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3 ETH Coins to Stash Ahead of the Ethereum ETF Boom
The world of cryptocurrencies is now witnessing a dynamic change. After the approval of the Bitcoin ETF, Ethereum ETFs are queuing up to embrace the world and have already started making waves in the current cryptocurrency realm.
Following the approval of the Ethereum ETF, 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 major ETH-based coins that an investor should hide before achieving great results after the approval of the Ethereum ETF.
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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 noteworthy Ethereum-based token that has made great strides in the cryptocurrency realm. The token boasts a stellar community ecosystem and is known for launching distinct marketing to tempt users of all levels. Floki Inu recently launched a Telegram bot with the aim of simplifying cryptocurrency trading for traders and investors. The token is currently ranked as the 51st largest currency by market capitalization.
Second CoinCodexthe token could surge and skyrocket nearly 222% by mid-July to trade at a high price of $0.00055. After the approval of the Ethereum ETF, this figure could increase further, making it an appropriate investment choice to explore and entertain. While Floki Inu is currently expected to be in bearish mode, the cycle may change soon following the ETH ETF approvals.
“Floki Inu price is forecasted to rise by 225.91% and reach $0.00055 by July 28, 2024. According to our technical indicators, the current sentiment is bearish while Fear & Greed Index is showing 47 (neutral). Floki Inu has recorded 13/30 (43%) green days with price volatility of 22.09% in the last 30 days.”
Cryptocurrency no. 2: Shiba Inu
The Shiba Inu ecosystem is known for constantly revamping its processes to woo investors. The token is currently busy curating a bunch of new product offerings that include the launch of the Shiba Eternity Blockchain version, as well as Shiba Hub, while new elements grace its ecosystem. With the launch of Ethereum ETF approval, SHIB can gain new price strength, which can help its investors accumulate new profits.
Second Monetary codeShib could surge by 65% to trade at a new high price of $0.00002884. According to CC, SHIB is currently projecting a bearish signal but is set to recover and heal as positive disruptions in the ecosystem will play a vital role in correcting its price valuation.
“The Shiba Inu price prediction for the next 30 days is a projection. AND based on the positive/negative trends of the last 30 days. SHIB will change hands at $0.00002884 on July 5, 2024, gaining 65.31% in the process.”
Cryptocurrency no. 3- Pepper
Pepe is another notable cryptocurrency token that has made significant waves in the cryptocurrency industry. The token has recently surged by nearly 3000%, riding on the recent surge in GME stocks. Likewise, being an Ethereum-based token, Pepe can avail of significant price appreciation once Ethereum ETFs gain traction in the mainstream market.
Second Monetary codePepe could increase by almost 200% in mid-July, reaching an all-time high of $0.00003972. CC buy indicators further project Pepe into a bullish area.
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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 Fear & Greed Index is showing 47 (neutral). Pepe Coin has recorded 11/30 (37%) green days with price volatility of 11.17% in the last 30 days.