Arbitrum and ONDO showed impressive price upticks after the ETH ETF approval. However, Algotech, a new coin in the market, looks set to outshine them
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Industry Viewpoint
Industry Viewpoint articles by AlexaBlockchain are the voices of leading blockchain and crypto firms written directly by the industry executives. It offers an inside look at what these web3 firms think of the current market scenario and how they are shaping the blockchain economy.
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With Algotech (ALGT) gearing up for its listing at $0.15, new investors could be in for an 87.5% return.
The recent green light from the US Securities and Exchange Commission (SEC) for the sale of Spot Ethereum exchange-traded funds (ETFs) has piqued the curiosity of new and seasoned institutional ETF investors, who are now increasingly searching for viable platforms to invest in.
The value of Ethereum, the second-largest cryptocurrency, is approaching $4,000. This spike suggests Ethereum is preparing to climb to a new annual high.
Analysts predicts 100x growth for DTX Exchange (DTX), Uniswap (UNI), THORChain (RUNE), Synthetix (SNX) and Curve DAO Token (CRV).
ETFSwap (ETFS), Pepe (PEPE), and Uniswap (UNI) will be the best-performing crypto assets in June and the ones that can give investors a 50x return on their investment.
Ripple (XRP) is one of the few crypto tokens among the top 50 coins by market cap that hasn’t recorded any year-to-date (YTD) gain.
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This surge in the crypto project’s popularity underscores a shift in investor’s sentiment towards greed, indicating a heightened interest in cryptocurrencies with high-profit potential.
ETFSwap (ETFS) was among the few crypto tokens that didn’t dip following the recent marketwide downtrend, which overwhelmed almost all coins, including Bitcoin (BTC).