After Nasdaq, CBOE and Fidelity requested updated information on their filings Fidelity increased the chances of Ethereum ETF approval from 25% to 75%.
Leader of the pack PEPE It has reached an all-time record of $0.00001271, a 30% increase on Tuesday. The trading volume of the cryptocurrency has risen by 411 percent, while its market capital is just over $5 billion. This puts it in the top 25 cryptos. Investor Jameson explained PEPE has requested a price rise similar to 2021 DOGE pumps.
Lido DAO (LDO( ) has the highest trading volume, up 483.24%. The 24-hour volume is over $505 Million. LIDO’s price has increased by about 40% to $2.37. Lido is the best staking solution for Ethereum. Investors can stake up to $2.37. stake Receive ETH stETH.
![ETH ecosystem coins pump among possible Ethereum ETF approval - 2](https://fxruhanahmed.com/2/wp-content/uploads/2024/05/1716319821_70_ETH-ecosystem-coins-pump-among-possible-Ethereum-ETF-approval.jpg)
BONK In the last 24 hour, THX has increased by 24.56% to reach $0.000034174. The gain is a reflection of a larger uptrend within the meme coin industry, as its market cap increased by 24.57 percent to $2.03 Billion. Bonk’s volume of trading jumped by 289.62%, to $1.35 Billion. This highlights the growing activity in this market.
BONK stands out as the only Solana amongst top gainers.SOL) meme coin.
![ETH ecosystem coins pump among possible Ethereum ETF approval - 3](https://fxruhanahmed.com/2/wp-content/uploads/2024/05/1716319821_550_ETH-ecosystem-coins-pump-among-possible-Ethereum-ETF-approval.jpg)
Arbitrum (ARB() is up 23% to $1.21 over the last 24 hours. Now ranked 37th, its market cap is up 23% at just over $3.2 billion. Black Sheep Crypto Trading is a popular cryptocurrency analyst who appeared on X. analyzed The chart for ARB suggests that the best entry price is $0.99, and then targets of $1.27 or $1.42.
Analysts also noted that traders may look to take long positions in Bitcoin at $1.04 if Bitcoin is (BTC() has a lever flush.
![ETH ecosystem coins pump among possible Ethereum ETF approval - 4](https://fxruhanahmed.com/2/wp-content/uploads/2024/05/1716319821_890_ETH-ecosystem-coins-pump-among-possible-Ethereum-ETF-approval.jpg)
Uniswap (UNIThe price of jumped by over 21% to $9.34 on Tuesday. With a market value of $5.6 Billion, the stock is now worth more than $9.34. Trading volume increased 182.08% and totaled $418.5 millions. Uniswap has been the
top Decentralized exchange on Ethereum, which facilitates the trading of meme coins and other crypto currencies. SEC in April released a report on the U.S. served Change to a Wells Notice warning that an enforcement action is imminent, so as not to scare investors and traders away.
![ETH ecosystem coins pump among possible Ethereum ETF approval - 5](https://fxruhanahmed.com/2/wp-content/uploads/2024/05/1716319822_207_ETH-ecosystem-coins-pump-among-possible-Ethereum-ETF-approval.jpg)
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: crypto.news