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Ethereum Holders Quietly Accumulate This “Hidden” Meme Coin Before it Lists on Exchanges

02.12.2024
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Ethereum (ETH) markets are heating up, as bullish narratives grow surrounding the second largest crypto by market cap, although ETH holders are increasingly accumulating a new “hidden” meme coin before it lists on exchanges.

ETH was last trading just above $3,600, per TradingView data.

Ethereum Holders Quietly Accumulate This “Hidden

US Ethereum ETFs saw bigger inflows than US Bitcoin ETFs last Friday of $332.9 million, as US institutional investors increasingly warm to the asset.

The Ethereum ecosystem is also booming. Over $16 billion in new USDT tokens were minted on Ethereum last month, whilst the total value of crypto locked in smart contracts on the chain has surged back to $72 billion, its highest since early 2022.

BREAKING: Tether has minted another $1 billion in $USDT out of thin air, setting a new record with $16 billion issued this month. pic.twitter.com/BjASCcmFcv

— Jacob King (@JacobKinge) November 29, 2024

Meanwhile, Ethereum could get a further ETF boost in 2025, with Bernstein calling for the approval of a Staked ETH ETF that would offer investors a yield.

A yield-bearing Ethereum ETF would be a far more attractive proposition than the current Ethereum ETF to many traditional investors and could bolster inflows.

🔥 NEWS: Alliance Bernstein (AB) analysts expect #Ethereum ETF staking yield approval under a crypto-friendly @realDonaldTrump SEC administration! 🚀 pic.twitter.com/POrydfApz5

— Ethprofit.eth 🦇🔊 (@Ethprofit) December 2, 2024

As Bullish Narratives Grow, How High Could Ethereum Go?

As a result of growing bullish narratives surrounding Ethereum and its ecosystem moving forward, few would be surprised to see the price charge above $4,000 this month and mount a challenge of the 2021 all-time highs in the $4,800s.

If prior altcoin seasons are any guide, the Ethereum price could charge more than 2x higher from its prior record highs and on towards $10,000.

Ethereum Holders Quietly Accumulate This “Hidden

So that could mean gains of around 3x are possible for ETH from current levels. Impressive stuff.

However, for some in crypto markets, this upside potential won’t be enough, with many investors instead hunting for the next 100x project that will make them rich.

In their hunt for outsized returns, these investors often turn to the micro-cap meme coin markets.

Many get caught up in FOMO and end up getting burnt by scam meme coins and pump-and-dump schemes.

A better option might be to invest in meme coin presales that are already seeing surging momentum and interest.

One of the top projects being watched by investors at cryptonews.com is a “hidden” meme coin called Flockerz (FLOCK) that has been going under the radar up until now.

Here is everything you need to know about this exciting new vote-to-earn DAO-powered meme coin, and why analysts at cryptonews.com rank it as one of their top meme coins to buy now.

The flocks always helping each other reach their goals!
Teamwork makes the dream work! pic.twitter.com/Mk97zpMy37

— Flockerz (@FlockerzToken) December 2, 2024

“Hidden” Meme Coin Flockers (FLOCK) – Here’s What You Need to Know

Whilst Flockerz (FLOCK) has been flying under most meme coin investors’ radar, it is making waves in web3 trading circles.

Eager early investors have already plowed over $4.2 million into the project, which many are predicting could explode in 2025.

The Flock just passed 3.5M!!!!
What a big day for this flock. From humble beginnings to worldwide notoriety the flock isn't ready to stop anytime soon!
Here's to the next! 🔥💙🐦 pic.twitter.com/Go1L3mDsTm

— Flockerz (@FlockerzToken) November 28, 2024

The current bullish environment in crypto means FLOCK is setting up to launch at the perfect time.

Couple that with the fact that Flockerz offers so much more than your typical meme coin – FLOCK owners are automatically part of the Flockerz decentralized autonomous organization (DAO) called Flocktopia.

Here they have a chance to earn more FLOCK every time they vote on DAO proposals, whilst presale investors are also benefitting from massive staking rewards, which were last around 575% per the official website.

The blockbuster success of the presales means that major exchange listings are sure to come soon.

Interested investors need to move quickly so as not to miss out on what could be one of the best meme coin token launches of 2024.

Widely followed crypto analyst ClayBro outlines in the below video why hidden meme coin FLOCK could be one of the biggest success stories of 2025.

Dozens of other analysts at the likes of 99Bitcoins, InsideBitcoins, and Clinix Crypto are also backing the coin.

Learn More About FLOCK Here

The post Ethereum Holders Quietly Accumulate This “Hidden” Meme Coin Before it Lists on Exchanges appeared first on Cryptonews.

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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