Ethereum ETFs officially launched on July 22, sparking bullish tailwinds across the crypto market, and the US elections are getting closer. The memecoin sector is utilizing the ETH chain, could receive a significant boost in the approaching months.
The overall meme coins market capitalization which is around $51.741 Billion grew by 4% in the last 24 hours.
Speculations that bullish catalysts like ETH spot ETFs inflows and Donald Trump’s Republican candidature for presidential elections could spark a major rally across the memecoin sector.
If the crypto whales’ preference in memecoins persists in the coming months, tokens including Pepe (PEPE), Maga (TRUMP), and Floki (FLOKI) are well-poised to gain ground ahead.
Here are the current angles of these 3 meme coins to keep an eye on:
PEPE: Bulls Could Target a New All-Time-High
Pepe (PEPE) has benefitted the most from Ethereum ETF’s bullish headwinds, as per the price action. Currently, PEPE consolidating within a tigh
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