The presale of Maxi Doge (MAXI) has successfully raised over $2 million, capturing significant attention as speculation grows around the potential approval of a Dogecoin ETF by U.S. regulators. Analyst Eric Balchunas has indicated that the ETF could receive approval on September 11, potentially marking the first regulated exchange-traded fund for a meme coin. The approval of a Dogecoin ETF is expected to attract institutional capital to the meme coin sector, potentially boosting interest in smaller tokens like MAXI, which is marketed as 'Dogecoin’s little cousin.' The presale of MAXI features staking rewards and a tiered pricing model, aligning with the high-risk, fast-paced culture of modern crypto trading. Analysts consider MAXI a high-beta play on the Dogecoin ETF narrative.