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Price Record Broken for Ethereum Based Memecoins. The U.S. Securities and Exchange Commission (#SEC ) approved applications to establish a spot Ethereum ETF last week. Following this, many investors flocked to Ethereum-based memecoins. Meanwhile, #pepe (PEPE) and #mog (MOG) prices increased by 11% and 45%, respectively. The transaction volume of PEPE, which has an average transaction volume of 500 million dollars on normal days, has increased to over 1.8 billion dollars. However, according to Coinalyze data, the long-short position ratio in #PEPE currently appears to be in favor of the bears with a rate of 54.82%. $BTC $ETH $PEPE

Price Record Broken for Ethereum Based Memecoins.
The U.S. Securities and Exchange Commission (#SEC   ) approved applications to establish a spot Ethereum ETF last week.
Following this, many investors flocked to Ethereum-based memecoins. Meanwhile, #pepe   (PEPE) and #mog   (MOG) prices increased by 11% and 45%, respectively.
The transaction volume of PEPE, which has an average transaction volume of 500 million dollars on normal days, has increased to over 1.8 billion dollars.
However, according to Coinalyze data, the long-short position ratio in #PEPE  currently appears to be in favor of the bears with a rate of 54.82%.
$BTC $ETH $PEPE 