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🔥🔥🔥Breaking News: #SEC APPROVES SPOT ETHEREUM ETF. #ETHETFS #ETH #binance

🔥🔥🔥Breaking News: #SEC APPROVES SPOT ETHEREUM ETF.

#ETHETFS #ETH #binance

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😱🦈🦈Whales Bet Big on These 5 Altcoins With the Approval of Ethereum ETF Large wallet investors, or “whales,” have recently shown increased interest in Ethereum-based altcoins. On-chain crypto intelligence trackers have noted significant buying activity of ENS, #UNI , #AAVE , #LDO , and LINK tokens. This surge follows the SEC’s recent approval of the Ethereum ETF, which analysts interpret as a positive signal for the altcoin market. With this surge in altcoin interest, the question arises: could this challenge Bitcoin’s dominance and mark the beginning of an altcoin season? Let’s dive into the altcoin market to see what’s happening. Whale Wallets on the Move According to Lookonchain data, new whale wallets have been actively scooping up large amounts of altcoins from the centralized exchange Binance. Here’s a breakdown of their acquisitions: Ethereum Name Service (ENS): 82,040 tokens worth $1.98 million Uniswap ($UNI ): 214,465 tokens worth $1.97 million $AAVE : 39,762 tokens worth $3.97 million Lido ($LDO ): 2,389,987 tokens worth $5.54 million Chainlink (LINK): 65,541 tokens worth $1.13 million. These purchases reflect growing confidence among big investors, possibly encouraged by the positive outlook following the Ethereum ETF approval. The Ethereum ETF Effect After the ETF approval, trading volumes in the Ethereum ecosystem surged by 16% in just 24 hours, indicating increased interest and activity from investors. While some Ethereum tokens saw price increases, the market has yet to experience the explosive growth typical of a full-blown altcoin season. Crypto analyst Dan Gamberdello sees the SEC’s approval as bullish for altcoins, marking Ethereum as a legitimate “commodity.” Another analyst, known as CryptoYoddha, believes that altcoins are poised for significant gains in the coming weeks, predicting that Ethereum’s strength and Bitcoin’s declining dominance will favor altcoin performance. #altcoins #ETHETFsApproved
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😱🚀🚀Will These 3 Altcoins Reach the ATH Soon? $ 1000 in The Eyes of the Largest CEX Altcoin The #BNB token, the largest centralized crypto exchange, is on an upward trend with a high acceleration as the crypto Sunday grows. The bullish trend in the Altcoin constitutes a rounded bottom with a neckline of $ 662 on the weekly chart. A big rise in the altcoin will result in a new all-time high, well above $700. Currently, the $BNB price is trading at $ 601, and the weekly yield of 4.72% indicates that the trend is continuing. According to the Fibonacci levels, the altcoin could reach the $945 mark at the Fibonacci level of 1,618 before reaching the $1,000 mark. Ethena ($ENA ) With the increasing demand for altcoins, the #ENA token is witnessing a reversal of the trend as the buying pressure increases. The daily chart reflects that the altcoin has broken above the falling wedge pattern, which will provide a 38% jump in the last 7 days. The altcoin is ready for a bull run as the exit rally gains momentum. Given that the buyers managed to maintain the momentum, the ENA price could reach $ 2.55, which is the Fibonacci level of 1,618. BONK (#BONK ) with a market capitalization of $2.41 billion, the $BONK price trend shows a major acceleration increase in the ongoing recovery rally. Meme coin is approaching the neckline of the round bottom formation at the level of $0.00003613 with an intraday gain of 8.94%. The reversal of the bullish trend may lead to an exit rally, which will reach the R5 pivot point at $0.000066 next week. With an optimistic approach, the bull run in altcoin could reach the $ 0.00010 level in the second quarter of 2024. #altcoins
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😱🚀🚀3 Altcoins that left their mark on the day: Bull Signal They attract attention! The fact that the agenda was positive and the news feed gave a bullish signal contributed to the altcoins' rise. After the remaining positive week, which altcoins marked the end of the week? 1- #Uniswap (UNI) Uniswap ($UNI ), the largest Decentralized exchange in the Ethereum ecosystem, was among the most rising altcoins of the day. UNI, which suffered a major collapse with the notification of the SEC, managed to recover in a short time. UNI has achieved an increase of 20.19 percent in the last 24 hours. According to data provided by CoinMarketCap, UNI has achieved a trading volume of $ 554 million in the last 24 hours. UNI has a market capitalization of $6.51 billion. 2- Lido DAO ($LDO ) Lido DAO (#LDO ), one of the most important and largest projects of the Ethereum ecosystem, took place at the top of the day. Lido DAO, which is the platform with the most ETH staked and aims to develop the Ethereum ecosystem, was fed from the spot Ethereum ETF agenda. LDO has experienced an increase of 17.09 percent in the last 24 hours. According to data provided by CoinMarketCap, LDO has achieved a trading volume of $ 317 million in the last 24 hours. LDO has a market capitalization of $2.289 billion. 3- Pendle (#PENDLE ) Another RWA project Pendle ($PENDLE ) was also included in the list of the most rising crypto projects of the day. PENDLE, which enables the transition of traditional finance to decentralized finance by integrating with blockchain and is one of the leading names of RWA, has achieved a 14.06 percent increase in the last 24 hours. According to data provided by CoinMarketCap, PENDLE has achieved a trading volume of $ 188,980 million in the last 24 hours. PENDLE has a market capitalisation of $1.055 billion. The fact that the agenda was positive and the news feed gave a bullish signal contributed to the altcoins' rise. After the remaining positive week, which altcoins marked the end of the week? #altcoins
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🐸🚀🚀Will Pepecoin (PEPE) Price Yield A 10x-15x Rally in 2024? With a massive jump 65% jump this week, the #PEPE price action showcases increased momentum and buying pressure. Further, as the broader market recovers with Bitcoin near $69K and Ethereum ETFs approval, the bull run chances are improving for the meme coins. With the increasing demand for cryptocurrencies, will the meme coins explode this year? Will the PEPE price yield a 10x to 15x Rally in 2024? Will it reach $1 in 2030? Find out more in our $PEPE price prediction. PEPE Price Performance With a rounding bottom breakout in the daily chart, the PEPE price has surpassed the $0.00001 psychological level. The neckline breakout prolongs the bullish trend continuation by 65% this week. This increases the market value of memecoin by 178% over the last 5 weeks. On a longer picture, the memecoin has increased by almost 1300% in the last 14 weeks. This reflects a massive jump in the PEPE demand in the retail market. The 65% jump this week creates a bullish engulfing candle in the weekly chart. The PEPE price is currently trading for $0.00001510, with an intraday growth of 6.82%, undermining the 5.26% drop last night. Technical Indicators: RSI: The daily RSI line sustained in the overbought zone, reflecting an overall demand increase. Will PEPE Rally Jump 1000%? In the daily chart, the bullish trend sustains above the 100% trend-based Fibonacci level at 0.000015. As the higher high trend continues, with the unleashed trend momentum after the rounding bottom breakout, the PEPE price is expected to surpass the $0.00002 mark. Beyond this, the meme coin could head for the 2.618% trend-based Fibonacci level at 0.0000277. In a longer time, with the upcoming bullish catalyst in the crypto market like the Uptober rally, the alt season, and potential rate cuts, the meme coin could surge even higher. Hence, the possibility of a 10x-15x rally in PEPE price is a feasible target for 2024 as the buying pressure grows. #altcoins #memecoins #binance
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