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 outperformed most crypto market sectors in 2024, and news about Dogecoin ETFs could keep the hype going.
While we can’t yet see an impact on the price of $DOGE, investors have been flocking to the ongoing crypto presales since late 2024, raising millions for projects like Flockerz ($FLOCK), which reached the $13 million milestone the day before the presale ended -dollar exceeded.
These upcoming token launches will further increase the liquidity and trading activity of the meme coin market in the coming months, with meme coins like $FLOCK expected to deliver a 10x return 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, joining the growing number of crypto ETF providers covering Bitcoin and top altcoins such as Ethereum and Solana. Now the index fund is planning to issue a potential Dogecoin ETF in Delaware.
This decision comes amid news of Trump’s crypto-friendly SEC regulations and after other ETF providers such as CoinShares and REX Shares had already filed $DOGE ETFs with the SEC.
As the largest crypto index fund manager, Bitwise’s decision to focus its attention on a top-performing meme coin could spark a new bullish movement in the meme and altcoin sector, potentially propelling the crypto industry forward once the ETF receives approval.
So far, the news has had no impact on $DOGE as the token’s trading volume is still declining.
However, other cheaper and upcoming Ethereum-based meme coins are undoubtedly capitalizing on the momentum of the recent pro-crypto coverage in the news, as evidenced by Flockerz’s recent presale record of $1.4 million in less than a week.
Successful presale of Flockerz ($FLOCK) – $13 million raised and ready for listing
Throughout 2024, meme coins have consistently outperformed all other crypto categories, and pre-sales have been no exception. Amid a downturn in the crypto market, investors have switched to newer tokens with higher profit potential.
In this context, Flockerz ($FLOCK) has been one of the best pre-sales in recent months, riding the meme coin hype wave and raising over $13 million in less than half a year.
Last week, before the token presale ended, the project recorded an inflow of $1.4 million. This suggests that interest in the project only peaked ahead of the upcoming token listing.
Although the pre-sale has already ended, early birds can still purchase $FLOCK for four more days at the current list price of $0.0066883.
After that, the token will be listed on multiple centralized and decentralized exchanges, which some traders say could increase the value of $FLOCK by 10x or more in the coming weeks.
To purchase the token before listing, visit the Flockerz official website or use the Best Wallet app.
Everything you need to know about Flockerz
The end of 2024 saw an avalanche of new meme coin projects, resulting in a surge in meme coin market capitalization. Nevertheless, 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 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 described in the whitepaper.
The Flockerz DAO will also include 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 incentivizes adoption but could also help prevent mass selling post-listing.
In a completely unregulated meme coin market full of alleged scams and pirates (like the recent HAWK controversy), this focus on decentralization and community empowerment helped $FLOCK gain trust and support from not only crypto whales but smaller ones as well Attract investors.
The project also secured early audits from Coinsult and SolidProof and established itself as a secure and transparent meme coin.
You can find more news about Flockerz project developments on the official X and Telegram pages.
Are meme coins like Flockerz worth it in 2025?
Meme coins continue to outperform traditional altcoins, and the possible granting of Dogecoin ETF approvals by the SEC could further fuel this bullish market sentiment. This makes meme coins an attractive option for crypto users looking to diversify.
The trend is most evident in new and upcoming meme coins, which often have the potential for higher short-term profits compared to established tokens. Flockerz, for example, raised millions in presales and could rise 10-fold or more after listing, according to some analysts.
However, meme coins remain highly volatile, so it is important to use DYOR and understand the risks before investing. Remember that this information does not constitute financial advice and the performance of meme coins largely depends on market sentiment.