The post Shiba Inu, PEPE Lead Top Meme Coins Likely To Explode Ahead Of The Spot Ethereum ETF Approval ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.

Advertisement &nbsp &nbsp With the growing anticipations of an Ethereum ETF approval, the entire crypto market is on a bull run. As the altcoins pick up pace, meme coins display impressive rallies within 48 hours. Further, with the Bitcoin and Ethereum ETPs getting listing approval on the London Stock Exchange, the bulls are supercharged. Will this bull market sustain an uptrend for a massive jump in meme coins? Don’t worry. We’ve got our top pick of meme coins that are likely to explode before the Ethereum Spot ETF approval. PEPE (PEPE) With the bull run spreading like wildfire in the crypto market, the PEPE price spearheads the bull run in the meme coin sector. The PEPE price is constantly rising as a frog-themed coin in a canine-dominated market. With a massive jump of almost 50% during the Ethereum bull run, the PEPE price is trading at an all-time high of $0.0000136. Further, the meme coin shows the rounding bottom breakout rally gaining momentum. Advertisement &nbsp The trend-based Fibonacci retracement shows that the PEPE price could easily scale to hit $0.000027 amidst the growing market.  Floki (FLOKI) Following the bullish breakout of a double bottom pattern and a falling wedge pattern, the meme coin prepares for a massive surge. The FLOKI price has increased by almost 20% with two immensely bullish candles.  The Stochastic RSI average lines enter the overbought zone, and the crucial 50, 100, and 200-day EMAs are in a bullish alignment. Thus, the technical indicators bolster the continuation of the bullish trend. As per the Fibonacci levels, the bull run could reach the 1.618 Fibonacci level at the $0.00040 mark. Dogwifhat (WIF) With a bullish trend in motion, the WIF price sustained above a crucial support trendline in the 1D chart. This meme coin is on the verge…

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Filed under: News - @ May 23, 2024 3:24 pm