Three Cryptocurrencies to Invest in Following the Launch of Ethereum ETFs

The US SEC is currently reviewing requests for the establishment of Ethereum ETFs, signaling a potential transformation in the sphere of digital currency. With such developments, a vast number of new consumers may be introduced to the market, which could trigger significant price surges in Ethereum, particularly as it attracts substantive investment capital.

Moreover, the positive impact is not limited to ETH alone; a broad array of Ethereum-related cryptocurrencies are likely to experience a momentum shift in their price. With the advent of Ethereum ETFs now being a reality, here are three cryptocurrencies we believe you should consider adding to your investment portfolio.

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Cryptocurrencies Poised to Potentially Double Your Gains This Year

Cryptocurrency #1: Pepe

The Pepe token has been trending in the crypto world of late. Fueled by a recent rally and benefiting from the GameStop stock incident, Pepe’s market presence has strengthened. Positioned on the Ethereum blockchain, Pepe stands to escalate further with the living trading of ETH ETFs.

According to Changelly, there’s expectation for Pepe to experience a notable surge this year:

“Pepe’s prices in 2024 are estimated to range from a floor of $0.00000635 to a ceiling of $0.0000239, with an average trading value of around $0.0000414.”

Cryptocurrency #2: Shiba Inu

Within Ethereum’s ecosystem, Shiba Inu is a meme coin with tremendous growth prospects, captivating a broad audience. Infrastructural developments like Shibarium updates and the announcement of blockchain games fuel its journey toward the coveted $0.01 milestone.

Experts at Changelly posit that SHIB is poised to soar this year with a possible high of $0.0000280:

“The projected price trajectory for Shiba Inu in 2024 has its lowest predicted value at $0.0000174, climbing up to a potential max price of $0.0000280, with the mean trading rate likely hovering around $0.0000386.”

Cryptocurrency #3: Floki Inu

With the trading of Ethereum ETFs now active, Floki Inu emerges as an attractive investment opportunity. Known for its strong project foundation and ability to capture the public’s attention through grandiose events and charity work, as well as technological advances like a new trading telegram bot, Floki Inu grows in appeal.

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Predictions on Changelly indicate that Floki Inu’s value could ascend to $0.000200 by the end of 2024.

“Future technical analysis foresees Floki Inu’s price points ranging from a minimum of $0.000169 to a maximum of $0.000200, with an average market value potentially settling at about $0.000175.”