Ethereum ETFs have finally sought approvals from the US SEC. The said move is set to usher in a wave of change in the cryptocurrency sector. These changes can be huge considering how the sector may be impacted as it may onboard a large influx of consumers. That being said, Ethereum may note exceptional price hikes now that the sector may invite a large pool of funds.
However, it’s also expected that, alongside ETH, several Ethereum-based coins and tokens may also gain significant price momentum. Here are our top three cryptocurrency recommendations that you must stash now that Ethereum ETFs have begun trading.
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Top Coins That May Double Your Profits This Year
Cryptocurrency #1: Pepe
Pepe has lately been making a lot of noise in the crypto sector. The recent Pepe rally helped the token surge and establish new price highs. The token surged recently, banking on the GME stock spike, which indirectly helped Pepe establish a robust foothold. Pepe is an ethereal-based coin, which indicates that the token may significantly gain momentum now that ETH ETFs are live in the market.
As per Changelly, Pepe can spike this year, taking the sector by surprise.
“According to the technical analysis of Pepe prices expected in 2024, the minimum cost of Pepe will be $0.00000635. The maximum level that the PEPE price can reach is $0.0000239. The average trading price may be around $0.0000414.”
Cryptocurrency #2: Shiba Inu
Ethereum harbors some of the most compelling meme coins. Among those, Shiba Inu tops the list as the central crypto coin filled with immense potential and hope to woo new users. With constant updates issued on Shibarium, as well as new blockchain-based games being announced, the Shib ecosystem is matching towards claiming its long-coveted $0.01 price mark.
Per Changelly, the Ethereum-based token is capable of ascending to new price heights this year. SHIB can spike up to $0.0000280.
According to the technical analysis of Shiba Inu prices expected in 2024, the minimum cost of Shiba Inu will be $0.0000174. The maximum level that the SHIB price can reach is $0.0000280. The average trading price may be around $0.0000386.
Cryptocurrency #3: Floki Inu
Floki Inu is another stellar recommendation to consider now that Ethereum ETFs are live for trading. The token is known for its extensive crypto experience and grand events that help it attract more mainstream attention. Floki Inu is busy conducting several philanthropic endeavors and, at the same time, has launched a new telegram bot that helps simplify crypto trading for users.
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As per Changelly, Floki Inu can surge up to $0.000200 by the end of 2024.
According to the technical analysis of FLOKI prices expected in 2024, the minimum cost of FLOKI will be $0.000169. The maximum level that the FLOKI price can reach is $0.000200. The average trading price may be around $0.000175.