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Canary Capital’s Spot PEPE ETF Filing Puts Meme Coins Back in Focus as Maxi Doge Presale Nears $6M

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Friday 10 April 2026 – Canary Capital has filed an S-1 with the US Securities and Exchange Commission for a spot PEPE ETF, a move that would bring direct PEPE exposure into traditional brokerage accounts if approved. The proposed trust would hold spot PEPE tokens and allocate a small amount of Ethereum to cover fees.

The filing lands as parts of the meme coin market show signs of selective strength rather than broad-based risk appetite. PEPE has flashed a bullish RSI divergence and saw whale accumulation of 1.23 trillion tokens on April 5, while Shiba Inu wallets have added 2.02 trillion SHIB since the start of the month, worth about $12.16 million at current prices.

Alongside that backdrop, the Maxi Doge presale is approaching $6 million, drawing interest from traders still willing to back newer meme-coin bets despite a cautious wider market.

The PEPE ETF proposal is notable less for any immediate approval odds than for what it signals: a mainstream asset manager is formally testing whether a meme coin can be packaged for conventional investors. That shifts the discussion from pure speculative trading toward market structure, access, and product eligibility.

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The trust outlined in the filing would hold actual PEPE, with shares created in standard baskets. For meme coins, that is a meaningful step toward institutional-style infrastructure, even as the broader Crypto Fear & Greed Index remains in extreme fear.

Price action has been mixed, but on-chain positioning has stayed constructive. PEPE traded roughly 6% lower in the 24 hours after the filing news, yet daily-chart momentum showed a completed bullish RSI divergence, with price making a lower low while RSI posted a higher low. That setup has already been followed by an 11% spot rebound in recent sessions, though the token remains well below recent highs.

Whale Flows in PEPE and SHIB Point to Selective Accumulation


On-chain data suggests larger holders are still positioning in the largest meme names. PEPE whales accumulated 1.23 trillion tokens on April 5, reinforcing the idea that experienced market participants are buying into weakness rather than exiting the sector altogether.

Shiba Inu is showing a similar pattern. Large wallets have increased holdings to 773.79 trillion SHIB since April 1, while the token changes hands near $0.00000602 and remains up 11% over the past 30 days. Exchange reserves have also dropped to multi-year lows, a sign that fewer tokens are sitting on venues where they can be sold immediately.

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Those flows are developing as Bitcoin consolidates near $72,000 and easing geopolitical pressure offers modest support to risk assets. In that context, meme-coin demand appears concentrated in liquid, well-established names rather than spread evenly across the category.

The broader implication is straightforward: if sentiment improves, assets such as PEPE and SHIB may be first to respond because they already have scale, liquidity, and active holder bases. The PEPE filing also raises the prospect that other meme assets could eventually be considered for similar regulated products.

Maxi Doge Draws Fresh Capital as Presale Closes In on $6 Million


While PEPE and SHIB dominate the high-liquidity end of the sector, newer projects are still attracting capital. Maxi Doge, an Ethereum-based meme token built around degen branding, is nearing the $6 million mark in its presale.

That pace stands out in a market where early-stage meme launches have often struggled to maintain attention. Maxi Doge has centered its pitch on community momentum and simple meme-driven positioning rather than an extensive early utility narrative, a strategy that has historically helped projects build recognition quickly across crypto social channels.

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Maxi Doge is not competing with PEPE or SHIB on scale. Instead, it is being framed as a higher-risk entry for traders looking for earlier-stage exposure if capital rotates further down the meme-coin curve. Its Ethereum base gives it immediate compatibility with major wallets and decentralized exchanges, while the presale’s progress suggests there is still demand for new meme narratives when branding resonates.

If the PEPE ETF filing gains traction or prompts copycat applications, the strongest spillover would likely start with large-cap meme coins before reaching smaller names. But that kind of sector-wide attention can also benefit projects like Maxi Doge, particularly if they already have active communities and funded presales heading into listing.

Maxi Doge Presale Terms, Staking and Access


Anyone can join the Maxi Doge Token presale through WalletConnect or directly via Best Wallet. Buyers can use ETH, BNB, USDT, or USDC, or pay with a bank card. Best Wallet is available on Google Play and the Apple App Store.

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MAXI tokens purchased in presale can also be staked immediately in Maxi Doge’s native protocol, earning a dynamic 66% APY.

The current presale price is $0.00028120, and the project states the price will rise within the next 48 hours.

The team also says the code has been audited by Coinsult and SOLIDProof.

Community channels are available on X and Telegram.

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Visit Maxi Doge.

The post Canary Capital’s Spot PEPE ETF Filing Puts Meme Coins Back in Focus as Maxi Doge Presale Nears $6M appeared first on Cryptonews.

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Crypto World

Inflation Cools, Bitcoin Rises but Interest Rate Cut Odds Still at Zero

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Federal Reserve, Bitcoin Price, United States, Inflation, Interest Rate

The United States Bureau of Labor Statistics (BLS) published the Consumer Price Index (CPI) data for March, showing a 0.9% month-over-month rise in headline CPI inflation.

CPI inflation is up 3.3% year-over-year, according to the BLS report published Friday. Although inflation came in slightly lower than analyst expectations, inflation remains elevated above the Federal Reserve’s 2% target.

A surge in energy prices from the Iran war drove March’s inflation figures, with the energy index rising by nearly 11%, led by a 21.2% rise in gasoline prices, the BLS report said.

Federal Reserve, Bitcoin Price, United States, Inflation, Interest Rate
12-month CPI percentage changes, broken down by category. Source: BLS

Managing inflation is part of the Federal Reserve’s dual mandate of price stability and maximum employment, which influences its decision-making on interest rates and broader monetary policy.

Bitcoin (BTC) and cryptocurrency prices are significantly impacted by interest rate policy, with lower interest rates stimulating asset prices by expanding credit that flows into financial markets and higher rates restricting capital flows and asset prices.

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Related: Bitcoin steadies after PCE inflation data, $80K target remains

Traders see no chance of interest rate cuts at April Fed meeting

Investors forecast a 0% chance of an interest rate cut at the April Federal Open Market Committee (FOMC) meeting, according to CME Group’s FedWatch tool.

The odds that the FOMC will keep rates on hold are 98.4%. Rate cut odds increase only incrementally throughout the year.

Federal Reserve, Bitcoin Price, United States, Inflation, Interest Rate
Interest rate target probabilities for the April FOMC meeting. Source: CME Group

FOMC members are divided on further rate cuts in 2026, due to inflationary pressures from the ongoing war, and rate hikes have not been ruled out.

Bitcoin rises on latest CPI print

The price of Bitcoin (BTC) rose by over 1.5% on Friday, briefly tapping the $73,000 level following the latest CPI print. 

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“The $73,000–$75,000 zone is our next major target,” said Matt Mena, senior crypto research strategist at crypto exchange-traded product provider 21shares.

“If BTC clears this, expect a brief period of sideways consolidation before a test of $80,000. Should the Clarity Act pass, the stage is set for $100,000 BTC and a $3 trillion–$3.2 trillion total crypto market cap by the end of Q2,” he added.

Magazine: Big Questions: Can Bitcoin save you from the dreaded Cantillon Effect?