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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

3 Meme Coins to Watch After Canary Capital’s Trump Meme Coin ETF Moves

Aaron Walker
Aaron Walker
Last Updated: August 14, 2025 2:40 pm
4 mins read
3 Meme Coins to Watch After Canary Capital’s Trump Meme Coin ETF Moves

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Meme coins have spent most of their existence in the crypto market as retail-driven and hype-fueled, swinging from moonshot highs to brutal pullbacks in a matter of hours.

But this year is beginning to look different. Institutional players are circling, looking for ways to package meme exposure in regulated, exchange-traded formats.

That shift is significant. More liquidity can lead to larger price swings in either direction. However, it also strengthens the position of projects with strong narratives, engaged communities, or genuine utility to break out.

And while mainstream finance still treats most meme coins as a joke, some of the biggest asset managers are now lining them up for ETFs.

One of the clearest signs of that shift just came with the announcement of the Canary Capital Trump Coin ETF.

If meme coin ETFs begin launching, the top meme coins – including TOKEN6900 ($T6900) – might be in a good position to benefit from the surge.

Canary Capital Bets on $TRUMP

On August 13, digital assets and fund manager Canary Capital registered the Canary Trump Coin ETF in Delaware, indicating plans to launch a spot ETF linked to the Solana-based meme coin.

Announcement post of Canary TRUMP Coin ETF.
Source: @esatoshiclub on X

If filed and approved, it would join a small queue of US spot meme coin ETF applications that already include $DOGE, $BONK, and $PENGU. Most ETFs still focus on $BTC and $ETH, so targeting a smaller, high-volatility meme coin is an uncommon move.

In March, Canary Capital CEO Steven McClurg framed altcoin ETFs as a bet on undervalued digital assets that institutions do not yet price in, in an interview with CryptoSlate.

Approval would not guarantee calmer markets, but it could widen liquidity, improve price discovery, and bring authorized participants into a niche that has lived on pure spot volumes.

Meme coin ETFs could see the market explode due to the added liquidity and attention. With that in mind, here are three tokens worth keeping an eye on:

1. TOKEN6900 ($T6900) – Pure Meme Chaos

TOKEN6900 ($T6900) takes the idea of a meme coin and strips it back to its most absurd core. There’s no roadmap, no utility, and no lofty promises. Just pure, weaponized internet humor.

Priced at $0.00695, the presale recently reached the $2M mark, with early buyers earning 34% APY through staking. The project riffs on the success of SPX6900, but adds one extra token to the supply – making it “objectively superior” in meme logic.

Alt text: TOKEN6900 ($T6900) manifesto for a “new America.”In a market where even ETFs are circling meme coins, $T6900 leans into the chaos instead of trying to justify itself with fake fundamentals.

If meme coin ETFs spark a broader speculative frenzy, TOKEN6900’s unapologetic brand of nonsense might be exactly the kind of story that catches on.

Check out the TOKEN6900 ($T6900) presale today.

2. Snorter Token ($SNORT) – Meme Coin Meets Telegram Trading Bot

Snorter Token ($SNORT) blends meme culture with genuine trading functionality. Built as a multi-chain token for Solana and Ethereum, $SNORT powers a Telegram-native bot that’s designed for speed and precision in the meme coin markets.

The presale has already raised over $3.1 million, with tokens priced at $0.1013 and offering an impressive 141% APY for stakers. The bot itself provides sub-second swaps, copy trading tools, rug and honeypot detection, and ultra-low fees of 0.85%.

Snorter ($SNORT) benefits for holders.This appeals to traders seeking fast execution without a high cost. By blending utility with meme branding, Snorter connects two rapidly expanding areas in crypto.

If meme coin ETFs help legitimize the meme sector, utility-backed projects like $SNORT could benefit from the credibility boost while retaining their retail appeal.

Visit the Snorter Token ($SNORT) presale website.

3. Pudgy Penguins ($PENGU) – Solana’s Meme King

$PENGU is the official token of Pudgy Penguins, one of the most recognisable NFT brands in the world.

With a market cap of roughly $2.3B, it has built an empire that stretches well beyond Web3 – securing partnerships with Lufthansa, NASCAR, Walmart, Formula 1, Suplay Inc., and even publishing giant Random House.

Pudgy Penguins repost of Kraken announcing $PENGU as the winner of their F1 competition.
Source: @pudgypenguins on X

If the $TRUMP ETF moves ahead, $PENGU’s likely will too. Institutions won’t ignore a project thats reach spans physical toys in Walmart, branding on F1 cars, and integration into airline loyalty programs – all of which funnel new audiences toward the token.

That mix of cultural status and substantial partnerships gives $PENGU a foundation that few meme coins can claim. Combine that with ETF speculation, and you have a meme asset that could become an institutional talking point.

Final Thoughts – Meme ETFs Could Reshape the Playing Field

Canary Capital’s ETF filings for $TRUMP indicate that meme coins are moving into a more structured, regulated phase. For retail traders, that could open new opportunities – but also bring increased competition and scrutiny.

Within this shifting landscape, $T6900 leans into pure chaos, $SNORT adds real utility into the mix, and $PENGU thrives on community and brand power.

This article is not financial advice. Meme coins remain high-risk, so please do your own research before buying into any projects.

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Aaron Walker
Aaron Walker

Aaron Walker

Aaron writes for NewsBTC as a Crypto Journalist, covering breaking news and developments across the crypto world.

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Aaron’s been writing and editing since 2016, and has seen firsthand how writing for online publications has evolved over that time with the influence of everything from a globalized workforce to LLMs. He’s also witnessed the rise of crypto from a fringe interest to a multi-trillion-dollar force that’s reshaping the world economy.

His background in academia with multiple post-grad degrees and a zest for good writing, wherever it may be found, powers Aaron’s own approach to covering crypto.

What sets good writing apart? Storytelling – finding connects the news to the people reading it and drawing out those connections. That’s what Aaron looks for in his own coverage.

In his off-hours, Aaron works for a local charity and enjoys working out and training with the local boxing club. He even reads physical books, occasionally.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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