Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are fading in momentum, while a little-known meme coin called Ark of Panda (AOP) is seizing the spotlight with surging Binance Alpha volume and a breakout setup that traders say could fuel a 300% run. Chart Signals Point To Explosive Breakout AOP 300% Moonlight Potential (Source: TradingView) Trending: Amazon and NVIDIA Partnered With This Robot Chef — N ...

The flash crash on Oct. 11 shook crypto markets the most, soon after U.S. President Donald Trump's historic 100% tariff on China announcement, wiping billions from major tokens. Two days later, on Oct 13, two memecoins have made quite the rally — Dogecoin (DOGE) and Shiba Inu (SHIB). Dogecoin Dogecoin, which plunged nearly 50% to $0.11 during the selloff, has quickly rebounded. By October 13, DOGE was trading around $0.21, up more than 12% in the past 24 hours. Analysts view the move as a "healthy corre ...

``Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. `` `` The Shiba Inu (CRYPTO: SHIB) team posted a detailed account of the hacking incident that impacted its ecosystem on Saturday, including details about the assets affected and subsequent actions taken. `` Flash Loan Attack On Shibarium `` ```` According to the official X account tied to the SHIB token, the attacker acquired 4.6 million Bone ShibaSwap (CRYPTO: BONE), the governance token of Shiba Inu’s ...

Core Insights - The first exchange-traded fund (ETF) focused on a meme coin, the Rex Shares-Osprey Dogecoin ETF (DOJE), is expected to launch soon after delays [1][2] - DOGE has performed well recently, showing a 15% increase over the past month despite a 3.5% decline in the last 24 hours [2] - DOJE will not hold DOGE directly but will use a Cayman Islands-based subsidiary to gain exposure through futures and derivatives [3] ETF Structure and Approval - DOJE was approved under the Investment Company Act of 1940, distinguishing it from bitcoin ETFs approved under the Securities Act of 1933 [4] - This structure aligns DOJE more closely with mutual funds rather than commodity trusts [4] Future Developments - There are ongoing applications for spot DOGE ETFs that would hold the meme coin directly, currently under review by the U.S. Securities and Exchange Commission (SEC) [5] - The SEC has shown increased comfort with crypto ETFs following the approval of several bitcoin products in early 2024 [5] Market Context - The broader crypto market indicates that investor demand can surpass fundamental critiques, as meme coins continue to attract significant speculative capital despite skepticism regarding their underlying value [6]