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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 transfer that may convey direct PEPE publicity into conventional brokerage accounts if authorised. The proposed belief would maintain spot PEPE tokens and allocate a small quantity of Ethereum to cowl charges.

The submitting lands as components of the meme coin market present indicators of selective power somewhat than broad-based threat urge for food. PEPE has flashed a bullish RSI divergence and noticed whale accumulation of 1.23 trillion tokens on April 5, whereas Shiba Inu wallets have added 2.02 trillion SHIB for the reason that begin of the month, value about $12.16 million at present costs.

Alongside that backdrop, the Maxi Doge presale is approaching $6 million, drawing curiosity from merchants nonetheless keen to again newer meme-coin bets regardless of a cautious wider market.

The PEPE ETF proposal is notable much less for any fast approval odds than for what it indicators: a mainstream asset supervisor is formally testing whether or not a meme coin will be packaged for typical traders. That shifts the dialogue from pure speculative buying and selling towards market construction, entry, and product eligibility.

The belief outlined in the submitting would maintain precise PEPE, with shares created in normal baskets. For meme cash, that may be a significant step towards institutional-style infrastructure, even as the broader Crypto Fear & Greed Index stays in excessive worry.

Price motion has been blended, however on-chain positioning has stayed constructive. PEPE traded roughly 6% decrease in the 24 hours after the submitting information, but daily-chart momentum confirmed a accomplished bullish RSI divergence, with value making a decrease low whereas RSI posted a better low. That setup has already been adopted by an 11% spot rebound in current periods, although the token stays properly beneath current highs.

Whale Flows in PEPE and SHIB Point to Selective Accumulation


On-chain information suggests bigger holders are nonetheless positioning in the most important meme names. PEPE whales accrued 1.23 trillion tokens on April 5, reinforcing the concept skilled market individuals are shopping for into weak point somewhat than exiting the sector altogether.

Shiba Inu is exhibiting the same sample. Large wallets have elevated holdings to 773.79 trillion SHIB since April 1, whereas the token adjustments arms close to $0.00000602 and stays up 11% over the previous 30 days. Exchange reserves have additionally dropped to multi-year lows, an indication that fewer tokens are sitting on venues the place they are often offered instantly.

Those flows are growing as Bitcoin consolidates close to $72,000 and easing geopolitical strain affords modest assist to threat property. In that context, meme-coin demand seems concentrated in liquid, well-established names somewhat than unfold evenly throughout the class.

The broader implication is easy: if sentiment improves, property such as PEPE and SHIB could also be first to reply as a result of they have already got scale, liquidity, and lively holder bases. The PEPE submitting additionally raises the prospect that different meme property may finally be thought-about for related regulated merchandise.

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


While PEPE and SHIB dominate the high-liquidity finish of the sector, newer initiatives are nonetheless attracting capital. Maxi Doge, an Ethereum-based meme token constructed round degen branding, is nearing the $6 million mark in its presale.

That tempo stands out in a market the place early-stage meme launches have typically struggled to keep up consideration. Maxi Doge has centered its pitch on neighborhood momentum and easy meme-driven positioning somewhat than an intensive early utility narrative, a method that has traditionally helped initiatives construct recognition rapidly throughout crypto social channels.

Maxi Doge just isn’t competing with PEPE or SHIB on scale. Instead, it’s being framed as a higher-risk entry for merchants searching for earlier-stage publicity if capital rotates additional down the meme-coin curve. Its Ethereum base provides it fast compatibility with main wallets and decentralized exchanges, whereas the presale’s progress suggests there’s nonetheless demand for brand spanking new meme narratives when branding resonates.

If the PEPE ETF submitting positive aspects traction or prompts copycat functions, the strongest spillover would doubtless begin with large-cap meme cash earlier than reaching smaller names. But that type of sector-wide consideration may profit initiatives like Maxi Doge, significantly in the event that they have already got lively communities and funded presales heading into itemizing.

Maxi Doge Presale Terms, Staking and Access


Anyone can be part of the Maxi Doge Token presale via WalletJoin or immediately through Best Wallet. Buyers can use ETH, BNB, USDT, or USDC, or pay with a financial institution card. Best Wallet is accessible on Google Play and the Apple App Store.

MAXI tokens bought in presale may also be staked instantly in Maxi Doge’s native protocol, earning a dynamic 66% APY.

The present presale value is $0.00028120, and the undertaking states the value will rise throughout the subsequent 48 hours.

The group additionally says the code has been audited by Coinsult and SOLIDProof.

Community channels can be found on X and Telegram.

Visit Maxi Doge.

The submit 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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