If you thought meme coins were just funny internet money, what better proof of their legitimacy than reputable investment firms now looking to launch exchange-traded funds (ETFs) based on them?
The latest? Canary Capital has filed an application with the SEC seeking approval for a TRUMP Coin ETF.
It’s worth noting that this is the third ETF filing for $TRUMP, and the first under the Securities Act of 1933.
The other two filings came under the Investment Company Act of 1940, by Tuttle Capital and REX Shares-Osprey Funds. However, the SEC is yet to approve any of them.
Read on as we unpack the effect this could have on the broader meme coin market, which will now undoubtedly attract even more attention from big-money players.
The best part? We’ll also show you the best meme coins to buy now to ride this newfound legitimacy wave.
$TRUMP – The Meme Coin That Started It All
If you’ve been in the meme coin markets for even just a few months, you’ll definitely remember $TRUMP.
Launched on January 18 this year, $TRUMP is Donald Trump’s official cryptocurrency, giving crypto enthusiasts an unofficial way to showcase their support (or disapproval – as we’ve seen with the tariff wars) for the current U.S. President.
The token made headlines when it rocketed past $75 within just a couple of days of launch, fueled largely by Trump’s popularity, and, in particular, the brand-new pro-crypto stance he brought into government.
$TRUMP Price Reacts to ETF News
Following the ETF news, $TRUMP’s price jumped 2%, while open interest in TRUMP futures rose by 3%, signaling growing buying appetite.
Although the token is still trading below key moving averages (50 EMA and 200 EMA), the RSI holds steady at 42, suggesting a potential buying zone.
However, Eric Balchunas, Bloomberg ETF analyst, notes that there’s only a slim chance the SEC will approve the $TRUMP ETF anytime soon.
Why? Because current rules require an asset to be listed on the futures market for at least six months before ETF approval – and $TRUMP doesn’t yet meet that criteria.
Plus, unlike ETFs tied to assets such as Bitcoin, Ethereum, or Solana, $TRUMP is a pure meme coin driven almost entirely by the President’s popularity, so the SEC may view it as a risky bet.
Still, the broader crypto market has thrived under Trump, thanks to his pro-crypto regulations and reserve policies.
And as his popularity grows alongside the crypto markets, it’s the $TRUMP token that stands to benefit most.
If you want to capitalize on this building bullish momentum, here are three altcoins that could be the next to explode in this booming market.
1. Maxi Doge ($MAXI) – The Ultimate Hype-Driven Degen Meme Coin for 1000x Returns
Maxi Doge ($MAXI) is easily the wildest meme coin gearing up for its exchange debut. It’s based on Dogecoin, who, interestingly enough, is Maxi’s cousin and long-time nemesis.
Growing up, Dogecoin hogged all the spotlight, while $MAXI sat sulking in the corner. Not anymore.
Maxi hit the gym, lifted heavy, downed protein shakes and caffeine, and is back as Doge’s ultimate nightmare. With big green candle energy, $MAXI brings pure degen hype to the crypto markets.
It’s made for those who roll their eyes at Doge’s ‘cutesy’ persona – because let’s face it: life-changing gains don’t come from being meek, but from ‘never missing leg day, never missing a pump.’
But the real question is: how does $MAXI become the next 1000x crypto?
The project has reserved a massive 40% of its total token supply for marketing, including paid ads, social media collabs, weekly contests, and leaderboard prizes.
This aggressive push will not only build a loyal investor community rallying behind $MAXI, but also spread its quirky gym-bro humor across the entire crypto landscape.
And the best part? $MAXI doesn’t plan to stop at a simple CEX or DEX listing. It’s also aiming for a futures listing, giving day traders the chance to hit the leverage pedal and supercharge their gains.
Currently in presale, Maxi Doge has already pulled in over $1.6M from early investors, with each token priced at just $0.000254.
Visit $MAXI’s official website for more information.
2. Snorter Token ($SNORT) – Telegram-Based Trading Bot for Limitless Daily Sniping
Snorter Token ($SNORT) is the native cryptocurrency powering Snorter Bot – an upcoming Telegram bot designed to simplify meme coin trading for everyday investors.
The bot’s lightning-fast sniping capabilities are a game-changer. Until now, most liquidity in hot meme coins was scooped up by whales using complex algorithms.
But with Snorter Bot, you can place buy/sell limit and stop orders directly inside Telegram. The result? As soon as liquidity opens up, your transaction is executed.
This puts you on equal footing with large players armed with sophisticated trading tools.
On top of that, Snorter offers a clean, one-snapshot dashboard that lets you view all your crypto holdings in one place. No need to juggle multiple apps.
As the meme coin mania grows, the demand for a unified solution that not only manages portfolios but also positions traders to catch those initial liquidity pumps is sky-high. That’s exactly what Snorter delivers.
According to our $SNORT price prediction, the token could hit $0.94 by year-end – representing a mouth-watering 817% gain from current levels.
And buying $SNORT comes with exclusive perks, including:
- No daily sniping limits
- Reduced transaction fees of just 0.85% (vs. 1.5% for non-holders)
- Advanced analytics for better trading decisions
- Staking rewards, currently yielding 129%
The $SNORT presale is live right now, with already over $3.4M in its early funding kitty. Each token is currently available for just $0.1025.
For more information, check our $SNORT’s official website.
3. Comedian ($BAN) – Viral Art-Based Meme Coin Still Going Strong
Comedian ($BAN) is no stranger to wild gains. Launched in October 2024, this hype-fueled token has already delivered early investors over 134,000% in gains – and that’s after falling almost 80% from its all-time highs.
With a full-blown meme coin cycle now underway, $BAN is well-positioned to emerge as one of the top trending cryptos.
The biggest argument for its massive upside potential lies in its price chart. $BAN is now tantalizingly close to breaking out of a descending triangle pattern.
With EMAs pointing upward and momentum on its side (it’s up nearly 20% in the past week), $BAN looks set to surge past this resistance, potentially charging toward new all-time highs.
But what is Comedian, really? It’s a sarcastic take on a super-controversial artwork – the infamous piece featuring a banana taped to a wall.
No matter which side of the ‘is modern art profound or just plain dumb?’ debate you’re on, one thing’s for certain: the controversy fuels hype, and that traction is exactly what helps $BAN thrive.
Wrapping Up
A fresh ETF application for a mainstream meme coin like $TRUMP could be just the spark needed to ignite the already-brewing meme coin boom.
Don’t want to miss out? Stack your crypto portfolio with promising new tokens like Maxi Doge ($MAXI), Snorter Token ($SNORT), and Comedian ($BAN).
That said, please keep in mind that investments in crypto are highly risky. None of the above is financial advice either, and you must always do your own research before investing.
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