NEW YORK, April 10, 2026 – Canary Capital has filed for a landmark spot PEPE ETF with the SEC, a seismic move that could funnel mainstream capital directly into the meme coin ecosystem. The filing comes amid selective institutional accumulation, with whales scooping up 1.23 trillion PEPE tokens and Shiba Inu wallets adding $12.16 million in SHIB this month, signaling a potential rotation into high-beta crypto assets as the Maxi Doge presale surges toward $6 million.
Long-term this is very bullish for #PEPE
Latest #PEPE price and news action right here
pic.twitter.com/GSZjWH7emY
— Crypto Zeus
(@CryptoZeusYT) April 10, 2026
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.
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.
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.
WHERE ALL THE BULLS AT? WE DON'T QUIT. pic.twitter.com/J30E70EV5f
— MaxiDoge (@MaxiDoge_) March 31, 2026
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.
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.
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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