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Bitcoin has fallen below $115,000 on Tuesday for the first time in 12 days, and both Ethereum and Bitcoin ETFs experienced outflows on Monday. As a result, the wider crypto market is struggling.
The sentiment has clearly shifted from a week ago, when anticipation of an “Altcoin Season” was high and investors were becoming more bullish. CoinMarketCap’s Crypto Fear and Greed Index reflects this change, dropping from 60 last week in “Greed” to 53 today in “Neutral.”
But as risk-off sentiment increases, an unexpected pattern is emerging: a new meme coin called Maxi Doge ($MAXI) has experienced multiple record days of inflows. The new Dogecoin-themed meme coin is currently in a presale, where it has raised $1.2 million so far.
Yet the fundraising success has exploded recently, with $100,000 coming in just in the past 24 hours. This is the biggest single-day influx since the $MAXI presale began – and it happened while the rest of the market is bearish.
Indeed, this is a highly bullish signal for $MAXI – does that mean that it’s the best meme coin to buy now? Let’s take a closer look at what the project is all about and how far it could go.
Maxi Doge is repeating Fartcoin’s pattern before a 3.5x rally
It’s unlikely that Maxi Doge could truly challenge Dogecoin this year due to its extensive community, Elon support, and deep entrenchment in meme culture. But it might challenge Fartcoin.
Maxi Doge’s success during a market downturn is exactly what Fartcoin did earlier this year. It was at the height of tariff tensions between the US and key trade partners. Bitcoin, stocks, and even gold were falling – yet Fartcoin was rising.
“Fartcoin up 8% again today. Literally everything is down, even treasuries and gold. Bitcoin and Ether are both in the gutter. Can someone explain this?” wrote TradFi expert Eric Balchunas on X.
Speaking of which, Fartcoin up 8% again today. Literally everything is down, even treasuries and gold. Bitcoin and Ether both in gutter. Can someone explain this? pic.twitter.com/h5m2xmB0m1
— Eric Balchunas (@EricBalchunas) April 7, 2025
On that day (7 April 2025), Fartcoin traded at $0.44, but just six weeks later, it was valued at $1.55 – a 3.5x gain. While Fartcoin is red today, along with the rest of the market, it seems that Maxi Doge is the new meme coin that traders are buying on the dip.
One major advantage of Maxi Doge compared to Fartcoin is that its presale price is fixed and will gradually increase throughout the campaign. This means it can’t decrease even if the market pulls back further – it will keep going up. According to its website, the next price increase is in just two days.
However, analysts believe that the real gains will come not during the presale but after $MAXI lists on exchanges. According to 99Bitcoins analyst Umar Khan, the price could rally 100x once it’s available on exchanges.
Indeed, that would be similar to the gains from Dogecoin in earlier cycles or projects like Fartcoin and SPX6900 in this cycle.
Looking for some juice-y staking rewards? $MAXI offers 234% APY
Maxi Doge is positioned as the Dogecoin for degens. It’s not the meme coin for everyone; it’s the meme coin for caffeine-addicted gym bros who can’t resist sliding that leverage bar all the way to 1,000x during a trade.
But beyond its narrative, Maxi Doge offers tangible benefits over the original Dogecoin. While the presale is underway, the team has already launched a staking mechanism that currently offers a 234% APY. This allows investors to compound their profits even before the token hits the open market.
Its website also details plans for integration into futures trading platforms, along with community rewards using $MAXI.
This creates multiple demand sources for $MAXI beyond just meme-driven speculation, giving the project more layers for long-term price growth.
Is Maxi Doge the best meme coin to buy on the dip?
With its presale momentum hitting a record high this week despite the dip, plus top analysts taking notice, it seems something big is brewing in the Maxi Doge community.
There’s also clear evidence of community strength on social media, with the project’s X and Telegram channels gaining a combined 12,000 followers.
Moreover, Maxi Doge’s presale offers investors a chance to get in early and secure the most upside potential. So, for those looking for the best way to navigate the current crypto dip, $MAXI is definitely worth considering.
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