Dogecoin’s ETF gets closer to Wall Street with its own ETF, DOJE, set for a likely release this week.
The official debut should’ve happened last week, but was postponed, with no clear date set. However, Bloomberg analyst Eric Balchunas believes Thursday will be the big day, with the mention that ‘there’s a big group of ’33 Act-ers waiting for SEC approval still.’
James Seyffart, another Bloomberg voice, parroted the same prediction last week in his X post, also expecting a Thursday release.
A successful launch in two days time would make history as the first US ETF based on a meme coin with no explicit or implicit utility.
The release of DOJE would not only put more eyes on Dogecoin, but meme coins in general as well, with projects like Maxi Doge ($MAXI) potentially seeing massive gains as a result.
Following the release of DOJE, investors may turn their attention to meme coins, if only for speculative reasons. Dogecoin itself held no explicit blockchain utility at first, but it gained one with time, as more investors showed support and bought in.
And it’s not the only one. Shiba Inu started as a purebred meme coin, but eventually built Shibarium, its Layer-2 blockchain for scaling and created the SwibaSwap DEX.
Another meme coin, Floki Inu, is developing Valhalla, its own play-to-earn metaverse and partners with educational platforms for crypto learning initiatives.
Pepe itself gained utility with time by developing DeFi integrations and staking pools and planning to expand into NFT marketplaces.
These examples show that meme coins hold a lot of growth potential, even those devoid of any utility. This explains why companies like CleanCore Solutions have accumulated 500M Dogecoin to fuel its new Dogecoin Treasury.
Furthermore, CleanCore is determined to acquire 1B $DOGE in 30 days, which means more buys are coming.
CEO of House of Doge, Marco Margiotta, justified the investment by saying that ‘our treasury strategy is aligned with the forward-looking vision of House of Doge, where increased utility is expected to translate into broader adoption, making Dogecoin more in demand as a global digital asset.’
So, good times are coming and Dogecoin is at the forefront of it all. This means that Maxi Doge is likely to gain increased attention from investors as the presale keeps breaking its price milestones.
Maxi Doge ($MAXI) is the official mascot of degen trading – a Red Bull-fueled Shiba doggo trading at 1000x leverage with no safety nets, shame, or fear. The only option is to retire at 22 with a fat wallet, a secure future, and bloodshot eyes, because the only way to trade is the Maxi Doge way.
Maxi Doge is what Dogecoin could’ve been with a bit of Maxitren 9000 and an all-eggs-in-one-basket attitude that only true degen traders could survive. This unhinged philosophy is where Maxi Doge’s appeal comes from – and it shows.
The premise is simple. Give the ‘240-lb canine juggernaut’ your hard-earned money and you’ll receive access to gamified trading events, holder-only competitions with dynamic leaderboards, and the opportunity to say ‘I was there’ once $MAXI smashes Dogecoin’s chart success.
Investors took notice quite fast, pushing the presale to $2.2M+ shortly after it started. With $MAXI currently priced at $0.0002575, staking rewards of 146% APY, and virtually unlimited growth potential, this presale should be on every investor’s to-do list.
With Dogecoin’s ETF likely coming in two days, you want the largest advantage you can get – and that’s what early investing is all about.
If you want to taste some of $MAXI’s madness, buy your $MAXI stack today.
Remember, this isn’t financial advice. Do your own research and invest wisely.
This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.
The post Dogecoin’s ETF DOJE is Almost Certain to Release on Thursday, Fueling Maxi Doge’s $2.2M Presale appeared first on Coindoo.
Also read: How Bitwise’s Avalanche ETF filing could push AVAX toward $32
