Top Cryptos to Watch as Bitwise Refreshes Spot Dogecoin ETF Bid – Is DOGE Back?

Bitwise just doubled down on Dogecoin—filing amendments to its spot ETF application. Meme coin or legit contender? The market's itching to decide.

Why This Move Matters

ETF approvals act like rocket fuel for crypto prices. Bitcoin’s 2024 surge post-ETF greenlight proved that. Now, DOGE gets its turn in the regulatory spotlight.

Beyond the Meme: Real Utility or Hype?

Elon’s favorite joke coin now flirts with Wall Street legitimacy. But can a Shiba Inu-themed asset really play nice with institutional investors? The SEC’s poker face gives nothing away.

Alternate Plays if DOGE Stumbles

ETH, SOL, even BNB stand ready to capitalize if Dogecoin’s ETF dreams fizzle. Smart money always hedges—especially when dealing with an asset that started as a Twitter gag.

*Closing thought: Nothing screams ‘mature market’ like billion-dollar funds chasing a cryptocurrency inspired by a dog meme. Finance is healed.*

1. Snorter (SNORT)

Snorter (SNORT) caught our attention because it’s different from “pure” meme coins. Sure, it’s got that meme-style appeal, but there’s real utility underneath. We’re talking about an advanced trading bot that runs on solana and operates directly through Telegram.

The bot handles the complicated tasks – automated sniping for new token launches, copy trading features that let you mirror successful traders, plus the basics like stop-losses and limit orders. It’s like having a skilled trader working with you 24/7.

Snorter’s presale numbers are impressive: over $1.2 million raised already. That’s backed by security audits from SolidProof and Coinsult, which means the team isn’t cutting corners. Early holders can even stake their SNORT tokens for high APY returns, adding another LAYER to the value proposition.

Crypto expert ClayBro called it the “best bot” on the market in a recent YouTube video. If he’s right, then early SNORT investors could be in for an exciting few months. Visit Snorter Presale.

2. Dogecoin (DOGE)

This one’s pretty straightforward. When Bitwise gets their ETF approved – and most analysts are leaning toward “when” rather than “if” – they’ll need to buy actual dogecoin (DOGE) to back the fund. That creates sustained buying pressure from institutional money.

These ETFs also open the floodgates for pension funds, hedge funds, and regular investors who want Doge exposure without having to deal with wallets or exchanges. Think of it like how gold ETFs made precious metals accessible to your average retail trader.

With a surge of long-term institutional holders, DOGE’s price swings might become more stable. The SEC’s acknowledgment of these filings is already a significant step – making Dogecoin one of the best cryptos to buy, despite its current rough patch.

3. BTC Bull Token (BTCBULL)

What if a token actually paid you in Bitcoin when BTC hits major milestones? That’s exactly what BTC Bull Token (BTCBULL) does, and Jacob Bury from 99Bitcoins believes this setup could help it “100x” after listing.

The mechanics are clever: BTCBULL holders get BTC airdrops when bitcoin reaches targets like $150,000 and $200,000. At three other price levels, the project burns tokens to create scarcity. It’s essentially a way to bet on Bitcoin’s success without owning it.

BTCBULL’s $7.5 million presale raise suggests investors are buying into the concept. But with the presale ending June 30, there are fewer than three days to get involved at a fixed price. And if you get involved early, you can even stake for 54% yields while waiting for the DEX listing.

With people piling into the Telegram channel left and right, this new meme coin could be about to take off next week. Visit BTC Bull Token.

4. Solana (SOL)

The Solana (SOL) connection isn’t apparent at first glance, but it’s pretty direct. Thanks to Wormhole’s Native Token Transfer (NTT) technology, DOGE can now exist natively on Solana – not as some wrapped version, but as the real deal.

This matters because ETF money doesn’t have to sit still. DOGE holders can MOVE their coins to Solana’s fast network for DeFi yields, NFT trading, or other applications. All that activity generates transaction fees paid in SOL, which in turn pumps up the network’s Total Value Locked (TVL).

Naturally, this also tends to boost the SOL price. And with SOL still trading 50% below its January all-time high, now might be the ideal time to accumulate at a lower cost.

5. Wormhole (W)

If Solana benefits indirectly, Wormhole (W) is the infrastructure that makes it all possible. Imagine it as a bridge connecting over 30 different blockchains, with specialized tech that allows assets to move between networks seamlessly.

For Dogecoin specifically, Wormhole’s NTT tech is what enables DOGE to operate natively on Solana. More DOGE activity means more cross-chain traffic, which generates fees that FLOW back to the Wormhole ecosystem and W token holders.

The numbers back this up: Wormhole has already moved over $8 billion in value to Solana. Successfully handling a major crypto asset like DOGE is a validation of their technology – making W another of the best cryptos to buy after the ETF news dropped.