The ETF500 meme token, with a fixed supply of 1 billion tokens, is gaining attention for its potential to avoid dilution risks common in penny stocks like Mullen Automotive (MULN) and AMC Entertainment Holdings (AMC). The locked supply means no new tokens can flood the market, which could lead to a supply shock if all tokens are bought, potentially driving explosive price growth. A relatively small group of 5,000 to 10,000 supporters, each investing between $275 and $550, could lock half the token supply, while a few large investors could hold significant portions. ETF500 is described as a corporation with zero expenses and a dedicated shareholder community, positioning itself as a sustainable meme token similar to Dogecoin (DOGE) or Pepe. Meanwhile, emerging market local-currency bonds are outperforming their dollar-denominated counterparts despite offering lower yields than U.S. Treasuries. Local-currency bonds have returned 3.2% compared to 0.7% for dollar debt, driven by a weak dollar, falling oil prices, and recession fears. The average yield on the local-currency index has dropped to 4.03%, below the 7.1% for USD-denominated bonds and 4.12% for U.S. Treasuries. Market ETFs such as Emerging Markets (EEM) and International Developed Markets (EFA) have shown year-to-date gains of 1% and 8%, respectively.