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Dogecoin ($DOGE) is experiencing an exciting September. The largest meme currency globally has surged an impressive 32% this month up to now.
Many anticipate this is merely a preview, as DOGE is merely displaying what’s forthcoming before a potential full-blown altcoin period.
Dogecoin’s ongoing surge stems from a significant technical breakthrough. The token climbed over a declining triangle pattern on September 7, and since that moment, it has executed a significant upward movement.
Curiously, $DOGE is experiencing a surge despite a postponement in the introduction of a DOGE ETF.
As per a September 8 filing with the US Securities and Exchange Commission (SEC), the Rex-Osprey DOGE ETF (DOJE) was anticipated to be listed on Friday.
Nevertheless, it has now been delayed to next week, according to Bloomberg’s senior ETF analyst Eric Balchunas.
Continue reading as we analyze Dogecoin’s possibilities, the elements driving it forward, and how you can capitalize on this forthcoming surge by purchasing Maxi Doge ($MAXI) – a Dogecoin-themed meme coin presently in presale.
ETF Anticipations & Institutional Acquisitions Boosting DOGE
The rollout of the Rex-Osprey DOGE ETF might have been delayed, but it remains authorized and is expected to enter the markets shortly.
For those unfamiliar, a DOGE ETF would primarily enhance the demand for the token – as it would encourage retail involvement by providing effortless access via conventional brokerage platforms.
That being said, Balchunas indicated that the impact of DOGE ETFs (he predicts 4-5 will debut in October or November) won’t be as profound as, for example, Bitcoin ETFs.
This is because, with Bitcoin, many retail investors were unable to engage with crypto directly.
However, that figure is considerably lower for DOGE. Balchunas believes that individuals interested in DOGE, which is somewhat more niche than Bitcoin, likely already possess crypto wallets.
Irrespective of the extent of the impact, the key point remains that DOGE ETFs will undoubtedly be beneficial for the token.
Moreover, institutional investors have been accumulating DOGE at an unprecedented speed.
All things considered, the world’s premier meme coin is poised to generate astonishing returns in the upcoming months.
Looking to make the most of it? Think about investing in a low-cap Doge-themed meme coin like Maxi Doge ($MAXI).
Comprehending Maxi Doge’s Distinctive Allure
What is Maxi Doge? On the surface, it’s just another dog-themed meme coin aspiring to become the next significant breakout success.
However, that’s an oversimplification. Envision Maxi as a more enhanced, aggressive, and determined variant of the original Dogecoin, which happens to be Maxi’s relative.
During its childhood, Doge captured all attention, leaving Maxi feeling isolated, despondent, and questioning its purpose.
Nonetheless, unlike other meme coins that concede to Dogecoin’s ‘grandeur,’ Maxi chose to contest it.
Maxi bulked up, engaged in intense training, consumed protein shakes, and devoted countless hours analyzing the charts to become the ultimate Doge challenger.
Due to this unhinged mindset, crypto enthusiasts have flocked to Maxi Doge’s presale, which has already amassed an astonishing $2.1M.
Currently, each token is priced at just $0.000257, and here’s our comprehensive guide on how to acquire $MAXI.
$MAXI’s Strategy to Surpass Dogecoin
Probably the sole avenue Maxi Doge has to dethrone Dogecoin as the top meme coin on the globe is to become wildly viral.
To achieve this, Maxi’s developers have earmarked a staggering 40% of the total token supply for marketing initiatives.
This will encompass collaborations with influencers, public relations campaigns, and social media promotions, along with holder-exclusive events such as weekly trading competitions and leaderboard rewards.
Beyond mere virality, $MAXI also aims to offer degen meme coin traders the optimal chance to secure eight-figure returns.
How? By aspiring for a futures listing. This move would enable $MAXI traders to assume significant leveraged positions, thereby amplifying their buying capacity and, consequently, potential gains.
Purchase $MAXI While It’s Still in Presale
It’s vital to grasp why you shouldn’t postpone your Maxi Doge acquisition.
You see, meme coins such as Dogecoin and Maxi Doge experience significant fluctuations rather than the slow, steady growth typical of traditional…
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instruments, like equities and commodities.
That’s the reason why participating is vital. Waiting for $MAXI to be introduced on exchanges might result in missing out on thousands of percentage points of profits.
As stated previously, the initiative is presently in presale, which is the reason it’s offered at an exceptionally low rate of $0.000257 per token.
Disclaimer: None of the preceding represents financial guidance. Cryptocurrency is highly volatile, and you should only invest after conducting your own research.
Written by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/etf-hype-institutional-buying-fuel-doge-rally-how-maxi-doge-ride-wave
Editorial Procedure for bitcoinist is focused on providing thoroughly researched, precise, and impartial content. We maintain rigorous sourcing criteria, and each page is meticulously reviewed by our team of leading technology specialists and experienced editors. This procedure guarantees the integrity, relevance, and value of our content for our audience.
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