Ethereum
3 ETH Coins to Hold Before the Ethereum ETF Boom
The world of cryptocurrencies is currently experiencing dynamic change. After the approval of Bitcoin ETFs, Ethereum ETFs are set to embrace the world and have already started making waves in the current cryptocurrency space.
After the Ethereum ETF approval, several analysts have already started betting on how the phenomenon will help several Ethereum-based altcoins skyrocket, turning them into a huge investment opportunity to capitalize on and make the most of. Here are the last three ETH-based coins that an investor should hold on to before reaching a big success after the Ethereum ETF approval.
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3 ETH Coins to Hold Before They Skyrocket After Ethereum ETF Approval
Source: WatcherGuru
Cryptocurrency #1 – Floki Inu
Floki Inu is another notable Ethereum-based token that has made significant progress in the cryptocurrency space. The token boasts an exceptional community ecosystem and is known for launching distinct marketing to tempt users from all walks of life. Floki Inu recently launched a Telegram bot with the aim of simplifying cryptocurrency trading for traders and investors. The token is currently ranked the 51st largest currency by market capitalization.
According to CoinCodexThe token could surge and climb almost 222% by mid-July to trade at a maximum price of $0.00055. After the approval of the Ethereum ETF, this figure may increase further, making it a suitable investment choice to explore and entertain. While Floki Inu is currently expected to be in bearish mode, the cycle may soon change after the approval of the ETH ETF.
“Floki Inu price is expected to increase by 225.91% and reach $0.00055 by July 28, 2024. According to our technical indicators, the current sentiment is bearish while the fear and greed index is reading 47 (neutral). Floki Inu has recorded 13/30 (43%) green days with a price volatility of 22.09% in the last 30 days.
Cryptocurrency #2 – Shiba Inu
The Shiba Inu ecosystem is known for constantly revamping its procedures to woo investors. The token is currently busy organizing a number of new product offerings, including the launch of the Shiba Eternity Blockchain version, as well as Shiba Hub, as new elements embellish its ecosystem. With the launch of the Ethereum ETF approval, SHIB can gain new price strength, which can help its investors accumulate new profits.
According to CoinCodexShib price could surge 65% to reach a new high of $0.00002884. According to CC, SHIB is currently projecting a bearish signal, but it is bound to recover and heal, as positive disruptions in its ecosystem will play a pivotal role in correcting its valuation.
“The Shiba Inu price prediction for the next 30 days is a projection. It is based on positive/negative trends over the last 30 days. SHIB will change hands at $0.00002884 on July 5, 2024, gaining 65.31%.
Cryptocurrency #3 – Pepe
Pepe is another notable cryptocurrency token that has been making major waves in the cryptocurrency space. The token recently surged nearly 3,000% riding on the recent surge in GME shares. Similarly, being an Ethereum-based token, Pepe can enjoy a significant valuation once Ethereum ETFs gain traction in the mainstream market.
According to CoinCodexPepe could surge almost 200% in mid-July, reaching an all-time high of $0.00003972. CC buy indicators project Pepe further into bullish territory.
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“Pepe Coin price is expected to increase by 225.55% and reach $0.00003972 by July 28, 2024. According to our technical indicators, the current sentiment is Bullish while the Fear and Greed Index is reading 47 (Neutral). Pepe Coin has recorded 11/30 (37%) green days with a price volatility of 11.17% in the last 30 days.