Ethereum (ETH) and Trending Meme Coin Top the Prestigious Rankings: Details

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BitTorrent

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Jul 10, 2023
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Ethereum (ETH) and Trending Meme Coin Top the Prestigious Rankings: Details


TL;DR

  • Ethereum’s popularity soared after the US SEC closed a specific investigation into the asset and Pantera Capital announced plans to invest $100 million in a spot ETH ETF.
  • Other cryptocurrencies trending recently include ENS, the Trump-themed DJT token, and Fetch.ai (FET), which saw a 30% price increase.
Attracting the Most Attention


Crypto market intelligence platform Santiment reports that Ethereum (ETH) the biggest There has been an increase in interest from traders lately.

The world’s second largest cryptocurrency conditions Its market value may be on the rise due to the actions of the US SEC. Editor earlier this week knowledgeable ConsenSys succeeded request It will close the investigation into Ethereum 2.0, which means it will not follow up on accusations that ETH sales were securities transactions.

“Closing the Ethereum investigation is crucial, but it is not a panacea for the many blockchain developers, technology providers, and industry participants who have suffered under the SEC’s illegal and aggressive crypto enforcement regime,” ConsenSys added.
Santiment explained this a reason behind The growing popularity of Ethereum may also be the reason for Pantera Capital’s intention to purchase $100 million worth of assets. The plan is revealed Bloomberg’s James Seyffart WHO requested The company will distribute capital into Bitwise’s spot ETH ETF.

Another cryptocurrency is being seized A. big stack Traders are intrigued by the new Donald Trump-themed token DJT. Firstly, happened speculation He said the former US president would launch the asset along with his 18-year-old son, Barron Trump, who is spearheading the project.

Recently, Martin Shkreli (a former convict who spent several years in prison for financial fraud) appeared publicly. announced his role creation meme money.

The list goes on


Others cryptocurrencies, which have become increasingly popular lately They are GCR, ENS, PENDLE, XLM, WAMPL, ARKM, FET and USDT.

ethereum name service (ENS) could receive additional attention from America’s securities regulator and ETH-related news.

Fetch.ai is Experienced A daily price increase of around 30%. The AI-related cryptocurrency’s rally coincided with NVIDIA’s success. Like CryptoPotato reportedTechnology giant becomes the largest company in the world conditions its market capitalization (over $3.33 trillion) surpassed Microsoft ($3.31 trillion).

Another announcement Fetch.AI, ocean protocol, and SinguralityNET combining their tokens may have had a positive impact on FET’s price. Binance is one of the leading cryptocurrency exchanges with Support attempt.


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