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As meme coins gain popularity, crypto experts predict a #Dogecoin ETF Dogecoin may establish an Exchange-Traded Fund (ETF) shortly, according to two major crypto industry specialists. Crypto Leaders Announce Dogecoin ETF In a recent Coin Bureau YouTube podcast, BitMEX co-founder Arthur Hayes and Real Vision CEO and co-founder Raoul Pal discussed the possibilities for a Dogecoin ETF as joke currencies gain popularity. Hayes said Dogecoin might obtain an ETF before the end of the cycle when asked about his meme currency portfolio. He predicted Dogecoin's rise throughout the years, citing its position as the oldest meme currency in the crypto market, giving it an advantage over other meme-based cryptocurrencies. Hayes also mentioned Dogecoin's $19.7 billion market worth. CoinMarketCap ranks the meme coin as the biggest meme-based cryptocurrency by market capitalization. Dogecoin has also had a major cultural influence on crypto and investing. Pal shared Hayes' forecast of a Dogecoin ETF by market close. After discussing a Dogecoin ETF with VanEck CEO Jan van Eck, an investment management business and Spot Bitcoin ETFs supplier, he strongly supported it. When asked whether a Dogecoin ETF may boost Spot Ethereum ETF demand, the Real Vision CEO noted that Dogecoin has outperformed Bitcoin in every bull cycle, solidifying its standing as a crypto powerhouse. He also said he has been working behind the scenes to get VanEck's CEO to establish a Dogecoin ETF. Meme currencies are gaining popularity in crypto, therefore many are betting on the next big smash. Hayes and Pal discussed which meme currencies they think would have the greatest crypto market narratives in the interview. Pal said he invested in Dogecoin but was 90% long on Solana. Hayes, however, displayed a more diverse meme currency portfolio, including Bonk (BONK), Dogwifhat (WIF), and Dogecoin. His 2024 investing strategy: “Be long, don’t sell, don’t get shook, and don’t use too much leverage.”$doge
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Note the circulating cryptocurrency predictions for 2024, including $SHIB, $PEPE, $XRP, $LUNC, and $DOGE : - $SHIB : It will probably reach $0.3. - $PEPE : We aim for $1. - $XRP: It is predicted to reach $20. - $LUNC: Potential $7 target. - $DOGE: It is estimated to reach $2. For newcomers, thorough research is crucial due to the volatile nature of crypto markets. Have you encountered similar predictions? Invest wisely and stay informed!
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55th Launchpool Project Introduced on Binance Exchange Binance has transferred a new pre-sale program to its users. Accordingly, the 55th Launchpool project IO.NET (IO), a decentralized artificial intelligence and cloud computing platform, was introduced. Users can stake BNB and FDUSD to collect IO tokens before trading begins on June 11. Binance has come out with an exciting announcement announcing its 55th project on Binance Launchpool, a decentralized AI computing and cloud platform called IO.NET (IO). IO.NET (IO) is preparing to take important steps in the artificial intelligence and cloud computing sectors by offering an innovative platform and decentralized solutions that increase efficiency and accessibility. Binance will be the first platform to list the IO token starting on June 11. This launch not only marks an important milestone for IO.NET. It also highlights Binance's commitment to supporting groundbreaking projects in the cryptocurrency space. Launchpool details for Binance users have also been announced. They will have the opportunity to split their #BNB and #FDUSD into separate pools to collect IO tokens over a four-day period starting June 7. The website is expected to be updated within five hours of this announcement, providing detailed instructions and timelines for the start of mining operations. The initial supply of total IO.NET (IO) is set at 500,000,000 tokens. The maximum supply is capped at 800,000,000 coins. Of this, 95,000,000 IO tokens (19% of the initial total supply) will be in circulation initially. The total volume available for mining is 20,000,000 IO tokens, representing 4% of the initial total supply. Personal hourly mining limits are set at 17,708.33 IO for the #BNB mining pool and 3,125 IO for the #FDUSD mining pool. The distribution of tokens between pools is also stated, with the #BNB pool able to mine a total of 17,000,000 IO (85%) and the FDUSD pool 3,000,000 IO (15%).#Binance55thProject(IO) #BTC #Write2Earn!
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Can I Still Purchase Floki? FLOKI Achieves First-Ever Record High🚀🚀🚀 At noon UTC yesterday, the meme currency Floki ($FLOKI), named after Elon Musk's Shiba Inu, reached a new ATH of $0.0003449. The fact that Floki is the most popular meme currency on Binance Smart Chain ($BNB) was widely mentioned yesterday throughout crypto social media and the blogosphere, which greatly contributed to the token's climb. As of this writing, it is trading at $0.0003128, a decrease of 9.3% from its all-time high and 4.2% from its price one day ago. The revelation of Floki's trading bot, which is built on Telegram and is now in limited beta testing, has piqued the interest of many investors. There is a one percent fee associated with each transaction processed by the Floki bot, which uses the native utility token $FLOKI. The treasury will get half of the fee-based income, and half will be used to purchase back and burn $FLOKI tokens. With the public launch set for "in a few weeks time," the new Floki bot will be available to the 480,000 holders of $FLOKI. Floki was introduced in 2021 and was named after Elon Musk's Shiba Inu, the pet of Tesla CEO. Binance Smart Chain and Ethereum ($ETH) are both compatible with it. The diagonal green line on Floki's trading chart shows that support has been increasing from $0.0001 to $0.0002 over the last three months. The coin has been steadily increasing in value since May's conclusion, breaking over the $0.00023 level of resistance and seemingly maintaining its new highs. With Floki's price action in line with its 30-day moving average and a relative strength index of 53, it's unlikely that the token will see a major drop very soon. This bodes well for its ability to maintain and perhaps surpass its current gains.$FLOKI #StartInvestingInCrypto #altcoins
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New Altcoin Initiative from Franklin Templeton, whose Bitcoin and Ethereum ETF has been Approved! Named after founder Benjamin Franklin, 77-year-old trillion-dollar asset manager Franklin Templeton plans to launch a new crypto fund that will invest in other cryptocurrencies beyond Bitcoin and Ethereum. According to The Informationastion, people with direct knowledge of the matter said the company is exploring launching a new crypto fund that would invest in a number of altcoins beyond Bitcoin and Ethereum. While some traditional asset managers such as BlackRock and Fidelity have launched spot Bitcoin ETFs and are planning an #Ethereum ETF going forward, Franklin Templeton will take an unconventional approach in offering access to other altcoins in addition to #BTC and #ETH , sources said. . Sources said the new fund will be structured as a private fund that appeals to institutional investors.#altcoins #Write2Earn! $BTC $ETH
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