Meme coin enthusiasts are eagerly waiting for the official debut of a new Dogecoin (DOGE) ETF on September 18. The REX-Osprey Spot Dogecoin ETF (DOJE) is expected to go live on Thursday, allowing traditional US investors to gain exposure to a meme coin for the first time.
This bullish news comes on the heels of improving risk-on sentiment toward altcoins, with CoinMarketCap’s altseason index jumping nearly 15% over the past week to reach 71. But as an altseason begins in earnest, Dogecoin is facing competition from newer meme coins. For comparison, DOGE is currently up 11% during the last week, while MemeCore (M) surged by 25% during the same time.
Experienced investors are now loading up on presale meme coins that could return even higher profits after their public listing. One project that stands out is Maxi Doge (MAXI), a trending new meme coin with quirky branding that features a “bodybuilder” version of the viral Shiba Inu dog.
Crypto degens and investors have already contributed more than $2.2 million ahead of the MAXI token’s highly anticipated exchange debut. Early supporters have a limited time to buy MAXI for $0.0002575 before this price increases in the next presale round.
Dogecoin ETF Set to Debut This Week
The anticipation surrounding the launch of the new Dogecoin ETF has kept investors on the edge of their seats. The ETF was initially slated to hit the market on September 12. However, due to regulatory and administrative reasons, it was delayed until this week.
ETF analyst Eric Balchunas at Bloomberg reports that two new crypto ETFs are set to go live this week. The DOJE ETF, scheduled to launch on Thursday, will be joined by a spot XRP ETF (XRPR), which was approved as part of the same filing.
At the same time, Dogecoin’s prominence and growing utility are now encouraging corporations to allocate a part of their treasuries to DOGE. The US-listed firm CleanCore Solutions has announced the purchase of 100 million Dogecoin, bringing its total holdings to about 600 million DOGE.
Having said that, it’s also important to note that multiple whales have started cashing out their DOGE positions after the meme coin failed to flip the $0.3 level from resistance into support over the weekend.
The market analyst Ali Martinez recently noted that meme coin whales have offloaded more than 680 million DOGE over the past four days alone.
With an altcoin season already brewing, investors are now looking for low-cap meme coins that could produce explosive returns during the next bull run. A growing number of smart money investors are now backing Maxi Doge as it prepares for its exchange listing.
Whales Bet Big on New Dogecoin Play as MAXI Token Presale Surges Past $2 Million
A spike in whale activity, alongside growing support from retail investors, has helped Maxi Doge (MAXI) raise more than $2.2 million in its presale.
One of the main narratives that resonates with early supporters is Maxi Doge’s “redemption arc” story. The project’s lore revolves around overcoming past failures to become a dominant force in the meme coin space, reflecting the experience of numerous meme coin enthusiasts.
In design, it features a “gym bro” version of the original Dogecoin mascot that never skips the gym or misses an opportunity to enter a high-potential trade, aiming to become Shiba Inu’s final evolution.
In addition to its resonating story, the meme coin offers more utility than most animal-themed coins. Maxi Doge will reserve 25% of its token supply for the MAXI Fund, which will be exclusively used for creating new partnerships and organizing contests for token holders.
Maxi Doge also wants to enable its token holders to trade MAXI with up to 1000x leverage. To make this a reality, the team is actively seeking partner opportunities with futures trading platforms.
Looking at the meme coin’s branding and utility, the Web3 commentator Chino from Crypto Tech Gaming highlights the MAXI presale’s recent $2 million milestone achievement. He believes that future exchange listings could translate into massive returns for early buyers.
The analyst also notes the increasing community support for Maxi Doge, stating that the influx of newcomers positions it as one of the top meme coins to watch in 2025.
Buyers can visit Maxi Doge’s official website to buy MAXI while it’s still in presale. They can immediately stake their holdings for a passive annual yield of up to 144%.
