Will a Dogecoin ETF Be Next After SEC Ethereum ETF Approval?

Crypto Expert Predicts Dogecoin ETF is Next After SEC Ethereum ETF Approval

On May 23, the U.S. Securities and Exchange Commission (U.S. Securities and Exchange Commission) Approves Spot Ethereum ($ETH) ETFEarlier this year, the U.S. Securities and Exchange Commission (SEC) approved Bitcoin ($BTC) ETFs and ETPs after a long battle with cryptocurrency advocates. Expert speculation That Dogecoin ETF could be next.

Given the recent resurgence of meme stocks like GME and the continued popularity of meme cons, this would be a great opportunity Bringing the original meme token to the massesfurther democratizing crypto investing.

As the Shiba Inu-themed token continues to ride a wave of hype, the success of the Dogeverse ($DOGEVERSE) presale is inevitable. Exceed Raising $15 million, pre-sale ends on June 3This is the last chance to capitalize on the growing mainstream interest in memecoins.

The Ethereum ecosystem is booming

Crypto prices are susceptible to broader market forces, including news like the $ETH ETF approval. $ETH’s rapid weekly price increase of 22.13% shows strong investor confidence In the token and its ecosystem.

Ethereum Price Trends
source: CoinMarketCap

Other ERC-20 tokens followed suit:

The upward trend of $ETH is expected to continue.

Spot ETFs offer a familiar financial instrument to traditional investors who may have previously shied away from cryptocurrencies due to perceived risk. New capital pours into Ethereum marketpushing up the price of ERC-20 tokens.

Why $DOGEVERSE Could Be the Next Dogecoin ($DOGE)

In addition to following the Doge theme, $DOGEVERSE also stands out The first multi-chain meme coin.

It also Runs on Ethereum, Solana, BNB Chain, Avalanche, Polygon, and Base And provide seamless network interoperability. This means lower gas fees, faster transactions, and unlimited use cases.

In other words, $DOGEVERSE inherits the spirit of the original $DOGE but with added practicality.

Leading cryptocurrency education platform 99Bitcoins says $DOGEVERSE is one of the best meme coins to buy right now Due to the following factors:

  • Positive community sentiment: The presale event created a lot of excitement and raised more than $15 million. The Dogeverse X account has 215,000 followers and continues to grow.
  • A future-proof approach: The multi-chain architecture ensures that Dogeverse is not dependent on the performance or adoption of a single network.
  • High Staking APY:Early investors can stake $DOGEVERSE immediately, with a dynamic annualized rate of return of up to 51%. This means that if you buy $5,000 worth of $DOGEVERSE now and stake it for a year, you can get an additional 8,225,806 tokens.
  • Good timing: The upcoming listing of $DOGEVERSE coincides with the new Dogecoin craze and $ETH ETF approval, which may push its price higher.

The sad thing is, Dogecoin dog Kabotsu died on May 24 after 14 happy years As a meme and a cute pet. Unfortunate incident May unite the $DOGE community and further increase the value of the token.

The pre-sale will end in 9 days. Buy $DOGEVERSE below the listed price of $0.00031 Each token.

arrive Buy Dogeverse,access Pre-sale websiteconnect your crypto wallet, select your network, enter the amount of tokens you want to buy, and confirm the transaction.

Final Thoughts

The $ETH ETF approval has sparked speculation that we may soon see a $DOGE ETF. Paving the way for wider adoption of cryptocurrencies In general, and memecoins in particular.

$DOGEVERSE embodies the playful spirit of $DOGE But with real world utility. As the end of the presale approaches, we are excited to see what the future holds for the first multi-chain memecoin.

As always, we remind you DYOR, never invest more than you are prepared to loseeven if a project has strong potential.

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