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Pepe Delivers 800% In Gains: How High Can It Go By The May End? Pepe has been forging new milestones these days by being one of the most noteworthy developments ruling the crypto space. The token is up 7% in the last 24 hours, trading at $0.00001095. Statistics further reveal that the token has gained nearly 105% in the last month, bolstering the crypto’s presence in the space. The recent price surge of Pepe has helped the token drop a zero from its price. While the surge played an elemental role in strengthening the crypto’s presence in the space, it has also helped its holders gain staggering volumes of fortune. Pepe has disseminated 800% in gains to its holders, ushering in a new crypto narrative in the space. While meme coins may often be dubbed as entities launched in jest, the gains they can offer are genuine. The token has also added another badge of honor by being in the top three trending meme coin indexes. The meme frog-inspired token is now the third most traded coin by volume, aligned with its heavyweight contemporaries such as Bitcoin and Ethereum. The frog-themed crypto is now inching towards another price high, as analytics platform CoinCodex predicts. #PEPEATH #GME #Memecoins #ETHETFS #altcoins

Pepe Delivers 800% In Gains: How High Can It Go By The May End?

Pepe has been forging new milestones these days by being one of the most noteworthy developments ruling the crypto space. The token is up 7% in the last 24 hours, trading at $0.00001095. Statistics further reveal that the token has gained nearly 105% in the last month, bolstering the crypto’s presence in the space. The recent price surge of Pepe has helped the token drop a zero from its price. While the surge played an elemental role in strengthening the crypto’s presence in the space, it has also helped its holders gain staggering volumes of fortune. Pepe has disseminated 800% in gains to its holders, ushering in a new crypto narrative in the space. While meme coins may often be dubbed as entities launched in jest, the gains they can offer are genuine. The token has also added another badge of honor by being in the top three trending meme coin indexes.

The meme frog-inspired token is now the third most traded coin by volume, aligned with its heavyweight contemporaries such as Bitcoin and Ethereum. The frog-themed crypto is now inching towards another price high, as analytics platform CoinCodex predicts.

#PEPEATH #GME #Memecoins #ETHETFS #altcoins

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Dogwifhat, BOME dip as traders switch to new Solana meme coin The Solana meme coin market cap sits at over $8 billion now. However, over the past 24 hours, leading Solana meme tokens have dipped in price. BOOK OF MEME and dogwifhat have both slumped almost 10%. Investors have started casting their nets for the next big Solana meme coin to go viral, and one seal-themed project, Sealana (SEAL), has caught their eye. Solana-based meme coin dogwifhat has been a breakout star this year after launching in November 2023. Listed on DEXs initially for $0.000001366, it soon skyrocketed to $0.0352 by the end of 2023 — a 23 million percent increase. By March, it had passed the $4 mark, and early investors had enjoyed huge returns on their investments. Since then, the token has struggled to regain the highs of March due to severe price volatility. We’ve seen lows of $2.40 and highs of $3.50 several times in recent weeks. Two days ago, Dogwifhat saw a major price surge, rushing from $2.80 to over $3.20 after two major buyers spent more than $2 million. However, this price jump was short-lived when a whale sold $2.36 million worth of WIF. BOOK OF MEME (BOME) has undergone similar price movements over the past day, with a 9.24% drop. Like dogwifhat, BOME has a meteoric rise after it launched. It was listed on Raydium in March at a price of $0.0001341. Two days later, the token was valued at $0.0238, a 21,000% increase, and had reached a market cap of $1 billion. Currently, the token is priced at just $0.022 per SEAL token and can be bought using ETH, SOL, USDT, and USDC. Like Slothana, which recently hit a new ATH after a successful ICO, the presale has an air of mystery about it, which has helped drive hype up for this token. #dogwifhat #SolanaStrong #BOMEUpdate #altcoins #btc70k
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Standard Chartered: Solana & XRP ETFs Could Launch in 2025 Following the approval of Spot Ethereum ETFs this week, Standard Chartered analysts have said that Solana (SOL) and Ripple (XRP) ETFs could launch in 2025. Indeed, the bank is expecting more crypto-based ETFs to be on the way within the next year, The Block reports. Ethereum joined Bitcoin as two of the only cryptocurrencies to receive spot ETFs in the United States. However, Standard Chartered is one of many financial institutions that expect that to change over the next several months. Moreover, the bank’s analysts point to Solana and XRP as the prominent targets for the investment products. The start of 2024 saw the digital asset market take a massive step forward in its overall exposure and adoption. Specifically, January witnessed the US Securities and Exchange Commission (SEC) approve the inaugural Spot Bitcoin ETF with great success. Just three months after its issuance, BTC reached an all-time high of $73,000 and rallied institutional interest from some of the world’s largest entities. This week, Ethereum joined that list, with its very own spot ETF getting approved. Now, all eyes are on what asset could be next. According to Standard Chartered Bank, Solana and XRP could be the next cryptocurrencies to receive ETFs as soon as 2025. Geoff Kendrick, an analyst with the bank, noted that those two assets are likely to get interest from markets on an impending ETF, but not this year. Additionally, the Ethereum ETF approval greatly impacts the ongoing security classification questions that the asset has faced. The SEC decision appears to imply that Ethereum, and coins like it, are not classified as securities. This caveat could be vitally important as more assets seek similar investment products. #Xrp🔥🔥 #SolanaStrong #ETHETFsApproved #FIT21
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VanEck Ethereum ETF Gets Green Light, Who Else is In Line? VanEck’s much-anticipated spot Ethereum ETF was listed on the DTCC website on May 21. However, trading can still be weeks away. The SEC has approved Form 19b-4 for eight Ethereum ETF issuers including VanEck. Other issuers include names like BlackRock, Grayscale, and Fidelity.VanEck wasted no time following the SEC’s approval and reportedly submitted an amended S-1 application form for its Ethereum spot ETF.This was a crucial step for VanEck, signaling their intent to be at the forefront of the Ethereum ETF market.Within minutes of the SEC’s decision, VanEck also posted a 37-second advertisement on X, inviting viewers to “Enter the ether.” This advertisement is part of their broader strategy to attract investors and build awareness about their upcoming ETF. The anticipation surrounding VanEck’s Ethereum ETF reached a peak when it was listed on the Depository Trust & Clearing Corporation (DTCC) website on May 21. The listing is a crucial step towards making the ETF available for trading. The DTCC is a significant player in the financial market infrastructure, providing post-trade clearance and settlement services. Matthew Sigel, head of digital asset research at VanEck, noted that the SEC has approved their exchange partner CBOE’s proposed rule change to list and trade a VanEck spot Ethereum ETF on the CBOE. According to Bloomberg, the SEC still needs to approve the S-1 documents submitted by the issuers. Analysts expect the process to take several weeks or even months, depending on various factors.Seyffart noted that the approval process for Bitcoin ETFs took at least 90 days, and he expects a somewhat accelerated timeline for Ethereum ETFs. However, it’s essential to understand that full trading approval has not yet been granted. #ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏ #btc70k
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