
As it happened, Maxi Doge ($MAXI), $DOGE’s estranged cousin, continued to pump in its ongoing token presale, drawing in degens on the hunt for the best meme coins.
$DOJE ETF Generates Tons of Buzz on Its Trading Debut
It’s been an eventful first day for the first US Dogecoin ETF, as $DOJE garnered a lot of attention from the market.
Bloomberg Senior ETF Analyst Eric Balchunas reported that $DOJE posted over $5.8M in volume in just its first hour of trading. This is significantly higher than typical ETFs that trade below $1M on their first day.
Balchunas added that the fact that it’s a 40 Act and not a 33 Act ETF could limit interest in $DOJE.
The reason is that 40 Act ETFs are more restrictive than their 30 Act counterparts. For example, 40 Act ETFs only offer indirect exposure to $DOGE and are subject to stricter rules around things like investor protection, daily liquidity, and governance.
As such, 40 Act ETFs are less suited to traders who like direct exposure to the asset and take on more risk in the hopes of getting higher rewards.
In this case, holding $DOGE directly would be one of the better options at the moment, at least until an Act 30 Dogecoin ETF is approved.
But if you’re in the market for an alternative asset that could offer a higher growth potential, then $DOGE’s cousin might be more to your liking. Maxi Doge ($MAXI) is a related meme token currently riding the hype wave.
Maxi Doge ($MAXI): The Biggest and Baddest Alpha Doge is Here
On the surface, Maxi Doge ($MAXI) looks like your typical Doge-themed coin. But unlike his distant cousin $DOGE that’s friendly, loves to smile, and is all about feeling good, $MAXI likes taking everything several notches higher.
For him, it’s all about maximum gains in whatever he does, whether it’s building muscle or pursuing crypto domination — except for sleep, perhaps.
Maxi would rather spend his waking hours lifting, trading, and making caffeine flow through his system. When he does sleep, Maxi does so in a sauna with his MetaMask open and pre-workout in hand.
But Maxi is not alone in his quest.
Ever since launching his $MAXI token presale, he’s drawn in a lot of fellow degens who share his perpetually bullish mindset. To date, Maxi Doge has raised $2.3M+ from early backers, with whale buys as high as $37K starting in August.
True to his maximum gains mindset, Maxi has created 150.24B $MAXI tokens and set aside 40% of the supply for marketing. This should attract even more investors as the presale continues.
Each $MAXI token only costs $0.000258 for now (with the next price increase just over 30 hours away).
That’s a small investment considering its potential to pump once it becomes available on Uniswap and top CEXs after the presale. With available payment options including fiat, $ETH, $BNB, and stablecoins on Ethereum and BSC, joining is easy and requires no top-up. Check our guide on how to buy Maxi Doge for more details.
Of course, you can also lock your $MAXI tokens in the staking pool. Rewards are at a whopping 141% p.a., but this can still change as more degens join the Maxi Doge army.
Holding $MAXI isn’t just for investing, though. Being a holder also makes you part of a growing degen army, where people come together to share trading tips and compete for prizes in futures and other derivatives trading contests (coming after listing).