While the crypto market has been shaky lately, one dog-themed coin is making all the right moves.

Dogcoin (DCOIN) has surged another 200% – leaving investors buzzing about its future potential.

Investors are also excited about the new Layer-2 project Solaxy (SOLX), with some suggesting it could mirror DCOIN’s incredible rise.

New Meme Coin DCOIN Soars 200% to Take Crypto Market By Storm

Move over, DOGE and SHIB – a new dog coin is taking over the market.

And its price is rising fast.

Dogcoin, an Ethereum-based meme coin, has posted enormous gains since going live two weeks ago.

After launching on the Uniswap DEX, DCOIN traded sideways for a week before rising exponentially.

Although it topped out and then dropped, the coin has flipped bullish again and is now trading at $0.0030.

That represents a 200% increase from where it was yesterday.

At one point overnight, DCOIN was up more than 470%, though it has cooled off a bit since.

But this dog coin is still making headlines, seeing over $1.2 million in spot trading volume in the last day.

DCOIN calls itself the “fairest ETH token in crypto for the people,” and that message seems to be reaching a wide audience.

Crypto Twitter is beginning to talk about it – and DCOIN is even at the top of DEXTools’ hot pairs list.

Meme Coin Market Struggles Amid Interest Rate Cut Uncertainty

DCOIN has picked a strange time to rally.

While most meme coins are selling off – DOGE is down 2%, SHIB is down 4%, and TRUMP is down nearly 10% – this dog-themed token is going against the grain.

Only WIF has managed to post a gain in this bearish environment.

Today’s meme coin slump appears to be part of a larger trend.

The entire crypto market is taking a breather, with Bitcoin down 1% and trading just above $100,000.

SOL is also selling off, dropping 4% since yesterday.

Investors seem to be extremely cautious about the Fed’s first FOMC meeting of 2025.

While the market is almost certain that rates will stay the same – the FedWatch tool puts the odds at 99.5% – crypto investors have learned to expect the unexpected.

Most traders are sitting on their hands before Jerome Powell makes his next move.

Because of this, meme coins and altcoins are facing increased selling pressure – which could continue until the Fed’s stance becomes clearer.

Could Solaxy be the Next to Explode? SOLX Token Presale Nears $16M as Hype Builds

While the market is shaky right now, some traders are betting on Solaxy to be the next big thing.

Unlike DCOIN, Solaxy isn’t just another meme coin.

It aims to be Solana’s first Layer-2 solution, tackling the performance bottlenecks holding the network back.

The project has already gone viral, raising almost $16 million in presale.

Early investors can grab SOLX, the project’s native token, for just $0.001618 in the current presale stage.

And investors are scrambling to do so – believing SOLX could explode once it hits the open market.

Most of the excitement around Solaxy is because of its advanced tech, which promises to handle transactions off-chain, giving Solana a speed boost.

Throw in cross-chain compatibility with Ethereum, and you’ve got a project catching the attention of both retail investors and crypto whales.

Solaxy’s staking program is another big draw.

It currently offers yields of 249% per year – and the team at 99Bitcoins thinks this could help sustain demand for the SOLX token long term.

So, in contrast with pure meme plays like DCOIN, Solaxy has solid fundamentals and a clear vision for the future.

If the team delivers on its roadmap, SOLX has every chance of being the next low-cap coin to go parabolic.

Visit Solaxy Presale

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The options and derivatives exchange CBOE has filed applications seeking the launch of Solana exchange-traded funds (ETFs) for four leading asset managers in the United States. This development has once again restarted the race for the first SOL exchange-traded fund in the country.

According to details on the CBOE rule filings site, the exchange has applied to list and trade the VanEck Solana Trust, the Canary Solana Trust, the Bitwise Solana ETF, and the 21Shares Core Solana ETF.

CBOE Submits Solana ETF Proposals

Asset managers in the U.S. have not begun their Solana ETF application journey today. They tried several times last year but faced rejections from the Securities and Exchange Commission (SEC).

In July 2024, CBOE filed proposals to list Solana ETFs for VanEck and 21Shares, but by August of the same year, the filings had disappeared from the exchange’s website. These developments indicated that the SEC had likely rejected the applications or, worse still, that the proposals had been withdrawn entirely.

At the time, a VanEck executive clarified that while the 19b-4 filings had been removed from CBOE’s website, the S-1 prospectus for the products was still active, signaling that the companies still intended to pursue the Solana ETF applications.

By mid-November, CBOE had submitted new applications for VanEck, Bitwise, Canary, and 21Shares Solana ETFs; however, they were rejected again in December. CBOE’s January 28 filings are the latest in this race for a U.S. Solana ETF. The next few weeks will determine if they will be the last or just another step in the way.

The Security vs. Commodity Debate

Analysts have always insisted that the odds of Solana ETF applications getting approved are low because the SEC has been under the leadership of the crypto-skeptic Gary Gensler. Since he departed the agency about a week ago, and a more crypto-friendly Paul Atkins is currently leading it, the chances of the filings getting approved may have risen significantly.

Notably, SOL, the native token of the Solana network, also faces the challenge of being classified as a security or commodity, which is crucial to greenlighting the ETFs. Asset managers seeking to launch Solana ETFs have touted the crypto asset as a commodity due to its decentralized nature and Proof-of-Stake consensus mechanism; however, ongoing legal battles involving the SEC have named SOL as a security.

Most crypto wallets offer single-chain solutions – but Best Wallet is doing things differently.

This fast-growing crypto management app brings together over 60 blockchains in one place.

And with $8.5 million already raised in presale, Best Wallet (BEST) is attracting investors who recognize the potential of its user-friendly approach.

Best Wallet Token Presale Hits $8.5M as Experts Praise Its Potential

The numbers from Best Wallet’s presale are turning heads.

More than $100,000 is rolling in daily, showing that investors love what Best Wallet offers.

Currently, BEST tokens are priced at $0.023775, but that price will jump again in less than 24 hours.

And early investors are scrambling to get in before the next price increase.

Investors can secure BEST tokens through the official website using either crypto or a bank card.

They can also make purchases directly through the Best Wallet app.

Best Wallet’s team plans to list the token on an exchange once the presale ends, though no end date has been announced yet.

That hasn’t stopped the project from blowing up on social media, with Best Wallet’s Twitter and Telegram communities multiplying in early 2025.

Influential YouTubers, like The Crypto Mark, have also given Best Wallet rave reviews.

So, with the presale hitting big milestones, BEST token could be one of the most anticipated crypto launches of Q1.

Why Best Wallet Could Transform Multi-Chain Crypto Management

The hype around Best Wallet isn’t just because of its presale success.

It’s also because Best Wallet addresses the challenge of managing crypto assets on different chains.

Most wallets limit users to just one or two networks, but Best Wallet supports over 60 blockchains.

That means it can handle 1,000 cryptocurrencies.

Another standout feature is the wallet’s Upcoming Tokens tab, which gives users a first look at presale projects before they hit the open market.

It’s like having the inside scoop on the next big token launch.

This early-access setup could be huge for investors looking to get in early on projects before the masses do.

Best Wallet also makes moving tokens between networks surprisingly easy.

Its cross-chain swaps eliminate the need for multiple wallets, making it simpler than ever to manage a diverse portfolio.

Add in some huge staking yields (208% per year), and it’s easy to see why Best Wallet is getting so much early attention.

A Closer Look at Best Wallet’s Potential Path to Success in 2025

Looking at the broader crypto wallet sector, it’s clear that Best Wallet is taking a unique approach.

Take the Trust Wallet Token (TWT), for example.

TWT helped establish the idea that wallet tokens can offer real utility – and it’s seen massive growth since launching in 2020.

Even MetaMask is rumored to be working on its own token, which shows that the big players recognize the value of this model.

Best Wallet is in a strong position to follow their lead in 2025.

The BEST token offers practical benefits like lower trading fees and better exchange rates.

Best Wallet’s developers also have ambitious growth plans, including capturing 40% of the non-custodial wallet market by 2026.

And with user numbers reportedly increasing by 50% month-over-month, that goal doesn’t seem far-fetched.

Best Wallet also aligns with the shift toward cryptos with real utility.

While many cryptos (especially meme coins) rely on hype, the BEST token provides real value for holders.

Combine that with Best Wallet’s exciting roadmap, and you have the foundation for a potential price explosion later this year.

Visit Best Wallet Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.