PEPE, FLOKI Continue pumping
Expectedly, ETH is the biggest winner from the positive Ethereum ETF news as it skyrocketed over 20% in a matter of hours. Similar to BTC, Ether also charted a multi-week high of over $3,800. Despite a slight decline since that high, ETH remains in the green on a daily scale, trading near $3,800.
DOGE and SHIB were the other larger-cap stocks, each up 3%. In contrast, TON, ADA, BCH and NEAR fell by 3-5%.
The most significant profit in the past day came from two meme coins. FLOKI jumped 13%, while PEPE exploded 26% and charted a new all-time high today.
The total cryptocurrency market capitalization has decreased slightly but remains near $2.750 trillion.
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Overview of the cryptocurrency market.