Investors are looking for cryptocurrency coins with the highest potential returns as the market awaits approval of the Ethereum Exchange-Traded Fund.
An Ethereum ETF approval would be a significant milestone for the cryptocurrency industry. This could lead to an increase in institutional investment, and the adoption of crypto by the mainstream.
Here’s what I found articleWe will examine the three top cryptocurrencies that you should consider purchasing in order to potentially gain 5X the amount of money you would have spent on them if the Ethereum ETF was approved: PEPE (Optimism), Arbitrum (ARB) and Optimism.
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PEPE
PEPE Its impressive performance has attracted attention. PEPE, currently at $0.00001377 has seen an impressive 25.83% price increase over the past 24 hour period.
PEPE has also been positioned to benefit from the growing market excitement as anticipation for the Ethereum ETF is increasing. This is due in part to its unique brand and community support.
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Optimism (OP)
Optimism Investors and developers are gaining interest in (OP), an Ethereum-based layer-2 scaling solution.
OP is currently trading at $2.74. It has experienced a 3.76% gain in the last 24 hours. The 24-hour high was $3.01 and a low of $2.73. Optimism will also benefit as demand grows for layer 2 solution and anticipation builds of Ethereum ETF approval. This could lead to up to 5X growth.
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Arbitrum
Arbitrum (ARB), which uses optimistic rollups, provides a low-cost and high-speed environment for DeFi apps and other Ethereum-based applications.
ARB is currently trading at $1.18. It has seen a 2.244% rise in the last 24 hours. The 24-hour high was $1.23 and the low $1.14.
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ARB’s price could rise significantly as more Ethereum ETF projects are approved and investors anticipate the Ethereum ETF.
In the cryptocurrency world, there is much excitement about the potential approval of an Ethereum-based ETF. PEPE, Arbitrum, and Optimism are the three top-ranked ETFs that investors can use to maximize their returns.
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Source: watcher.guru