Crypto.com just dropped their Snapshot Vol. 231, packing in some juicy updates from the crypto world. As someone who's been deep in the crypto scene, I love how these snapshots cut through the noise and deliver the essentials. This edition touches on everything from regulatory wins in Hong Kong to exciting developments in meme coins like DOGE. Let's break it down and see what it means for the meme token community.

Hong Kong Boosts Crypto Liquidity Globally

Hong Kong's Securities and Futures Commission (SFC) is making waves by allowing licensed exchanges to connect with global order books. This move is all about improving liquidity—basically, making it easier for traders to buy and sell without wild price swings. For meme token holders, better liquidity means smoother trades and potentially tighter spreads, which could attract more institutional players to the space.

According to the SFC's circular, this strategy aims to enhance market efficiency and give local investors access to deeper global pools. It's a smart play for Hong Kong to position itself as a crypto hub, especially as regions like the US grapple with regulatory hurdles.

Hollywood.com Teams Up with Crypto.com for Prediction Markets

Imagine betting on your favorite movie's box office success or a song's chart-topping potential—all powered by crypto. That's the vibe with the new partnership between Hollywood.com and Crypto.com. They're launching prediction markets where fans can trade on entertainment outcomes, blending pop culture with blockchain tech.

Prediction markets are essentially decentralized betting platforms where users wager on real-world events. This could open doors for meme-inspired tokens tied to viral trends or celebrity endorsements. If a meme coin gets linked to a blockbuster hit, watch the hype build!

Bitwise and Grayscale Push DOGE and XRP ETFs Forward

Here's the big one for meme fans: Bitwise and Grayscale have set fees for their proposed XRP and DOGE ETFs, even with limited SEC operations due to ongoing issues. Bitwise is eyeing a 0.34% fee for its XRP ETF, while Grayscale is at 0.35% for both XRP and DOGE funds. This signals confidence in approval, potentially bringing mainstream investors into the Dogecoin ecosystem.

Dogecoin, the OG meme coin inspired by the Shiba Inu dog, has always thrived on community vibes and viral moments. An ETF could legitimize it further, making it easier for traditional investors to jump in without dealing with wallets or exchanges. Check out the details in this CoinMarketCap article. If these ETFs launch, expect a surge in DOGE's visibility and possibly its price.

Donut Labs Raises $22M for an AI Crypto Browser

Donut Labs is turning heads with a $22 million raise to build an AI-powered crypto browser that trades autonomously. Think of it as a smart assistant that scans the market, spots opportunities, and executes trades on your behalf—all within a browser.

For meme token traders, who often ride fast-moving trends, this tool could be a game-changer. It might help spot emerging memes early or automate buys during pumps. The funding round, detailed here, shows strong investor belief in AI's role in crypto.

Zcash Unveils Q4 Roadmap as ZEC Rallies

Privacy coin Zcash is gearing up with its Q4 roadmap from the Electric Coin Company (ECC). Key focuses include upgrading privacy tools, like adding ephemeral addresses for swaps, and improving usability for their Zashi wallet.

ZEC has been rallying amid this news, up significantly year-to-date. While not a pure meme coin, Zcash's privacy features could inspire meme projects emphasizing anonymity. Dive into the full roadmap on ECC's blog.

Fear and Greed Index Signals Market Caution

Wrapping up the snapshot is the Crypto Fear and Greed Index at 24, firmly in "Fear" territory as of November 7, 2025. This metric gauges market sentiment—low scores like this often mean investors are wary, which can lead to undervalued assets.

For meme tokens, fear phases are when diamonds in the rough emerge. Historical data from Alternative.me shows these dips can precede recoveries. If you're in the meme game, this might be a time to research and position for the next bull wave.

Crypto.com's Snapshot 231 is a solid roundup of what's shaking in crypto right now. With DOGE ETFs on the horizon and innovations across the board, the meme token space looks poised for more action. Stay tuned to Meme Insider for deeper dives into how these trends impact your favorite tokens. What's your take on the DOGE ETF push? Drop your thoughts below!