today.
In a market dominated by Dogecoin, its degen cousin, Maxi Doge ($MAXI), is set to become the new alpha dog.
Partnership campaigns and initiatives are also in $MAXI pipeline – all geared to amplify returns and make good on Maxi Doge’s 1,000x energy. Competitions will also be a drawcard, with weekly trading leaderboards, among other challenges.
It’s not too late to join the movement, as the presale is still ongoing. You can get your piece of the pie at $0.000259 per $MAXI token. If you prefer to stake, you’ll get a whopping 134% p.a. in rewards for helping support the project.
Get your Maxi Doge ($MAXI) tokens today.
Pandas are among the world’s cutest animals – a fact that’s not up for debate. Another fact is that they’re endangered, while some of them are locked in cages in various zoos worldwide.
Its $PANDA token presale enables you to take part in this worthy cause. With every token that you buy, the team will have more resources to make its panda conservation foundation and panda birth initiative a reality.
Time is of the essence, though, which is why the presale is running for just 33 days – from September 15 to October 18. Once it ends, you’ll be able to claim your $PANDA tokens right away.
Right now, $PANDA costs $0.03138, but being a presale, the price will go up in stages. And in the final stage of the presale, each token will cost $0.06055. In other words, the sooner you join, the better.
To learn more about the project, read the Pudgy Pandas whitepaper.
