
Disclaimer: This article is a press release and Newsbit is not responsible for the content, accuracy or completeness of the information provided. This article does not form financial advice. Investing in crypto currency or presales entails significant risks, including the risk of losing your full contribution. Always do your own research before you make investment decisions.
Even asset manager 21Shares has submitted an S-1 registration to request a spot Doge Exchange-Traded Fund from the American Securities of Exchange Commission, better known as the SEC. Thanks to this development, the DOG course has risen sharply. Is this the start of a rebound?
In the last 24 hours, Dogecoin has risen by around 8%. This happened after the 21Shares SEC request. Many investors are very optimistic and hope that this trend will continue.
Third request
21Shares is currently the third asset manager who has submitted a Dogecoin ETF application. Grayscale and Bitwise preceded them. The next step for 21Shares will be to submit the 19B-4 form via an exchange. This is what the process for a possible commitment will put into effect at the SEC.
This application from 21Shares came on the same day as the ETP Launch of 21Shares on the Six Swiss Exchange. This was in a collaboration with House of Doge. Provided it approves the SEC, they will again enter into a partnership.
Bullish future for doge?
After the token first dropped to $ 0.14, the token has now risen again to $ 0.1559. This promises a lot of good for the doge investors. Thanks to the initiatives of 21Shares, Dogecoin managed to recover quickly, and this points to an optimistic view and a growing interest in the coin.
In the midst of this SEC application for Dogecoin, there are a number of other factors that play a role. For example, President Trump announced that there would be a stop on Reciprocal Tariffs. Many coins and tokens experienced a rebound after this.
At the moment it is not yet clear whether this is actually a bullish reversal or just a bear staircase. Yet the investors remain hopeful. What plays a role in this is that sheet analysts are also positive. According to various analysts, the future looks bullish. For example, Master Kenobi states on X that the soil has been reached, and that the token will now only rise.
Alternatives to Doge
In addition to Doge, there are many more altcoins on the market that have a lot of potential. Both meme coins and AI-coins are currently attracting attention. For the sake of convenience, we have listed a number of tokens for you. You can read more below.
SUEXY: SOLANA L2 TOKEN
The very first Solana L2 token is here: Solaxy. This token combines the old trusted of Solana with new and improved features. For example, at Solaxy you will no longer be bothered by broken down and failed transactions. Solaxy also comes with reduced network congestion and increased scalability. All this, with the safety and reliability of Solana, comes together in a coin that bursts with potential.
The tokenomics of this process are as follows: the stock is 138,046,000,000 tokens. 30% of this goes to the development of the project. Then 20% go to the Treasury and 25% to the rewards. Finally, there is 15% for marketing and the listings 10%.
Take a look at the presale
Bitcoin Bull: De meme coin van Bitcoin
Bitcoin Bull has become extremely popular within a few months. This new meme coin is inspired by Bitcoin course and will serve as a sort of booster for this. When Bitcoin rises, Bitcoin Bull will follow. Together they lift each other into new heights. At Bitcoin Bull you also get $ BTC AirDrops for free every time Bitcoin reaches a new milestone in value. The more $ btcbull tokens you have, the higher your reward is.
Bitcoin Bull has a token stock of 21 billion tokens. By far the majority of this goes to PR and marketing. This part is 40%. For the Bull Fund, this focuses on the development of the project, and the Burn Fund there is each 15%. Finally, there is 10% for both the distribution strike and the Exchange liquidity and the $ BTCBull AirDrops.
Take a look at the presale
Subbd: The token with AI platform for Content Creators
Subbd is a brand new token that has already gone in the presale. This project focuses on content creators and their fan base. With the advanced AI technology, the creators will no longer have to deal with annoying administrative tasks. The creators also get help with editing and streamlining their content. This way the creators have much more time to generate even more content. There are of course also advantages for the other users. They receive voting rights to decide on which side the project is going. In addition, they also get access to exclusive content from all their favorite creators
The tokenomics of this project are as follows: The project has a token stock of 1 billion tokens. These are spread over a number of categories. The majority of the tokens goes to marketing. This is a part of 30%. There is 20%for project development. The rewards also thought, because the community rewards get 7%. For the strike rewards and the creator rewards there is a slightly smaller part, because both get 5%.
Take a look at the presale
Invest in one of these three tokens?
To invest in one of these projects you first need a wallet. Often there are partnerships, in that case you could choose the wallet that is recommended on the site. No worries if you have another wallet, in most cases other wallets will also be compatible.
If you have your wallet, you must connect it on the site via the prompt. You can buy your tokens with both crypto and credit card. In some cases you can pay with iDeal, although this usually has to be done with a small detour. Whatever payment method you use, make sure that you have the funds to also cover the transaction costs. Once the purchase is complete, you can stop your tokens. Depending on the project, the tokens will be released after the presale or the TGE.
Disclaimer: This article is a press release and Newsbit is not responsible for the content, accuracy or completeness of the information provided. This article does not form financial advice. Investing in crypto currency or presales entails significant risks, including the risk of losing your full contribution. Always do your own research before you make investment decisions.
Source: https://newsbit.nl/21shares-vraagt-spot-dogecoin-etf-aan-bij-de-amerikaanse-sec-gaat-doge-stijgen-2/