Canary Capital, a crypto investment firm and fund manager, filed for an ETF that tracks the TRUMP meme coin connected directly to the US President Donald Trump. If approved, this would enable Canary to transform a speculative asset into a legitimate investment product.

This presents a significant milestone for the meme coin sector, providing validity and mainstream exposure to joke tokens and potentially attracting Wall Street attention. 

News of Canary’s ETF filing made rounds in the crypto community, leading to investors seeking out the best meme coins to buy in preparation for the potential rally. 

Right now, DeepSnitch AI is drawing most attention. Still early in its presale at only $0.01602, it combines memetic potential with the kind of AI utility small investors have been waiting for.

How ETF approval could legitimize meme coins as an asset class

While certainly not the first attempt (REX applied to list TRUMP ETFs), it’s the first filing under the Securities Act of 1933. 

In contrast, previous TRUMP ETF filings were filed with the SEC in accordance with the Investment Company Act, which means it was limited to investing in a subsidiary in the Cayman Islands holding TRUMP. 

Thus, if the Canary ETF filing is approved, it will be directly tied to the meme coin, requiring a reserve of tokens to adhere to strict custody requirements. 

ETFs generally legitimize asset classes and attract mainstream investors, which is why this is an important milestone for the larger crypto community, as well as the meme sector itself. Although meme coins are generally driven by hype and cultural relevance, Bitcoin was also considered highly volatile and speculative until the first ETF approval made it viable for institutional capital.

Naturally, this doesn’t mean the ETF filing will be approved by the SEC. Yet, the community hopes that the more crypto-friendly Chair Paul Atkins will take a positive stance on the filing, which could ultimately drive the success of meme coins. 

If approved, it’s expected that the ETF could become available for trading in the next few months. 

As the community rallies and looks for the best meme coins to buy for quick gains, others are sticking with utility-based presale projects with wide upside potential. 

DeepSnitch AI: A meme coin with real utility and breakout potential

Most investors pour money into meme coins chasing big upside. But recently, a new project has launched at a similar low price while also offering utility, a factor that can help support more sustainable growth.

DeepSnitch AI is a project that aims to solve an existing problem in the market. What makes it different is that it pairs this utility with the kind of moonshot potential seen before in meme coins like PEPE and SHIB.

The idea is simple: regular traders simply can’t compete with bots and whales who snag up all the profit. By using multiple AI bots, DeepSnitch AI automatically analyzes massive amounts of on-chain and off-chain data and turns them into readily available trading analytics. 

Incorporating a modular system for trading, traders can easily evaluate contract risks, anticipate liquidity shifts, and, equally important, track whales and wallet flows. This helps even the odds in a wildly speculative market. 

It’s also worth pointing out that DeepSnitch AI is well-positioned to attract users from crypto as well as mainstream AI sectors. As a result, it’s already generating quite a lot of attention, attracting $168k of capital in record time. 

The DeepSnitch AI presale is in full swing, allowing traders to get on board at just $0.01602 in stage 1. At this price, it looks undervalued for what it offers: real innovation with 100x potential.

DOGE and SHIB see short-lived gains after meme coin ETF news

In addition to other bullish news, Canary’s TRUMP ETF filing may have contributed to an uptick in meme coin investments across the board. 

For instance, DOGE experienced a price increase of 2.17% within 24 hours after the announcement.

A similar trend applies to other major coins, including SHIBA, which saw a 2% growth both in terms of value and market capitalization. 

Moreover, according to Coingecko data, on August 27th, the entire meme sector grew by 5.7% in 24 hours, rising to $73.5B.

This rally inspired quite a lot of traders to seek out the best meme coins to buy before the next run begins, but most slipped back just as quickly, a reminder of how fragile hype-driven rallies can be. 

Meanwhile, priced at just $0.01602, DeepSnitch AI is building around AI trading agents that could give small traders a real edge, while still packing the type of early-stage upside meme coins are known for. 

Final words: An actual product with a meme-like upside potential

Meme coins are here to stay, and the Canary ETF filing can only make the industry easier to navigate for newcomers and TradFi. Still, the brief pump individual coins experienced is nothing new, and history shows prices often swing the other way just as quickly. 

If you’re looking for meme-coin-level upside with something extra behind it, the DeepSnitch AI presale is hard to ignore, especially at this price point and with the utility it brings. Stage 1 is now live at just $0.01602, with each phase set to climb higher as demand builds. 

Learn more about DeepSnitch AI presale on the official website.

FAQ

What are the best meme coins to buy in 2025?

DeepSnitch AI could be one of the best meme coins to buy in 2025, a low-cap presale at $0.01602 with 100x potential. 

How does a TRUMP ETF affect the crypto market?

The first legitimate meme coin ETF filing has certainly caused a small yet significant rally in the sector. If approved, it could be a step toward meme coins recognized as a true asset class.

Why is DeepSnitch AI different from meme coins but still worth buying early?

DeepSnitch AI is built to deliver real-time market data, the kind of intel usually reserved for whales. With a low entry price and massive upside potential, it’s built for early movers.