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Top 5 Meme Coins to Buy for MAXIMUM Profits from Ethereum ETF Launch
The countdown has started and we can’t keep calm!
As the deadline is July 23rd for Ethereum ETFs As the launch of Ethereum in the US approaches, experts predict a massive influx of capital into Ethereum, potentially driving its price to new heights. This launch is also expected to impact several meme coins tied to Ethereum, driving their prices up as well.
Which meme coins will benefit the most? Here’s the list you’ve been looking for.
1. Shiba Inu Coin (SHIB)
Shiba Inu Coin (SHIB), a popular meme coin, has seen significant growth in the decentralized finance scene. Built on the Ethereum network, SHIB’s value has increased by 122% in the past year. Currently ranked 13th among the top cryptocurrencies by market cap, SHIB boasts a market cap of $10.13 billion.
SHIB is currently trading at $0.00001715, reflecting a 1.91% decline over the past 24 hours. Despite this decline, SHIB remains a strong investment due to increased trading activity, systematic token burns, and the launch of Shibarium, which offers buyers the opportunity to accumulate more SHIB at a discounted price.
2. Pepe (PEPE)
Pepean Ethereum-based meme coin, aims to rival the popularity of Shiba Inu and Dogecoin. With the upcoming Ethereum ETF launch, traders expect assets related to the Ethereum ecosystem to recover.
Pepe is currently ranked 3rd among meme coins with a market cap of $4.9 billion. Its price is at $0.00001162, reflecting a 1.3% drop in the last 24 hours, but its growth potential remains high with the launch of the Ethereum ETF.
3. Floki (FLOKI)
Flokian older meme coin inspired by Elon Musk
Elon Musk Elon Musk is a cryptocurrency enthusiast who has been stirring up the crypto world through his brilliant tweets. He has a complex relationship with cryptocurrencies. His tweets are solely responsible for the volatility of cryptocurrencies. Musk has splendidly bought $1.5 billion in the king of cryptocurrencies. He was born on June 28, 1971, and lives in Pretoria, South Africa. His mother is Maye Musk and his father is Errol Musk, he is a South African electromechanical engineer, pilot, sailor, consultant, and real estate developer. He graduated from the University of Pennsylvania, where he majored in Arts and Physics, and the Wharton School, where he majored in Science and Economics. Musk was honored with the Axel Springer Prize, an annual award given to outstanding individuals who are highly innovative, build and change new markets, shape culture, and confront their social responsibility. In 1995, Elon Musk and Greg Kouri founded a web software company called ZIP2. The company developed and marketed an Internet city guide for the newspaper publishing industry, with maps, directions, and yellow pages. X.com and PayPal: In 1999, he co-founded X.com, an online financial services and email payment company. Space X: On March 14, 2002, he founded Space X, a space transportation company. On July 1, 2003, he founded TESLA. Tesla is an electric vehicle and clean energy company that designs and manufactures electric cars, grid-scale home battery energy storage, solar panels and solar roof tiles, etc. His other interests include SolarCity and Tesla Energy, Neuralink, The Boring Company, Hyperloop, OpenAI Music, and Venture Capital. He made $165 million selling PayPal to eBay. And was first listed on the Forbes Billionaires List in 2002, with a total net worth of $2 billion. NAsales@teslamotors.com EntrepreneurInvestorCEO
has evolved from a meme to a globally recognized brand. As an ERC20 meme coin with a large holder base, Floki is well positioned to benefit from the Ethereum ETF approval.
Currently trading at $0.000177, Floki has seen a 1.14% drop in the past 24 hours but remains a strong contender in the meme coin market due to its established presence and community support.
4. Grok (GROK)
Grok (GROK) has been gaining traction in the meme coin sector, particularly as an AI-themed cryptocurrency.
Currently priced at $0.0080, Grok has seen a slight increase of 2.12% over the past day, with a market cap of $51 million. This connection and the recent price movement position Grok as an interesting coin to watch.
5. Popcat (POPCAT)
Popcat (POPCAT) has been a top performer in recent weeks, rising 70.4% on the weekly charts and nearly 200% in the past month. Although it briefly entered the top 100 projects by market cap, it currently sits at 105th.
Meanwhile, currently trading at $0.76 with a market cap of $747 million, Popcat is down 5.77% in the past 24 hours but could continue to recover and return to the top 100 projects, making it a notable meme coin to keep an eye on.
With the debut of Ethereum ETFs, these meme coins are poised for potential growth, making them essential ones to keep an eye on in the coming days.
Read too: Will Spot Ethereum ETF Spark a New Crypto Surge? Here’s What to Expect