High 5 Meme Cash to Watch as Ethereum ETFs Go Reside, Consultants Predict Enormous Inflow of Capital

As the ultimate date of July 23 for Ethereum ETFs to go reside within the US approaches, consultants predict an enormous inflow of capital into Ethereum

With the ultimate date of July 23 for Ethereum ETFs to go live in the US approaching, experts predict a huge influx of capital into Ethereum, potentially pushing its price to new heights. This launch is also expected to benefit several meme coins linked to Ethereum, driving their prices up too. Here are the top meme coins to watch for big gains.

1. Shiba Inu Coin (SHIB)

Shiba Inu Coin (SHIB), a popular meme coin, has seen impressive growth in the decentralized finance landscape. Built on the Ethereum network, SHIB's price has increased by 122% over the past year. Currently ranked 13th among the top crypto by market cap, SHIB boasts a market capitalization of $10.13 billion.

As of now, SHIB's price is trading at $0.00001715, reflecting a 1.91% decline in the last 24 hours. Despite this drop, SHIB remains a strong investment due to increased trading activity, systematic token burns, and the rollout of Shibarium, offering buyers a chance to accumulate more SHIB at a reduced price.

2. Pepe (PEPE)

Pepe, an Ethereum-based meme coin, aims to rival the popularity of Shiba Inu and Dogecoin. With the upcoming Ethereum ETF launch, traders expect assets linked to the Ethereum ecosystem to rally.

Pepe is currently ranked third amongst meme coins with a market cap of $4.9 billion. Its price stands at $0.00001162, reflecting a 1.3% drop in the past 24 hours, but its potential for growth remains high with the launch of the Ethereum ETF.

3. Floki (FLOKI)

Floki, an older meme coin inspired by Elon Musk, has evolved from a meme to a globally recognized brand. As an ERC20 meme coin with a large holder base, Floki is well-positioned to benefit from the Ethereum ETF approval.

Currently trading at $0.000177, Floki has seen a drop of 1.14% in the last 24 hours but remains a strong contender in the meme coin market due to its established presence and community support.

4. Grok (GROK)

Grok (GROK) has gained popularity in the meme coin space as an AI-related meme cryptocurrency. It is also speculated that Grok has the closest connection to Elon Musk of any meme coin.

Presently priced at $0.0080, Grok has seen a slight increase of 2.12% in the past day, with a market cap of $51 million. This connection and recent price movement position Grok as an interesting coin to watch.

5. Popcat (POPCAT)

Popcat (POPCAT) has been a top performer in recent weeks, rallying by 70.4% on the weekly charts and nearly 200% in the past month. Although it briefly entered the top 100 projects by market cap, it currently stands in the 105th spot.

Meanwhile, currently trading at $0.76 with a market cap of $747 million, Popcat has dropped 5.77% in the last 24 hours but could continue to rally and re-enter the top 100 projects, making it a notable meme coin to watch.

As Ethereum ETFs go live, these meme coins are set for potential growth, making them crucial to watch in the coming days.

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