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Analysts Mian Ikram Ullah predict that the U.S. Securities and Exchange Commission (SEC) has announced that Proof-of-Work (PoW) mining does not constitute a securities issuance and is not subject to securities regulations. This regulatory clarity could increase the likelihood of approval for several altcoin ETFs by the second quarter of 2025. Litecoin, which falls under this category, is considered a strong candidate for approval. Analysts further noted that the SEC had previously declared in February that meme coins are not securities, possibly due to regulatory challenges faced by Dogecoin ETFs. The SEC might declare all these assets as non-securities to lay the groundwork for future ETF applications. $LTC $DOGE

Canary Capital files for first Pengu ETF with SEC, targeting investments in PENGU tokens and Pudgy Penguins NFTs alongside ETH and SOL. Canary Capital seeks SEC approval for Pengu ETF, focusing on PENGU tokens, NFTs, and other digital assets. PENGU token rallies 10% post-ETF filing amid robust trading on Solana platforms. SEC scrutinizes ETFs for meme coins and NFTs, reflecting volatility and market novelty concerns. Canary Capital has submitted a registration filing to the United States Securities and Exchange Commission (SEC) for the launch of the first-ever Pengu exchange-traded fund (ETF). This move adds to the growing list of crypto asset managers seeking regulatory approval for digital asset-based ETFs. According to the filing published on Thursday, the proposed ETF will invest in the PENGU token, which is the official token of the Pudgy Penguins NFT project, as well as in Pudgy Penguins NFTs themselves. The filing also states that the ETF will hold other digital assets, including Ethereum (ETH) and Solana (SOL), to support trading and transfers. PENGU Market Reaction and Price Movement Following the ETF announcement, the PENGU token saw a sharp 10% price increase during early trading. It broke above previous resistance levels and moved past the Ichimoku cloud, indicating a possible shift in momentum. The Relative Strength Index (RSI) for PENGU moved from 44.86 to 62 shortly after the news, indicating increased buying activity. The RSI remains below the overbought level of 70, suggesting that further gains are still possible. Many of the analysts are now focusing on the $0.0093 as the next level of resistance backed by the Robinhood listing last week. A breakout above that level means the token will be trading above the $0.010 mark, the first time in a month. However, if the momentum disappears, the token may fall back to $ 0.0062 support area. Mixed Reactions From the Crypto Community On Pengu ETF The ETF proposal has sparked different responses from traders and analysts online. Some have raised doubts about investor demand for a fund tied to a meme coin and NFT project that is less than six months old. $PENGU

$DOGE is currently trading at $0.16922, down 4.49% in the last 24 hours. The meme coin tested support at $0.16662 and is attempting a recovery. However, resistance at $0.17345 - $0.17919 needs to be cleared for a bullish reversal. Market sentiment remains cautious, with 67% sell orders vs. 33% buy orders, signaling that sellers still have control. Volume stands at 159.95M DOGE, suggesting active trading despite the dip. Key moving averages indicate short-term bearish pressure, with the MA(5) at $0.16923 and MA(20) at $0.17153 acting as resistance. A breakout above these levels could trigger renewed momentum. With DOGE’s active addresses surging, the potential for a strong comeback remains. Watch for a bounce above $0.175 to confirm bullish sentiment. Will DOGE bulls step in? Stay tuned!

BONK , one of the most hyped meme coins in recent history, has been on a rollercoaster ride. After experiencing massive spikes followed by deep corrections, traders are wondering: Can BONK price rally to $1 within the next 30 days? Let's dive into the latest price action, technical indicators, and market trends to assess BONK’s potential. Analyzing the daily chart, BONK has been consolidating after a prolonged downtrend. The current price hovers around $0.00001193, reflecting a 4.24% daily gain. Despite a recent uptick, the price remains significantly below its previous highs, indicating that buyers are stepping in but lack strong conviction. The Relative Strength Index (RSI) is currently at 43.53, suggesting that BONK is in neutral territory—not oversold but still below the critical 50 level that signals strength. This indicates that momentum is shifting but hasn't yet confirmed a full-blown reversal. BONK price has tested the $0.00001050 support level multiple times, making it a key zone to watch. If this level holds, we may see an upward trajectory toward resistance levels at $0.00001400 and $0.00002000. However, failure to hold this range could lead to another drop toward $0.00000900. A notable MACD crossover is forming on the daily chart, where the MACD line is attempting to cross above the signal line. This would be a bullish confirmation that momentum is shifting in favor of buyers. For BONK to see explosive growth, it must clear significant resistance levels: A strong close above $0.00001400 with high volume would confirm bullish intent. Realistically, BONK reaching $1 within 30 days would require an astronomical 8,385,000% increase from its current price—an impossible feat in such a short time frame. However, short-term gains of 100% to 200% are achievable if the current uptrend gains momentum. Several factors could influence BONK’s price action: While BONK price hitting $1 in 30 days is unlikely, short-term gains remain possible. The technical setup suggests that a breakout is forming, but confirmation above $0.00001400 is needed. Traders should monitor RSI, MACD crossovers, and volume spikes to gauge the strength of the next move.

​In the ever-evolving landscape of cryptocurrency, memecoins have emerged as a unique blend of humor, culture, and finance. Among these, RIKO stands out not merely as another memecoin, but as a movement that intertwines real-world dynamics with the vibrant BNB Chain ecosystem.​ 🌟 RIKO: Beyond the Meme Unlike many memecoins that thrive solely on speculation, RIKO is crafting its own narrative. It reflects real people from the BNB ecosystem, Binance, and the broader crypto market, making it a living part of crypto history. Each meme and storyline within RIKO mirrors the actual dynamics of the space, offering a unique blend of entertainment and authenticity.​ 🌟 BNB Chain: The New Frontier for Memecoins The BNB Chain has rapidly become a hub for memecoin innovation. Its robust infrastructure and supportive community have fostered the growth of various memecoins, including RIKO. The chain's low transaction costs and EVM compatibility make it an ideal platform for such projects. Recent initiatives, like the Memecoin Solution a no-code platform enabling easy creation and launch of memecoins underscore BNB Chain's commitment to nurturing meme culture. 🌟 Innovative Features: RIKO's Telegram Trading Bot RIKO is not just riding the memecoin wave, it's enhancing the experience with tangible utility. The project is developing a Telegram trading bot on BNB, powered by an AI agent that tracks influencer activity, inflows, and trends on platforms like Twitter and Telegram. This allows users to: Customize Influencer Lists: Tailor which influencers to follow and receive trade signals based on their activity.​ AI-Detected Trends: Leverage AI to identify trending signals by analyzing market movements.​ The imminent launch of Version 1 of this bot signifies RIKO's dedication to providing real utility to its community.​ 🌟 Community and Recognition RIKO's unique approach has not gone unnoticed. Major media outlets, including BSCdaily, have featured the project, highlighting its innovative narrative. Influencers such as Crypto Rover and Travladd Crypto have mentioned RIKO, amplifying its reach. Notably, figures like Hasbulla and Hasbiland have followed RIKO, suggesting potential incubation by Hasbiland a development that could propel RIKO further into the spotlight.​ 🌟 Why RIKO Deserves Your Attention Several factors make RIKO a compelling project: Low Market Cap: With a market cap of $2.3 million, RIKO presents significant growth potential.​ Attractive Risk/Reward Profile: The project's fundamentals and community support offer a promising balance of risk and reward.​ Authentic Memecoin: RIKO boasts a strong community and compelling storytelling, setting it apart from generic memecoins.​ Rapid Ecosystem Integration: The project is quickly gaining traction within the BNB ecosystem, reflecting its growing influence.​ 🌟 Tokenomics at a Glance Token Name: RIKO​ BlockChain: Binance Smart Chain​ Market Cap: $2.3 million​ Total Supply: 1,000,000,000 RIKO​ Holders: 10,031​ 🌟 Conclusion RIKO exemplifies the evolution of memecoins from mere speculative assets to culturally rich, community-driven projects with real utility. As BNB Chain continues to foster meme culture, RIKO is carving its own path, blending storytelling, innovation, and community engagement. For those looking to be part of a memecoin that offers more than just hype, RIKO presents an intriguing opportunity.