Ethereum spot ETF is about to be listed, and these 3 altcoins with 100 times potential are worth paying attention to!
According to the latest news, the Chicago Board Options Exchange confirmed 5 ETFs traded on its platform on July 23: 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF and Franklin Ethereum ETF.
After the launch, it means that more institutional funds will enter through the Ethereum ETF, indicating that the price of Ethereum is likely to break through the historical high and rush to $5,000 or even higher.
Potential altcoins on the Ethereum chain are likely to benefit from this round of market:
1) $ENA
ENA is the governance token launched by Ethena on April 2 this year. The launch of the ENA token marks a milestone for Ethena to move towards decentralization and community governance. After the Ethereum spot ETF is passed, the practicality of the ENA token will be improved, which deserves special attention.
2) $INJ
Although Injective is still in its early stages in the crypto market, it has attracted widespread attention. The project has attracted many DeFi projects to strengthen the infrastructure of its ecosystem, and its recent rounds of financing have also highlighted its importance. In addition, the project has also cooperated with Noble and Clusters. Injective's cooperation with Noble enables it to directly access USDC issued on the platform.
3) $ENS
Nominated many times by Ethereum founder Vitalik Buterin, the ENS treasury is well funded, and the ENS domain name system has important uses in decentralized applications.
Investment is risky, and you need to be cautious when entering the market. Although the altcoins I mentioned are my research and holdings, they only represent my personal opinions.
