If you thought meme coins were just funny internet money, what better proof of their legitimacy than reputable investment firms now looking to launch exchange-traded funds (ETFs) based on them?
It’s worth noting that this is the third ETF filing for $TRUMP, and the first under the Securities Act of 1933.
The other two filings came under the Investment Company Act of 1940, by Tuttle Capital and REX Shares-Osprey Funds. However, the SEC is yet to approve any of them.
Read on as we unpack the effect this could have on the broader meme coin market, which will now undoubtedly attract even more attention from big-money players.
If you’ve been in the meme coin markets for even just a few months, you’ll definitely remember $TRUMP.
Launched on January 18 this year, $TRUMP is Donald Trump’s official cryptocurrency, giving crypto enthusiasts an unofficial way to showcase their support (or disapproval – as we’ve seen with the tariff wars) for the current U.S. President.
Although the token is still trading below key moving averages (50 EMA and 200 EMA), the RSI holds steady at 42, suggesting a potential buying zone.
Why? Because current rules require an asset to be listed on the futures market for at least six months before ETF approval – and $TRUMP doesn’t yet meet that criteria.
Plus, unlike ETFs tied to assets such as Bitcoin, Ethereum, or Solana, $TRUMP is a pure meme coin driven almost entirely by the President’s popularity, so the SEC may view it as a risky bet.
Still, the broader crypto market has thrived under Trump, thanks to his pro-crypto regulations and reserve policies.
And as his popularity grows alongside the crypto markets, it’s the $TRUMP token that stands to benefit most.
Growing up, Dogecoin hogged all the spotlight, while $MAXI sat sulking in the corner. Not anymore.
Maxi hit the gym, lifted heavy, downed protein shakes and caffeine, and is back as Doge’s ultimate nightmare. With big green candle energy, $MAXI brings pure degen hype to the crypto markets.
It’s made for those who roll their eyes at Doge’s ‘cutesy’ persona – because let’s face it: life-changing gains don’t come from being meek, but from ‘never missing leg day, never missing a pump.’
The project has reserved a massive 40% of its total token supply for marketing, including paid ads, social media collabs, weekly contests, and leaderboard prizes.
This aggressive push will not only build a loyal investor community rallying behind $MAXI, but also spread its quirky gym-bro humor across the entire crypto landscape.
Currently in presale, Maxi Doge has already pulled in over $1.6M from early investors, with each token priced at just $0.000254.
The bot’s lightning-fast sniping capabilities are a game-changer. Until now, most liquidity in hot meme coins was scooped up by whales using complex algorithms.
But with Snorter Bot, you can place buy/sell limit and stop orders directly inside Telegram. The result? As soon as liquidity opens up, your transaction is executed.
This puts you on equal footing with large players armed with sophisticated trading tools.
On top of that, Snorter offers a clean, one-snapshot dashboard that lets you view all your crypto holdings in one place. No need to juggle multiple apps.
As the meme coin mania grows, the demand for a unified solution that not only manages portfolios but also positions traders to catch those initial liquidity pumps is sky-high. That’s exactly what Snorter delivers.
The $SNORT presale is live right now, with already over $3.4M in its early funding kitty. Each token is currently available for just $0.1025.
The biggest argument for its massive upside potential lies in its price chart. $BAN is now tantalizingly close to breaking out of a descending triangle pattern.
With EMAs pointing upward and momentum on its side (it’s up nearly 20% in the past week), $BAN looks set to surge past this resistance, potentially charging toward new all-time highs.
But what is Comedian, really? It’s a sarcastic take on a super-controversial artwork – the infamous piece featuring a banana taped to a wall.
No matter which side of the ‘is modern art profound or just plain dumb?’ debate you’re on, one thing’s for certain: the controversy fuels hype, and that traction is exactly what helps $BAN thrive.
A fresh ETF application for a mainstream meme coin like $TRUMP could be just the spark needed to ignite the already-brewing meme coin boom.
That said, please keep in mind that investments in crypto are highly risky. None of the above is financial advice either, and you must always do your own research before investing.