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Crypto asset manager Bitwise has taken the necessary steps by filing an S-1 document with the Securities and Exchange Commission. They want to launch an exchange-traded fund for Dogecoin (DOGE). This development comes along with similar filings from Rex Shares and Osprey Funds.
If the Dogecoin ETF gains approval, the effect on Dogecoin and FLOKI could be massive. Experts are predicting a 27,000% surge in value for the memecoins. However, another crypto project, IntelMarkets, is another great investment. Currently, in stage 9 of its public presale, it has already raised more than $9 million.
Currently, Dogecoin (DOGE) is trading at around $0.26, marking a -2.30% price decline over the past seven days. This puts DOGE behind the global crypto market, which has grown by 0.70%. Also, it is performing lower than Smart Contract Platform cryptocurrencies, which have declined by only -0.20%.
However, the potential approval of a Dogecoin ETF could help increase DOGE's price. With a regulated ETF structure, institutional investors would have an easier way to gain exposure to Dogecoin. If this happens, experts predict a new all-time high.
The Dogecoin ETF could be successful because of changing regulations. Under President Donald Trump, there have been more crypto-friendly policies. Trump has even launched his own memecoins, TRUMP and MELANIA.
DOGE has reduced its price in the past week, but FLOKI has performed very well. The memecoin gained 5.30% in the last seven days. This puts FLOKI ahead of the global crypto market, which currently has a 0.70% increase. Still, the memecoin is behind Ethereum Ecosystem cryptocurrencies, which are up 13%.
According to price predictions, FLOKI could increase by 228% to $0.00029. FLOKI's current sentiment is bearish, with a Fear & Greed Index score of 44. In the last 30 days, FLOKI recorded 37% green days and showed 19% price volatility.
As DOGE and FLOKI prepare for a potential price Increase, IntelMarkets is offering investors new investment opportunities. IntelMarkets is an AI-powered automated trading platform that uses real-time blockchain data analysis to make trading better.
Currently, IntelMarkets is in its public presale stage. According to experts, this is an opportunity for early investors to get in before the official launch. The platform's KYC verification by Codeum ensures transparency and security.
IntelMarkets presale details make it very attractive to investors as the price rises during the different presale stages. It is currently in stage 9 and is priced at $0.082 per token. From the next round, the price moves to $0.092. At the moment, it has raised more than $9.1 million. Also, over 36 million tokens have been sold and there are over 48 million remaining.
IntelMarkets is changing the crypto trading industry with its features. Some of them include autonomous trading robots to maximize profitability. Also, there's Quantum X Wallet, a quantum-proof custody solution.
It features Route X21, which is a security protocol that protects against quantum computing threats. Finally, there's the INTL Token, powering the IntelMarkets ecosystem with staking, governance, and trading discounts
The approval of a Dogecoin ETF could lead to a massive price increase for DOGE and FLOKI. It will help attract institutional investors who want to diversify their portfolios. DOGE's ETF filing under the 33 Act shows stricter compliance measures, and there is an increasing likelihood of approval.
With DOGE down -2% in the last week and FLOKI up 5%, the market dynamics are shifting in favor of memecoins. If the Dogecoin ETF gets the green light, both DOGE and FLOKI could experience unprecedented growth, potentially reaching 27,000% gains.
At the same time, new investment opportunities are coming up. Instead of relying only on memecoins like DOGE and FLOKI, traders can spread their funds into public presales like IntelMarkets. According to experts, buying at the current presale price of $0.082 per token is a great investment.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
