Crypto markets faced significant declines over the past 24 hours, with Bitcoin down 1.1%, Ethereum down 3.8%, and Dogecoin plummeting 7.8%, despite the recent launch of the first-ever Dogecoin ETF. This sell-off triggered over $1.44 billion in liquidations, largely driven by macroeconomic fears and profit-taking. However, Maxi Doge (MAXI), a new meme coin, is defying the trend with its ongoing presale recently surpassing the $2.4 million raised milestone.
MAXI tokens are currently available at a discounted price of $0.0002585, but this rate is set to increase in under two days as the presale progresses. The project distinguishes itself by embracing "crypto bro" culture with a mascot symbolizing high conviction and leverage trading, while also offering tangible utilities. These include a staking mechanism with a 137% APY already live during the presale, weekly community giveaways based on a leaderboard system, and plans for integration into futures trading platforms.
Expert traders are rallying behind MAXI; Alessandro de Crypto called it the "next Dogecoin," and ClayBro, appearing on the 99Bitcoins YouTube channel, suggested that MAXI could leverage the hype from Dogecoin and XRP ETFs. Despite Dogecoin's recent 10% decline post-ETF launch, analysts like Ali Martinez predict a potential rally to $0.50 for DOGE, while MAXI's early-stage momentum and viral branding position it for possible 100x gains, as endorsed by the CryptoNews YouTube channel.