Altcoin
Grayscale Launches Dogecoin Trust, DOGE ETF Next?
Asset manager Grayscale has announced the launch of its Dogecoin Trust, a fund that will provide institutional investors with exposure to the foremost meme coin DOGE. This move has also raised the possibility of the asset manager filing for a DOGE ETF at some point.
Grayscale Launches Dogecoin Trust
In a press release, Grayscale announced the creation and launch of its Grayscale Dogecoin Trust. The asset manager stated that this fund will offer investors the opportunity to gain exposure to DOGE, the native coin of the Dogecoin network.
The firm further remarked that it believes the top meme coin has transitioned from a meme coin of a Shiba Inu to a tool for “global financial inclusion, grassroots activism, and a viable means of payment.” The asset manager added that due to its widespread accessibility, affordability, and rapid transaction speeds, DOGE has gained significant adoption worldwide.
Grayscale mentioned that the Trust is now open for daily subscription by eligible individual and institutional accredited investors. The firm noted that the fund functions like its other single-asset investment trusts and is solely invested in DOGE, the native coin of the Dogecoin network.
Meanwhile, this launch comes just a day after the asset manager filed for a Spot XRP ETF with the New York Stock Exchange (NYSE). The firm plans to convert its XRP Trust to an ETF, which will list and trade on the NYSE.
A Spot ETF Next?
Grayscale’s launch of the Dogecoin Trust has raised the possibility of the asset manager filing for a Spot DOGE ETF at some point. In an X post, Nate Geraci, the President of the ETF Store, also predicted that the firm would file for this DOGE ETF.
He asserted that the “obvious plan” here is to ultimately convert the Trust to an ETF. He added that the launch of the Trust allows the asset manager to test out demand and get a head start on accumulating assets.
Bloomberg analyst Eric Balchunas also agreed with Geraci, stating that the move is an attempt for the asset manager to “cut line,” in terms of trying to get an approval from the SEC for a DOGE ETF.
It is worth mentioning that Grayscale has taken this approach with all the Spot crypto ETFs it currently offers and prospective ones. The asset manager simply convert its Bitcoin and Ethereum Trust to spot ETFs. Meanwhile, the firm is currently looking to convert its XRP, Solana, and Litecoin Trusts to spot ETFs.
In the meantime, REX Shares and Bitwise remain the only asset managers to have filed to offer a Dogecoin ETF with the US SEC. REX Shares submitted its application last week while Bitwise just filed its S-1 for this fund three days ago.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Hype for Next 100x Meme Coins as $USDT Moves to Bitcoin
Tether, the company behind the $USDT stablecoin, announced plans to launch $USDT on Bitcoin’s base layer and the Lightning Network.
That’s big, big news – $USDT carries a $140B market cap in the stablecoin sector, which itself accounts for some $224B of the $3.7T total crypto market cap.
Now, Tether wants to combine $USDT with Bitcoin, the biggest name in crypto, to provide faster and more reliable solutions for remittances, payments, and other financial applications.
By leveraging Bitcoin’s base layer and the Lightning Network, Tether aims to improve transaction efficiency involving $USDT. $USDT is already integrated with a number of other important chains – including Ethereum, Tron, Solana, and Binance Smart Chain – but adding Bitcoin via the Lightning Network would be huge, with far-reaching implications.
As Bitcoin looks set to expand with $USDT, hype for the next 100x meme coins grows. Here’s our list of ones you need to keep your eyes on.
1. Solaxy ($SOLX) – Brilliant Solana Layer-2 Upgrade with 240% Staking
Solaxy rides a pure meme coin wave – but there’s real utility here, also. Solaxy aims to combine Solana’s speed with Ethereum’s reliability for a multi-chain solution and Solana upgrade.
And memes, of course. The $SOLX token is a meme coin with added utility, including 240% staking for users who purchase and stake $SOLX during the presale period. Staking rewards will be disbursed over the course of three years after the presale ends.
The tokenomics of the project reserve significant numbers of tokens for protocol development (30%) and rewards for early adopters (25%).
With over $16.6M raised in the presale, there’s a genuine opportunity for early supporters to see major returns on their investment. Solana climbed 136% in 2024; can $SOLX do 100x?
To learn more, or if you’d like to buy some Solaxy, check out the $SOLX presale page.
2. MIND of Pepe ($MIND) – Crypto’s Green Frog Gains AI Superpowers
MIND of Pepe combines AI with Pepe to give you an all-knowing green frog.
The $MIND token is currently in presale, but the techmap outlines plans for an AI agent launch on X, AI-powered market analysis and insights, and exclusive alpha for token holders.
Eventually, the MIND of Pepe will understand the crypto market enough to market and deploy its own tokens.
That’s a lot of power invested in Pepe, but his $MIND is big enough to handle it. And a fully autonomous AI with the power to dominate the meme coin market could make big gains for early investors.
$MIND token holders can stake their tokens at a current rate of 488%, another incentive to join one of the best crypto presales early. Tokens are currently worth $0.0032273 in the ongoing presale, which has raised $4.5M so far.
Learn more about $MIND on its presale page.
3. Catslap ($SLAP) – Slap-to-Earn in Token Airdrop
Everyone loves a good airdrop, and everyone loves cats. Catslap adds a simple game to the mix – Slap-to-Earn. Connect your wallet (Best Wallet integrates smoothly) and start slapping. At the end of the game’s season, accumulated $SLAP tokens are distributed in a Slapdrop (airdrop).
The Catslap project regularly burns $SLAP tokens to keep deflationary pressure on the token’s price, an important feature for anyone wanting to make a long-term crypto play. $SLAP currently trades on a number of DEXs, and investors can purchase tokens there, on the presale website, or earn them by slapping.
Catslap combines memes and cats, the original source of all memes, for a fun project with a strong and growing community. Can the project expand from here? Never count a cat out.
4. Fartcoin ($FARTCOIN) – Terrible Name, Fantastic Meme
Despite a name only a degen could love, $FARTCOIN is up 14% for the month. That’s great – but on the year, Fartcoin is up 1,700%. That’s incredible and shows just how fast the best new meme coins can grow when conditions are right.
Fartcoin provides no real utility; it’s a meme coin, pure and simple. Despite that limitation, Fartcoin was one of the biggest winners of 2024, setting an example for other new meme coins to follow.
Could it go on another run? Don’t count it out.
5. SPX6900 – Pure Meme Coin Madness with Incredible Growth
One of the few tokens to improve on Fartcoin’s performance, SPX6900 – a meme coin spin on the S&P500 – is up a whopping 74,751% in a year.
That’s mind-blowingly impressive, the kind of big gains most meme coins dream of.
And yet, there’s always room for further growth.
SPX6900 sports a $1B+ market cap and ranks in the top 100 cryptos, demonstrating how fast – and how far – meme coins can go.
Bitcoin Gets Bigger, Tether Expands – Meme Coins Set To Explode in 2025
The biggest crypto of them all looks set to benefit from $USDT’s integration, and that bodes well for both projects.
Do your own research before investing in any of the above tokens; this is not financial advice. But with two giants of crypto coming together, meme coins stand to benefit. Will one of these projects go another 100x?
Altcoin
Canadian Asset Manager Purpose Investments To Launch World’s First XRP ETF
The Canadian asset manager Purpose Investments has submitted a proposal to launch an XRP exchange-traded fund (ETF). The company filed a preliminary prospectus with the Canadian watchdog to introduce the proposed spot ETF.
Notably, Purpose Investments made history by being the first to introduce both Bitcoin and Ether ETFs. If approved, the platform will launch the world’s first XRP ETF.
Purpose Investments To Launch XRP ETF
In a recent press release, the Canadian–based investment firm submitted a preliminary prospectus to the securities regulators to launch Purpose Ripple ETF. The fund manager which reportedly overseas over $23 billion in assets is preparing to launch the first XRP ETF globally.
Significantly, Purpose Investments founder Som Seif uncovered the platform’s vision of offering an Ripple product. Seif stated,
At Purpose, we remain steadfast in our commitment to innovation and to bridging the gap between traditional and decentralized finance. As XRP sees increasing adoption and institutional interest, we believe an ETF can offer investors a transparent and familiar way to access it within a regulated framework.
Expanding Access to Digital Assets
It is important to note that Purpose Investments focuses on merging traditional finance with the evolving decentralized finance and blockchain technology. In addition, the platform intends to make crypto benefits accessible globally.
Vlad Tasevski, the Chief Innovation Officer at Purpose Investments, stated that the company aims to make the public familiar with crypto, making them understand, access, and invest in digital assets. Tasevski added, “We remain committed to providing exposure to transformative digital assets and blockchain technologies through regulated investment vehicles.”
In a recent development, Grayscale filed a 19b-4 form with the NYSE to transform its existing XRP Trust into a publicly traded ETF. BlackRock is also expected to enter the fray, with speculation mounting that the asset management giant will soon file its own an ETF application for XRP.
Will US Regulators Approve XRP ETF?
The possibility of an XRP ETF in the United States is a long-standing question, mainly due to the ongoing Ripple-SEC lawsuit. Though Judge Analisa Torress ruled in favor of Ripple twice, an ultimate resolution in the case is still pending. Purpose Investments’ recent move has further fueled speculations of a potential XRP ETF launch in the US.
However, as Ripple Labs President Monica Long previously stated, a spot ETF could “be a reality” under the Donald Trump administration. Trump’s crypto-focused policies and Gary Gensler’s resignation have sparked optimism about the Ripple lawsuit, potentially paving the way for an Ripple ETF approval.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
New Bitcoin Meme Launchpad to Turn Altcoins From $500 to $50K
Capitalizing on Pump.fun’s unwavering success, a new Bitcoin meme launchpad dubbed Odin.fun was launched yesterday.
Pump.fun is one of the fastest-growing Web3 protocols, having attracted $100M in revenue in just seven months.
Odin.fun, however, is solely focused on casting a light on Runes tokens, which are pretty much Bitcoin-based meme coins but with technical perks.
Bitcoin diving into the estimated $91B meme coin market is a strategic move. Plus, it shows a hopeful outlook for meme coins – especially ones with utility, like $WEPE and $SOLX.
1. Wall Street Pepe ($WEPE) – Offers Exclusive Trading Insights, Captures $65M on Presale
Wall Street Pepe ($WEPE) has caught the eye of many, already capturing over $65M on presale despite one coin only costing $0.0003665.
Investors are flocking to the presale to grab a slice of $WEPE before it goes live on crypto exchanges, anticipating significant success.
Suggesting it has even brighter days ahead, $WEPE’s success mirrors $PEPU, another frog coin with a cheeky green face, which raised $70M on presale. Following CEX listings, it’s jumped 37% since yesterday.
$PEPU is the backbone of an L2 network that offers double-staking rewards. What sets $WEPE apart, however, is that it gives token holders a leg up in crypto trading by providing them with exclusive industry insights.
Considering that $WEPE has 16 more days until the presale ends, it has the time to surpass $PEPU’s success.
Making the coin all the more appealing to buy, $WEPE holders can earn token rewards by sharing their successful trading experiences, of which 15% of the token’s total supply is set aside.
2. Solaxy ($SOL) – L2 Network Designed to Address Solana’s Painpoints
Solana meme coins have been attracting significant attention, as evidenced by the market cap for Solana tokens hitting $17B.
Donald Trump launching his own Solana meme coin, $TRUMP, is attracting more eyes to the network. Despite going live less than two weeks ago, the coin that celebrates his presidential win already surpasses a $5B+ market cap.
But there’s an issue. During peak times, Solana is no stranger to congestion woes, which causes slow processing times and failed transactions.
Luckily, this is where $SOLX comes in. It’s the gateway into Solaxy, the world’s first Solana Layer-2 (L2) network designed to resolve Solana’s issues by offloading transactions to a side chain.
Solaxy’s utility has never been more important, as reflected in $SOLX having already snagged $16.5M on presale.
Investors are also drawn to buy $SOLX (currently at just $0.00162) because it can be staked at a tremendous 250% APY.
Considering its price is anticipated to rise to $0.032 by the end of this year, now’s a prime time to get involved.
3. LOFI ($LOFI) – Community Meme Coin Focused on Environmental Stability
Up by over 27% since yesterday, $LOFI is making waves in the meme coin arena over its unwavering support of environmental and social causes.
Ultimately, it brings together a strong community that cares about environmental stability through content and collaboration on Sui.
Leveraging the Sui blockchain points to a promising future for $LOFI. The network’s TVL has witnessed significant growth, doubling since October 2024 (from around $5B to $10B).
So does $LOFI’s price, which has risen by a whopping 797%+ since last year, bringing its market cap to a commendable $86M+.
The most popular crypto exchanges for buying $LOFI include MEXC, LBank, and Cetus.
4. Best Wallet ($BEST) – First Ever Crypto Wallet to Feature Presale Tokens
As crypto adoption rises (especially in the US following Trump’s new crypto-friendly regulations), so does interest in reliable digital asset storage solutions.
Best Wallet is a go-to option for crypto fanatics who want to buy, sell, and trade crypto on its user-friendly mobile app.
It’s on a mission to capture 40% of the $11B non-custodial wallet market by supporting presale projects and, soon, 70 major blockchain networks – both of which sets it apart from major competitors, even MetaMask.
$BEST holders are given unrivaled benefits in the crypto wallet, including lower transaction fees, high staking rewards, and community governance.
Better still, it costs just $0.0238 to buy $BEST and reap the benefits.
5. Pups Bitcoin ($PUP) – One of the First Bitcoin Tokens to Transition to Runes
The Bitcoin meme launchpad, Odin.fun, is already attracting notable attention to Runes coins. $PUP has jumped by over 19% since yesterday, when news about its debut broke out.
The trading volume for Runes coins has increased by 63% since yesterday, suggesting a thriving future for such coins.
$PUP was originally a BRC-20 token standard but later transitioned to a Runes standard. Casting a light on it as being one of the first of its kind to experience the switch.
It’s primarily driven and managed by its token holders, designed to spread happy vibes across the crypto sphere and promote world peace through art and community engagement.
One $PUP currently costs around $0.055. As the Bitcoin meme launchpad attracts more attention, it might continue spiking, suggesting now might be a profitable time to buy.
Bitcoin Meme Launchpad Suggests a Profitable Time for Meme Coins
As the Bitcoin meme launchpad continues to capture attention, meme coins are poised for notable growth.
Investors wanting to turn $500 to $500K might find profitable opportunities in meme coins on presale (while their prices are currently low-cap before going live).
Acquiring Runes tokens like $PUP alongside the news of Odin.fun’s launch might also have high-profit potential.
Still, it’s vital to know this isn’t investment advice. You must always DYOR before buying any type of meme coin and never invest more than you’d be sad to lose.
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