FLOKI and PEPE Pick Up Momentum Ahead of Upcoming ETH ETF Launch
Floki and Pepe rallied exceptionally in the first half of 2024.
Floki gained 1,228% while Pepe gained 2,006% in H1 2024.
Traders expect the memecoins’ rally to continue after the ETH ETF launch
Bloomberg’s senior ETF analyst, Eric Balchunas, recently posted that the ETH ETF will launch on July 23, less than a week away.
Following his signal, crypto users have turned their attention to Ethereum and the altcoins within its ecosystem, including Floki and Pepe. The question among most of them is whether the two memecoins will continue their impressive form after the ETH ETF launch.
The memecoins Floki Inu and Pepe are at the forefront of their sector of the crypto industry in the current bull market.
