Crypto index fund Bitwise announced plans to issue a Dogecoin ($DOGE) ETF in Delaware, joining the likes of CoinShares and REX Shares. Meme coins have already been outperforming most of the crypto market sectors throughout 2024, and news about Dogecoin ETFs could keep the hype going.

Although we’re yet to see an impact on $DOGE’s price, investors have been flocking to ongoing crypto presales since late 2024, raising millions for projects like Flockerz ($FLOCK), which surpassed the $13M milestone the day before its presale ended.These upcoming token launches will further boost the meme coin market’s liquidity and trading activity in the upcoming months, with meme coins like $FLOCK expected to deliver 10x returns to early investors.